July 21, 2015 Alrosa’s rough diamonds sales down 22% in first half of the year The Russian company, hit by a sustained slowdown in the diamond market, said its rough diamond have declined by 6% in the first six months of the year.
July 20, 2015 Randgold’s Kibali mine ramp-up on track for 600 ounces a year Work still continues on the development of its underground operation and second hydropower plant.
July 17, 2015 Lucara gets $69 million from first diamond sale, amid tough market conditions The star of the show was a 341.9 carat diamond —unveiled in April —, which sold for $20.55 million
July 16, 2015 The world’s highest grade gold mines Canadian mine takes top honours but Russia and USA dominate the rankings.
July 16, 2015 Anglo American to write down up to $4bn on weak commodity prices This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.
July 16, 2015 Graham Briggs to retire as the CEO of Harmony Gold A geologist by training, the 62 year old executive has been with the company for 20 years.
July 16, 2015 Zambia mining industry says new rules to scare investors, deter local processing The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.
July 15, 2015 Prepare for flood of copper concentrate New data by International Copper Study Group predicts copper mine output will grow 5.7 million tonnes by 2018 as Peru, Zambia and Mexico ramp up production.
July 15, 2015 Anglo American likely to cut dividend amid commodities collapse It would be the first time since 2009 that Anglo has to cut dividends.
July 15, 2015 Dodd-Frank: Five years and $1.5 trillion later In the five years since the Dodd-Frank Act passed, oil produced in developing countries was worth an estimated $1.55 trillion for those governments. But because the landmark US transparency law…
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