March 12, 2018 Newfield acquires Stellar Diamonds for $23.6 million Under the deal, Newfield will lend Stellar $3 million to help it over its immediate short-term cash needs, while undertaking a right issue to raise A$30 million (roughly $23.6m) to…
March 12, 2018 Taxes aren’t the real problem with mining in Congo: Gadfly There's a strange thing about the fear going through the global mining industry after theCongo signed an order to lift royalties last week: Compared with most other countries, these levies are still…
March 11, 2018 Workers at Cajamarquilla zinc smelter in Peru end strike Workers had downed tools on Monday to demand higher wages and better benefits, according to a union leader.
March 11, 2018 S.Africa gold miners’ silicosis lawsuit settlement expected within six weeks The suit was launched around six years ago on behalf of miners suffering from silicosis, contracted by inhaling silica dust in gold mines.
March 9, 2018 South African diamond provides new clues on Earth’s internal processes A mineral usually found at depths of 700 km found ensconced within diamond near Earth’s surface for the first time.
March 9, 2018 Battle to keep Lonmin platinum deal alive hinges on the rand The strengthening rand, which squeezes profits for both producers, could make the transaction less attractive for Sibanye.
March 9, 2018 Congo’s Kabila signs into law new mining code The law, passed by parliament in late January, replaces an earlier code from 2002.
March 8, 2018 $2 billion Congo-Brazzaville iron ore project stalled London-listed Zanaga Iron Ore Company shares plunge after switching to small-scale early production mine at flagship central Africa project.
March 8, 2018 Biggest Ghana mining union plans protests over gold fields jobs Gold Fields Ltd.’s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine.
March 8, 2018 Platinum market forecast to remain in balance in 2018 Global platinum supply is forecast to be 7,815 koz in 2018, a decline of 2% from 2017.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
