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.

April 22, 2015

How to make money in renewable energy: NBF’s Rupert Merer

Rupert Merer analyzes that growing energy sector for National Bank Financial and tells The Mining Report why betting on the future of renewables is a prudent strategy for profit growth.

April 22, 2015

Mick Davis tells investors to stay away from coal, Africa

When asked about how much lower commodities prices will dive this year, Davis said he thought they were close to hitting rock bottom.

April 22, 2015

BHP yields to pressure and low prices, halts iron ore expansion

The company has become the first big miner to delay a planned output expansion.

April 21, 2015

DRC: Mining code negotiations to resume

The DRC's government has told mining companies it intends to reopen negotiations with them over a revision of the mining code sent to parliament last month.

April 21, 2015

Lucara Diamond unearths 342-carat rock at its mine in Botswana

The gem will be sold along with two other greater than 100 carat diamonds, also recovered at Lucara's Karowe mine.

April 20, 2015

Scientists reveal diamond bearing rocks more common than originally thought

A team of Australian scientists have, for the first time, identified the exact source of diamond-bearing rocks known as orangeites.

April 20, 2015

It’s official: Zambia scales back mining royalties to 9%

The announced changes will be effective on July 1, once parliament has approved them.