June 5, 2015

Zambia cuts mining royalties once again

Underground mining royalties cut to 6% from 9%.

June 5, 2015

China’s five year plan and the end of an era

At its centre will be a shift of emphasis away from trade with the advanced nations, whose prospects are bound to subside towards their level of economic growth.

June 5, 2015

Gold mining still most significant source of income in Africa, Asia — WGC

Mali, Papa New Guinea, Burkina Faso, Guinea, Tanzania, DRC and Mongolia among countries where gold mining contributed the most to their locals economies, says the World Gold Council.

June 4, 2015

The world’s top 40 miners saw returns hitting decade-low in 2014 — report

They shed $156 billion in market value last year, or about 16% of their combined worth, according to PwC.

June 3, 2015

Iron ore price jumps to three-month high

Signs of demand improvement as iron ore imports cover at Chinese ports fall to near two-year low.

June 3, 2015

Zambia mulls cutting mining royalties even further

Mines minister Christopher Yaluma said reducing royalties below the recently revised 9% would make underground mining more cost effective.

June 2, 2015

Gold industry injected $171bn into global economy in 2013

A World Gold Council report shows the sector's contribution was greater than the GDP of over 150 different countries and larger than the total value of global overseas aid in…

June 2, 2015

Conflict gold case against Swiss refiner dropped 

Insufficient evidence against Argos-Heraeus.

June 2, 2015

Anglo triples iron ore exports to India

India's total imports reach record high in year to end-March.

June 2, 2015

AngloGold, Newmont in talks over sale of Colorado mine

The sale would be one of the largest of a U.S. gold mine since the price of the precious metal began falling in 2013.