December 17, 2018

These are the three main trends to shape the diamond industry in 2019

According to Bain & Co., diamond miners and retailers will face an Increasing influence of digital technologies, growing presence of lab-grown stones and shifting preferences of younger generations of consumers.

December 14, 2018

Wheaton resolves tax dispute with Canada Revenue Agency, shares surge 14%

The reassessments were related to income generated by Wheaton’s wholly-owned foreign subsidiaries operating outside of Canada.

December 14, 2018

South Africa’s AMCU union to remain on strike at Sibanye-Stillwater

The union's Sibanye-Stillwater members remain on strike, disputing the miner's argument the action is now illegal.

December 14, 2018

Nigeria’s first gold refinery scheduled to be ready next year

The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.

December 14, 2018

Firestone shares shoot up after finding 46-carat diamond in Lesotho

The gem-quality white stone was recovered undamaged, the miner said, and will be sold at the next tender in January.

December 13, 2018

Gold Fields to restart production in South Africa as workers return

Workers downed tools in November after the bullion producer announced plans to cut 1,100 jobs at the mine - near a third of its workforce.

December 13, 2018

Sibanye-Stillwater extends wage agreement to striking gold workers

Potentially putting an end to a strike that has seen almost half of its employees down tools since mid-November.

December 13, 2018

Zimbabwe mining minister invites De Beers, Vast Resources to return

It would make them the first listed companies to mine there in that sector for two years, Mining Minister said.

December 13, 2018

Eskom debt swap not an option – South Africa’s Ramaphosa

Eskom, which has implemented power cuts due to coal shortages and poor plant performance, said it wants the government to take on $7 billion of its debts.

December 12, 2018

Barrick is said to move closer to resolving Acacia dispute

A deal would be a major victory for Bristow as he prepares to take the helm of Barrick in January