February 14, 2017 Kumba’s earnings doubled on higher prices, cost cutting measures The Anglo American's unit logged earnings of $607 million for 2016, basically double the $304 million it recorded in 2015.
February 13, 2017 Another large diamond dug from Lulo Big, valuable gemstones that may eventually get cut into smaller diamonds keep getting discovered in Angola.
February 13, 2017 Glencore buys stakes in Mutanda and Katanga mines valued at $960m Glencore is upping its presence in the African mining landscape through the purchase of stakes in two mines it already partially owns.
February 13, 2017 Newcrest doubles first-half profit, to pay divvy The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.
February 10, 2017 DR Congo’s perfect storm A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on ‘conflict minerals’, will exacerbate already high levels of violence in DR Congo.
February 9, 2017 Thabazimbi mine to be transferred to ArcelorMittal South Africa Ltd Until 2014 Thabazimbi was a captive mine owned and run by SIOC, but supplying ore exclusively to and funded by AMSA.
February 9, 2017 Anglo American to sell Kumba despite iron ore rally — experts While iron ore prices have climbed 90% in the last year to over $80 a tonne, the sale of Kumba would prove prudent for Anglo's long-term outlook, given its high…
February 8, 2017 Rio Tinto logs first annual gain since 2013 on iron ore rally Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.
February 7, 2017 Four dead after armed robbers storm DRC gold mine An armed attack on the Twanziga gold mine in eastern Democratic Republic of Congo (DRC) Tuesday has resulted in four casualties.
February 6, 2017 Mountain Province just found this massive diamond at Gahcho Kué The 67.87-carat gem quality octahedron diamond, unearthed during production ramp-up, is the largest of its kind recovered to date at the remote mine.
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
