May 13, 2014 Majors’ gold reserves shrink under pressure from lower gold prices As predicted in February, a 15% year-on-year drop in the gold price in 2013 forced mining companies to lower the prices they use to calculate their gold reserves.
May 12, 2014 Mozambique to open new round of coal bids Following adoption of new mine ownership law for coking coal-rich southern African nation.
May 12, 2014 BHP Billiton ready to offload Guinea iron ore stake World's No. 1 steelmaker, ArcelorMittal, said to be the most likely buyer of BHP's stake in Mount Nimba.
May 12, 2014 Paragon Diamonds interest in Lemphane increased to 100% Paragon will now hold 80% of the equity in the project, together with the Government of Lesotho holding 20%.
May 12, 2014 True Gold completes water infrastructure in Burkina Faso The reservoir will provide sufficient water for the Vancouver-based junior company’s construction and operational needs, as well as for local communities in Burkina Faso.
May 12, 2014 Lonmin profit hurt by platinum strike, two workers reportedly killed The the world’s third-largest platinum producer said first-half operating earnings have dropped by almost two-thirds.
May 9, 2014 Striking Implats miners to vote on wages; AMCU rejects latest offer The vote would involve miners who are willing to take part and inquire whether they wanted to return to work.
May 8, 2014 Big oil consolidates African oil assets Recent announcements are the beginning of a big year for African oils consolidation.
May 8, 2014 Miners’ time to rejoice: Rio Tinto hints at imminent end of downturn The head of the world’s second largest mining company, Sam Walsh, said he will soon stop focusing on cost cuts to centre on growth again.
May 8, 2014 Former BP boss is Glencore Xstrata’s new chairman Tony Hayward was ousted from the oil giant in 2010 following the Gulf of Mexico disaster — the vastest marine oil spill in history.
Ionic Rare Earths bags $16 million UK grant for Belfast recycling plant The recycling plant in Belfast is expected to produce 400 metric tons of high-purity separated magnet rare earths oxides per year. January 26, 2026 | 05:38 pm
