June 30, 2015

Davis’s X2 Resources goes after Rio’s coal assets in Australia

Negotiations between the parties, still at an early stage, are said to have generated solid interest from both sides.

June 30, 2015

Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

The miner is spending $1.3 million in exploration work aimed to reopen a historic tin-indium mine in Nova Scotia.

June 29, 2015

South Africa’s gold workers ‘unimpressed’ with 13% pay rise offer

Gold producers offered above-inflation wages, which make up 55% of their mining costs in the country.

June 29, 2015

Iamgold trims 2015 output forecast over earthquake disruption at Quebec mine

The Canadian miner said it expects the lower output to "adversely" impact costs at the mine.

June 26, 2015

Burkina Faso parliament adopts new mining code

Burkina Faso's transitional parliament passed a new mining code on Friday that abolishes a previous 10 percent tax break on mining company profits and obliges firms to pay into a…

June 26, 2015

Paragon Diamonds sees at least $160m in revenue from Lesotho mines

The miner, which does not yet generates any income, expects to kick-off production at its Lemphane and Mothae mines later this year.

June 26, 2015

Rio Tinto sells Murowa diamond mine and leaves Zimbabwe

The company, however, said it remained committed to the diamond industry.

June 25, 2015

South African commission finds police to blame in Marikana deaths

The commission into the deaths at Lonmin's Marikana platinum mine in August 2012 concluded the plan to quell the massive protest was “defective,” and shouldn't have been executed as such.

June 24, 2015

Iron ore prices hit six-day highs, but rally won’t last say experts

Analysts from Goldman Sachs, Citi and ANZ predict prices will drop again below $50 a tonne.

June 24, 2015

South African gold sector to table wage offer next week

The companies, which bargain collectively under the country’s Chamber of Mines, are already battling low metal prices and mounting electricity costs amid power outages.