July 11, 2014

Africa’s largest iron ore miner hit hard by weak prices

While final results will be released on July 22, Kumba Iron Ore expects first-half profit to slide by as much as 19%.

July 10, 2014

Gold and silver shining bright—hit three-month highs

Platinum and palladium were also dragged higher by gold.

July 9, 2014

Banro provides Q2 2014 production update for its Twangiza Gold Mine, DRC, and detailed Namoya operations overview

Q2 2014 gold production and an operations update.

July 8, 2014

Diamond industry recovers place in miners’ hearts on climbing demand, prices

Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.

July 7, 2014

Gold industry admits fix must be fixed

Debate focused on modernizing or replacing century-old pricing process.

July 7, 2014

Massive layoffs expected in Zimbabwe as diamond deposits run out

It has become economically unviable for miners to dig any deeper for the precious stones.

July 5, 2014

Sibanye: Can raise $1B at ‘the drop of a hat’

'We have been through the front doors of just about all the significant platinum companies,' Neal Froneman, Sibanye CEO, says.

July 4, 2014

Namibia advances plans of selling diamonds without De Beers

Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.

July 4, 2014

Top South African miners leave the World Gold Council

As members pay per ounce of metal produced, both companies said they had to look at the cost-benefits of staying in the organization.

July 4, 2014

North River secures $12m to restart Namib mine, shares shoot up

Deal will allow North River to fast-track the development of its flagship lead and zinc mine.