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.