September 18, 2015

This blue diamond may become the most expensive gem ever sold at auction

"Blue Moon" is expected to fetch up to $55 million when it goes under Sotheby's hammer on Nov. 11, in Geneva.

September 18, 2015

Sibanye expects to generate up to 60% of power needs from new coal project

The move aims to reduce the gold producer's dependence on unreliable electricity supply from state-run utility Eskom Holdings.

September 17, 2015

True giants of mining: World’s top 10 iron ore mines

Number five is a single pit that produces 77 million tonnes of iron ore per year.

September 17, 2015

Glencore to sell part of its Chile, Peru copper output

The alleged deals involve Glencore's Collahausi mine in Chile, as well as Antamina and Antapaccay copper mines in Peru.

September 16, 2015

Randgold, AngloGold Ashanti join forces to revamp Ghana mine

Under the agreement with AngloGold, Randgold will lead and fund a development plan to rebuild the Obuasi gold mine in Ghana.

September 16, 2015

Former Anglo CEO Cynthia Carroll is back, joins Vedanta’s unit board

Carroll, who led Anglo American from 2007 to 2013, will chair the company’s Vedanta Resources Holdings Ltd. unit and advise the group’s chairman.

September 16, 2015

Glencore to reduce debt after getting $2.5 billion in shares sale

The share sale is set to reduce the company’s net debt by a third to around $20 billion by the end of 2016.

September 15, 2015

Citigroup joins copper price bulls

Market back into deficit next year and through 2019 on supply cuts, disruptions, dirty concentrate and rising costs.

September 15, 2015

UAE to become chair of the Kimberley Process in 2016

First Arab country to hold this position.

September 15, 2015

Paragon Diamonds shines bright on better-than-expected results for Mothae

Shares in the Africa-focused diamond miner climbed almost 6% after it revealed the Mothae kimberlite project in Lesotho may be more profitable than previously assumed.