April 18, 2016

DMCC and Silver Group sign memorandum to drive commodities trade in China

DMCC, the Government authority on trade, enterprise and commodities in Dubai, announced today its signing of a Memorandum of Understanding (MoU) with the leading Chinese silver producer China Silver Group…

April 17, 2016

Five illegal miners die in blasting accident at South African gold mine

Five people have died in a blast during illegal mining activities at the Klipwal Mine in KwaZulu-Natal, the mining company announced on Sunday.

April 14, 2016

Glencore’s Optimum coal now in hands of S. African’s President family

Tegeta Exploration & Resources Ltd., controlled by the Gupta family and South African President Jacob Zuma’s son, is the new owner of optimum coal.

April 13, 2016

Did BHP just call the bottom of the mining cycle?

CEO Andrew Mackenzie said over the weekend "the commodities fall has stopped". Not only that – after recent rallies six are back in bull markets.

April 13, 2016

Lucara revenues for first exceptional tender exceed US$51 million

The 10 diamonds, found at the Karowe mine in Botswana, were sold for gross revenues of $33,632 per carat.

April 12, 2016

Botswana Geoscience Portal goes live

Geosoft announced the launch of the Botswana Geoscience Portal, a partnership initiative with the Botswana Geoscience Institute and industry sponsors.

April 12, 2016

Gold to hit $3,000 by 2019 — expert at Dubai conference

“The big problem is that monetary policy is contagious and central bankers no longer have any bullets left," said precious metal expert Diego Parilla.

April 12, 2016

Dispatches: Child labour in Dubai’s gold supply chain

Around 40% of all gold traded on the international market flows through the “city of gold,” as Dubai likes to call itself.

April 11, 2016

Endeavour Mining begins construction of new African gold mine

The Hounde project, in Burkina Faso, is forecast to produce about 1.9 million ounces of gold over a 10-year mine life.

April 8, 2016

Top 10 copper producing countries

Peru's output surges, North American producers slip down the rankings and Chinese mines shut down.