November 20, 2015

Global coal imports heading for second year of ‘dramatic’ drops

The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade…

November 19, 2015

Lonmin investors approve key $407m rights issue

The move will allow the platinum miner to restructure its debt and, it hopes, weather an ongoing decline of platinum prices.

November 19, 2015

Gold Fields deciding Ghana’s mine fate, as bullion prices dive

Its Damang mine in Ghana is struggling with current gold prices, the firm said.

November 19, 2015

‘Are you sitting down’ – Lucara CEO recounts 1,111 carat diamond news

‘Congratulations – you are the CEO of the first company in 100 years to recover a stone over 1,000 carats.’

November 18, 2015

Company claims prize for second-largest diamond recovery

1,111 carats.

November 18, 2015

Five miners rescued in Tanzania after 41 days trapped underground

They survived by eating roots, cockroaches and frogs, and drinking drips of muddy groundwater.

November 17, 2015

South32 extends South Africa mine closure

South32's manganese mines in South Africa are unlikely to restart operations until January, when a major review is expected to be completed.

November 16, 2015

Nigerian group seeks to unlock over $100bn Potential in mineral resources

The 4th hosting of the Sustainability in the Extractive Industries (SITEI) is scheduled to take place on the 19th of November 2015 in Abuja

November 16, 2015

Paragon Diamonds halts trading on capital, financial position woes

The Africa-focused miner needs funding to complete the acquisition of the Mothae project and to repay short-term debts, including £500,000 due this week.

November 13, 2015

Platinum, palladium prices tank as investors flee

CHARTS: South Africans can't liquidate ETF holdings fast enough, sending platinum to fresh 7-year low and palladium down 20% within only two weeks.