February 8, 2018

Sotheby’s expects over $33 million for world’s largest, rarest, flawless round diamond

The 102.34-carat white diamond is thought to be worth considerably more than previous auction records for similar pieces.

February 8, 2018

Sibanye-Stillwater $108 million-move on DRDGold OK’d

South African competition authorities have approved the exchange of selected Sibanye-Stillwater's assets for a 38% stake in DRDGOLD Ltd.

February 7, 2018

Congo seeks to soothe miners while holding course on changes

DRC tried to strike more conciliatory tone after week of heated exchanges between Africa’s top copper producer and some of its largest foreign investors.

February 7, 2018

South Africa gold miners seen close to silicosis lawsuit settlement

A class action suit brought against gold producers in South Africa is likely to be settled "within months" with $755 million going to miners suffering from fatal lung disease

February 7, 2018

Rio Tinto pays biggest divvy in history as profit hits three-year high

Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls “resilient” commodity prices.

February 7, 2018

Second accident in a week at a Sibanye-Stillwater mine kills two

Two employees were trapped underground and later died in a fall of ground incident at the company's Kloof gold mine.

February 6, 2018

Mining companies are suddenly positive on South Africa again

Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa.

February 6, 2018

Gold price: 9 straight years of record annual mine production

New report shows world's mines produced all-time peak of 105 million troy ounces of gold in 2017 despite 9% drop in output in top producer China.

February 6, 2018

South32 prepares to spin off South African coal assets within six months

President and chief operating officer Mike Frasersaid company has received a number of offers for the assets, which it up for sale in November last year as part of a…

February 6, 2018

Zimbabwe to enter lithium market with $1.4bn mine

Country is backing Prospect Resources’ (ASX:PSC) Arcadia lithium project, expected to generate that much revenue over eight years.