September 14, 2015

Anglo American completes sale of Chile copper mines

The announcement comes only days after Anglo announced a $330m deal to sell lossmaking South African platinum mines to Sibanye Gold.

September 14, 2015

Guinea hosts second meeting of National Coordinators of the Extractive Industries Transparency Initiative (EITI)

The objective of these meetings is for African countries to find a common position before the next EITI Global Conference, to be held in Lima, Peru in February 2016.

September 11, 2015

Will the copper price supply cut rally last?

Yes, says this new report which forecasts a further 15% rise in the copper price by the end of the year.

September 11, 2015

Botswana may soon have its first uranium mine

As Australian firm A-Cap Resources has applied for a mining licence for its flagship Letlhakane project.

September 11, 2015

World’s largest diamond producer Debswana slashes output target

The company, a joint venture between Botswana and De Beers, said the measure follows a downturn in the global diamond market.

September 10, 2015

Iron ore price closing in on $60

Another surge on Thursday as Chinese stockpiles continues to decline.

September 10, 2015

Chile’s Codelco to cut top positions in response to weak copper prices

Chief executive Nelson Pizarro warned Codelco is ready to “cut costs to the bones,” and revealed the layoff process has already started.

September 10, 2015

Gemfields expands outside Africa, targets Latin America emerald assets

The London-listed precious stones miner plans to buy two emerald projects in Colombia.

September 9, 2015

Gold price: Bears take charge again

The gold price fell nearly 2% on Wednesday, but even near five-year lows the metal is historically overvalued compared to other commodities says new report.

September 9, 2015

Half of South Africa’s gold mines operating at loss — report

Experts believe the troubles affecting gold producers in South Africa go way deeper than a slump in prices for the metal or the usual cycles the mining industry experiences.