November 7, 2016

Weak commodities put infrastructure growth in emerging markets at risk — BMI

Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.

November 7, 2016

Lucapa soars on record sales from Angola mine

The stock jumped after it announced it had fetched $8.3 million for 1,864 carats of rough diamonds from its Lulo project.

November 4, 2016

South32 scoops up Peabody’s Metropolitan coal mine in $200m deal

The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.

November 4, 2016

Rio’s Simandou sale ‘could crush the price of iron ore’

"It would of obvious strategic benefit for China to control a major iron ore deposit and add new supply to discipline the market."

November 3, 2016

Glencore did better as commodity trader than miner in Q3

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.

November 3, 2016

Randgold eyes three new mines as higher gold prices boost profit 55%

The gold miner also expects to be in a position to increase dividends by the end of the year.

November 3, 2016

Fight for giant Congo copper mine heats up

DRC prime minister throws weight behind Chinese buyers of Freeport's controlling stake in Tenke Fungurume.

November 2, 2016

World’s fifth-biggest gold miner pleasantly surprised

The Toronto-based gold producer revealed that its net earnings were $2.5 million, or zero a share, in the three months through September.

November 2, 2016

Orion Gold continues high-grade zinc, copper hits in South Africa

Orion has revealed further high-grade drilling results from its ongoing diamond drilling program at the historical Prieska Copper Mine.

November 2, 2016

This is the world’s largest flawless heart-shaped diamond

Graff plans to showcase it around the world before setting it as a jewel.