January 18, 2018

Platinum miner Lonmin’s lenders relax loan agreements again

Lonmin's lenders had granted the company a waiver of compliance with a loan agreement that required its net worth to remain at a minimum of $1.1 billion.

January 17, 2018

De Beers’ diamond venture in Namibia axing at least 130 jobs

Move seeks to ensure the sustainability of Namdeb land-based operations.

January 17, 2018

Lucapa finds monster diamonds at Lulo, including largest coloured one

The Australian miner has also unearthed the tenth +100 carat stone recovered from Lulo since mining operations began two years ago.

January 17, 2018

Rio Tinto says SEC fraud case should be dismissed

The SEC had accused Rio Tinto, Albanese and Elliott of concealing the deteriorating value of assets at Rio Tinto Coal Mozambique.

January 16, 2018

Time to own gold: Sharps Pixley

"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.

January 16, 2018

De Beers readies technology aimed at eliminating ‘conflict diamonds’

Firm is developing open platform that traces diamonds from mine to buyer.

January 15, 2018

Acacia Mining’s Q4 output down on Tanzania export ban

The London-listed miner said production in three months to Dec fell 30 pct to 148,477 oz. compared with a year ago and 22 pct from the previous quarter.

January 15, 2018

Gem Diamonds shares on fire as miner finds 910-carat rock

Massive find is believed to be the fifth biggest gem-quality diamond ever found

January 12, 2018

World seaborne coal trade rose 1.5 pct in 2017 – German importers

This rise happened due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity.

January 12, 2018

Cobalt and 11% yields lure risk-takers to this Canadian miner

Strengthening commodity prices have spurred investors to push Sherritt’s bonds up, but skepticism is still reflected in the yield of nearly 11 percent.