July 7, 2015

These are the top business risks mining and metals firms face

Getting — and keeping — a social license to operate, as well as resource nationalism, remain among the top five business risks for the industry.

July 7, 2015

Botswana seeks bids to build solar plants for mines

Botswana's government launched a bidding process on Tuesday to construct solar power plants near its huge Jwaneng diamond mine.

July 6, 2015

Tanzania puts former mining minister behind bars over gold deal

He was found guilty of issuing illegal tax exemptions to a gold audit firm, which cost the government millions of dollars in lost revenues.

July 6, 2015

South Africa’s main union rejects gold firms wage offer

Companies are keen to avoid a repeat of last year’s five-month platinum strike, but their ability to raise salaries is limited.

July 6, 2015

New mining code in Burkina Faso should not affect current operations — Iamgold

The code, which is yet to be formalized into law, respects clauses in existing deals, said the miner.

July 3, 2015

Iron ore hits four-month low

As fresh reports provided further evidence of a slowing Chinese economic and consequently increasing stock piles up at its ports.

July 3, 2015

China’s rate cuts to slow copper demand even further — report

China's central bank commitment to ensure policy remained prudent this year may mean no more monetary stimulus, which could see copper demand growth slow further.

July 3, 2015

The missing diamond shortage

If you’ve ever been to a diamond investment pitch you’ve probably seen ‘The Chart,’ the one where diamond demand soars, while supply trails forlornly in its wake.

July 2, 2015

Anglo American laying off up to 20% of its staff as investors press for further savings

Cuts likely to be announced at the end of the month, when the miner is set to publish its first-half results.

July 1, 2015

Iron ore falls below the $60 mark again

The value of the commodity has fallen by about 35% over the latest 12-month period, hitting Australia’s economy harder than expected.