June 16, 2014

Centamin legal fight over gold mine in Egypt set to end this year

Centamin issues in Egypt go back to 2012, when a court cancelled its mining license for Sukari, the firm’s only producing mine, and the country’s first large-scale modern gold operation.

June 15, 2014

South Africa teeters towards recession on labour dispute

The latest attempt to end South Africa’s 21-week platinum strike has failed, pushing the country towards a recession and increasing the odds the sector will be smaller and more mechanized…

June 13, 2014

Petra unveils largest-ever blue diamond found at Cullinan mine

The 122.52-carat blue diamond won't be sold before the end of Petra's current financial year on June 30.

June 12, 2014

Platinum, palladium prices tank on strike deal

Unions representing 70,000 workers and the three largest platinum mines in the world reach wage deal to end almost 5-month long strike.

June 12, 2014

Diamond demand to climb 4.5% this year — De Beers

De Beers, the world's largest diamond miner by market value, is also bracing for a rough diamond demand rush.

June 11, 2014

Report: Thermal coal price forecasts too pessimistic

Macquarie says sub-$65 unlikely because first Indonesian and then Australian producers will drop out of the market around these levels.

June 11, 2014

Congo mines no longer controlled by warlords and militia —report

Tin, tantalum and tungsten mines used to generate $185 million a year for armed groups. Now, about two-thirds of those operations are part of peaceful supply chains, study shows.

June 10, 2014

BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.

June 10, 2014

Palladium price within striking distance of record high

A surge in ETF buying lights fire under palladium futures while platinum jumps past pre-strike levels .

June 10, 2014

‘Blood diamond’ monitoring to remain focus on conflict-torn regions

The newly elected president of the World Diamond Council is not in favour of expanding the scope of the Kimberley Process scheme beyond conflict zones.