January 28, 2016

Anglo American shares rally on iron ore output hike, cost-cutting measures

The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.

January 28, 2016

Anglo American and Lonmin heap pain on South African mining with 9,000 job cuts

Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government

January 28, 2016

Russia’s Alrosa quarterly sales up 45%

Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.

January 27, 2016

Current mining downturn not a ‘normal’ one — Moody’s

The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.

January 25, 2016

Key appointments in Canada and South Africa for Gekko Systems

Gekko Systems is pleased to welcome four new staff members to its Canadian and South African global offices as the company continues to strengthen its delivery of customer support, sales…

January 25, 2016

Anglo American Platinum full-year loss to hit over $850 million

Only last month, the South African miner announced it was postponing all investment in new or replacement capacity until at least 2017

January 25, 2016

Stellar Diamonds just found a big rock at its Guinea project

The discovery of the 55-carat diamond confirms the presence of large stones in the area, said the company.

January 24, 2016

Four killed in Rustenburg platinum mine fire

Four miners have died in an underground fire in a platinum mine, the Impala group said in a statement.

January 22, 2016

Moody’s puts 175 energy and mining firms on review as low prices bite

Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.

January 22, 2016

Canada’s Nevsun defends itself against abuse allegations in Eritrea

Should foreigners who allege human rights abuses against a Canadian company operating in a foreign land have their case heard in a Canadian court?