December 17, 2015

Goldman forecasts even more pain for iron ore

The bank says prices will remain under $40 a ton for the next three years as China’s slowdown forces the sector into a long period of hibernation.

December 16, 2015

Zambian copper mining under threat, stable rules needed

Hit by a slump in copper prices, Zambia should maintain stable mining policies and taxes to avoid losing out to new, lower cost mines elsewhere, said the Chamber of Mines…

December 15, 2015

The Chinese scramble to mine Africa

25-fold investment jump in less than a decade. That's how fast China's gaining control over Africa’s mining industry. And Beijing's only pushing harder now. 

December 15, 2015

Barrick unveils early results of plan to buy back $1.15bn of its own debt

The miner, which began the year with an over $13 billion debt, has vowed to reduce the hefty figure by $3 billion before the end of 2015.

December 14, 2015

Codelco eyes $600 million in savings, more job cuts in 2016 as copper in the pits

Chief executive Nelson Pizarro said output will, however, remain untouched.

December 14, 2015

Diamond miners likely to cut prices further in 2016 to lift demand — Moody’s

The rating and research agency expects producers to have to deepen cut prices as supply and demand challenges continue into the new year.

December 11, 2015

Some think not too soon for Anglo obituary

Anglo-American perceived as "the most likely of the diversified mining majors to go bust" even if it "goes down fighting".

December 11, 2015

African Potash soars on fertilizer trade deal

The agreement with Windmill, a private fertilizer producer in Southern Africa, is expected to bring in net revenue of $300,000.

December 11, 2015

Supply/demand balance in diamonds could be reached by mid-2016

Despite the fact that the diamond industry is heavily concentrated, and still possesses tones congruent with its relatively recently removed history of being a monopoly, end-consumer demand is still what…

December 9, 2015

INFOGRAPHIC: Visualizing Chinese Investment in Africa

We have said previously that Africa is the new land of opportunity for speculators and investors.