April 27, 2015

Copper price through 2020: Onwards and upwards

CRU principal consultant Christine Meilton predicts a rising trend topping $3.60 a pound by 2019, but thereafter China-induced weakness returns.

April 27, 2015

Iron ore recovery gives miners breathing space

Prices for the steel-making material added Monday US$1.28 or 2.17% to US$59.09 a tonne, taking its gain since bottoming on April 2 to 25%.

April 27, 2015

Life coming back to the global exploration sector

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

April 27, 2015

Randgold’s Tongon gold mine on track to meet production target for 2015

The mine's management made significant progress in dealing with the recovery and throughput challenges that had hampered the operation in its early stages.

April 26, 2015

3 gold miners die in Ghana

Three miners died last week in Ghana after inhaling toxic fumes while underground.

April 26, 2015

China is burning through its natural resources

China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.

April 23, 2015

Barrick changes plan to halt Zambia mine over royalties row

Barrick Gold Corp. has backtracked on its decision to suspend operations at its Lumwana open pit copper mine in Zambia after the cabinet reduced mining royalties.

April 23, 2015

DMCC to host three seminars on diamond finance

The Dubai Diamond Exchange, a DMCC initiative, is planning to hold three seminars on diamond financing this year, underscoring the growing importance of the issue for the global diamond industry.

April 23, 2015

Low diamond prices push Anglo American to cut output

The global miner trimmed its forecast from 32m-34m carats to 30m-32m because of “current trading conditions”.

April 22, 2015

Iron ore price rockets

Jumps 6% on Wednesday to four-week highs despite record-setting production numbers from Big Three.