May 3, 2017 Kinross shares jump 10% on Q1 results Despite producing less gold, Kinross Gold (TSX:K) made more revenue in the first quarter and is proceeding with an aggressive plan that will slash costs and increase production at its…
May 3, 2017 2017 global natural diamond production forecasted at 142M carats worth $15.6B The top 10 largest mines in the world by value produced are estimated to represent 58% of global production.
May 3, 2017 Centamin shares fall after reporting profit and production declines Despite the drop in production, the gold miner kept guidance unchanged for its 2017 financial year at 540,000 ounces.
May 2, 2017 Mining no longer top sector attracting investors to Africa — report Industrial and precious metals, coal, oil, as well as natural gas, collectively accounted for just 6.2% of foreign direct investment into the continent last year.
May 2, 2017 Illegal Chinese gold miners blamed for pollution, violence in Ghana Government officials’ comments add bitterness to the already resentful locals, following wave of negative coverage of Chinese mining practices in the Ghanian media.
April 28, 2017 Anglo American to resume operations at El Soldado mine in Chile The company had warned it would evaluate options for the mine, including walking away form it, if it didn’t receive the necessary permits.
April 28, 2017 Stellar Diamonds jumps on Tongo-Tonguma tribute mining agreement Deal creates one of the largest diamond mines in West Africa.
April 28, 2017 Norilsk Nickel sues Botswana over thwarted mine stake deal The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.
April 27, 2017 Vale’s first quarter profit lower than expected as rains hurt iron ore output Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am