September 23, 2015

Gemfields mine in Zambia richer than initially thought

According to SRK, the company needs to spend $84 million over the first four years of the project

September 23, 2015

South Africa replaces mining minister on eve of massive job cuts

Given that ousted minister Ramatlhodi is considered the main person that helped end a five-month strike in the country’s platinum sector last year, Zuma's decision is being questioned.

September 23, 2015

BHP Billiton contributed $7.3 billion in payments worldwide, shows first related report

The mining giant acknowledged it used a Singapore marketing hub to minimize its tax expenses, but added it is paying its fair share worldwide.

September 22, 2015

Copper leads fall in metal prices on China worries

So far, copper prices have failed to react significantly to news of supply disruptions, remaining more responsive to news from China, the world’s largest consumer.

September 21, 2015

Endeavour boosts presence in Africa’s gold sector on deal with La Mancha

The Vancouver-based miner has sold 30% of the company to La Mancha Holding in a deal that will grant it a majority stake in the massive Ity gold mine, in…

September 20, 2015

Atlatsa announces a restructure plan for Bokoni Platinum Mine

Atlatsa Resources Corporation ("Atlatsa" or the "Company") (TSX: ATL; JSE: ATL) advises that it, together with its joint venture partner, Anglo American Platinum Limited, has determined to implement a restructure…

September 18, 2015

Petra Diamonds losing some sparkle, net profit down 33 pct

But the company is on track to reach its longer-term target of about 5 million carats of diamond production a year by 2019.

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.