July 14, 2015

Congo’s Gecamines sells copper assets to Chinese for $52 million

The deal increases Chinese miners presence in Congo, which is Africa’s top copper producer and the world’s largest producer of cobalt.

July 13, 2015

True Gold injects $14 million to its Karma gold project in Burkina Faso

The Vancouver-based company said it is on track to pour its first gold at the mine in the first quarter of 2016.

July 10, 2015

Commodities rout hits diamond industry, prices down 3.4 pct in first half of 2015

In the past year, they've lost 9.4% of their value, the recently launched Zimnisky Global Rough Diamond Price Index shows.

July 9, 2015

Platinum, palladium price drop accelerates

Data showing South African production up 88% in May from a year ago pushes platinum to levels last seen in 2008 while palladium falls to 2-and-a-half year low.

July 9, 2015

Iron ore prices: the worst is yet to come

Despite the rosy outlook from Australia’s top iron ore producers, they are all facing staggering demand from their biggest customer — China.

July 8, 2015

Why chaos on markets isn’t moving the gold price

Safe haven no more? Or how to "portray what is evidently a financial and economic crisis as nothing to be concerned about"?

July 8, 2015

UN Human Rights unit roasts Canada over mining, aboriginal treatment

The human rights committee is currently meeting in Geneva, Switzerland, ahead of finalizing its report and is hearing from Canadian non-government groups, including Amnesty, and from the federal government.

July 8, 2015

S. Africa campaigners jump all over Marikana killings report

They claim the official report on the police killing of 34 striking miners in 2012 is a "gross defamation" of those who died.

July 7, 2015

Cupric to spend $200 mln to build Botswana copper mine

Cupric Canyon Capital, a private equity firm backed by a unit of Barclays Plc, will spend $200 million to bring its copper-silver mine in Botswana to production.

July 7, 2015

Copper prices hit 6-year low, blame China

As high volatility in the Chinese stock-market reinforced worries of a dropping demand from the nation, the world’s top metals consumer.