October 20, 2015

China’s weak demand for diamonds drags sector into slump

Prices for the precious rocks have fallen almost 12% in the past year, amid weakening diamond jewellery demand from China, the second largest consumer after the U.S.

October 19, 2015

India mulls buying South African coal assets

State-run Coal India is looking to acquire mines to feed its expanding steel industry.

October 16, 2015

Randgold to exceed 2015 output target from Kibali, wants new licence in Congo

The mine produced 526,627 ounces in its first full year of operation in 2014, and was expected to yield 600,000 ounces this year.

October 16, 2015

Miners need to invest $150bn to avoid looming supply shortages

According to research house Wood Mackenzie, the need for investment is becoming desperate in zinc and lead and will be a major issue in the copper sector in the next…

October 14, 2015

The value of South Africa’s top miners more than halved in just a year

The dramatic fall in overall market capitalization reflects, according to PwC, the impact of the ongoing commodities rout and other challenges the local industry has faced in the last year.

October 14, 2015

Miners who made Harvard’s best-performing CEO list

African gold miner comes out on top.

October 13, 2015

Decades later $90 billion African mine still a distant dream

Guinea President Alpha Conde: "There have been people at Simandou for 15 years, 20 years, and they’ve never produced a tonne of iron."

October 13, 2015

Codelco vows not to cut copper output even if prices keep falling

The world's No.1 copper miner will keep output targets and won't make major changes to its $25 billion investment plan.

October 13, 2015

Botswana mines adopt South African online auction mechanism

In a first for Botswana, major mines are now using online auctions to offload unwanted assets and recover revenue. This comes following the extensive success online auctions have experienced in…

October 13, 2015

S. Africa’s main coal union accepts wage offer, ends strike

The National Union of Mineworkers (NUM) and the Chamber of Mines, which has been negotiating on behalf of the country’s main coal producers, will sign the agreement later today.