April 27, 2016

Saudi Arabia releases ambitious plan to diversify economy

The "Vision for the Kingdom of Saudi Arabia" could radically transform Saudi Aramco, the Saudi economy, and the country's social structure.

April 27, 2016

Global oil supply could face 4.5 million barrels shortfall — Wood Mackenzie

Current oil oversupply could reverse within 20 years as low oil prices have forced pricers to slash spending on exploration and production, a report by Wood Mackenzie shows.

April 25, 2016

Emerging trends in the mining industry

Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.

April 25, 2016

Power cuts weigh on Randgold’s Ivory Coast mine output

Energy supply issues also hurt equipment at the miner's Tongon gold operation in the first three months of this year.

April 21, 2016

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

April 21, 2016

CAT sales latest sign of mining improvement

World's number one heavy equipment manufacturer arrests sales decline in March.

April 21, 2016

Anglo shareholders revolt against Cutifani’s $4.9 million pay

Full voting results will be released on Friday.

April 21, 2016

Newmont Mining investigating bribery allegations

The gold and copper miner didn’t specified where the alleged misconduct took place.

April 21, 2016

Security threats unable to take shine off Mali gold

Mali upgraded in March its estimated reserves by a third to around 800 tonnes, which should ensure continued production for at least the next 15 years.[

April 20, 2016

Sibanye to invest $250 million in its gold mines, keeps shopping for new assets

Sibanye is not exclusively looking at buying gold assets; it is also considering platinum, coal, uranium and base metals mines.