December 2, 2013

Vale very much still in the running for Simandou

Brazilian giant could end up with half of one of the world's greatest mining prizes.

December 2, 2013

Vale slashes investment budget for third straight year to $14.8bn

Budget for 2014 is 9.2% lower than last year’s and well below the $18 billion total from 2011.

December 2, 2013

Diamond prices to jump next year— Alrosa

A steady diamond demand in Europe, paired with an ever growing appetite for these precious stones in China and India, are to blame, says Alrosa.

December 1, 2013

Zimbabwe’s diamond mineworkers want 250% pay hike

Platinum sector workers will be happy with 208%, while gold miners seek a 150% wage increase. Industry is offering 0.6%.

November 28, 2013

High profits or low profits, tensions with governments rise

Over the past decade, the number of disputes that have resulted in international arbitration has increased tenfold for the oil and gas sector and fourfold for the mining industry. And…

November 27, 2013

On the trail of juniors with blue-sky potential: Eric Coffin

In this interview with The Gold Report, the publisher of Hard Rock Analyst explains that new discoveries with high margins are the essence of the junior, and he considers eight…

November 27, 2013

Global exploration budgets down 29% in 2013

Canada accounted for just over 13% of the total, the smallest share in 14 years. The DRC made it to the top 10 mining destinations for the first time.

November 26, 2013

Botswana comes clean on fracking licences after documentary

It's allegedly happening in environmentally sensitive areas, such as the world’s largest elephant herds habitat.

November 26, 2013

Anglo Platinum unionized miners postpone vote on strike until 2014

Amplats' main union obtained permission for a legal strike two weeks ago, after exhausting mediation procedures.

November 26, 2013

South Africa’s growth hits four-year low due to strikes

The country’s gross domestic product expanded at an annualized rate of 0.7% in the period, down sharply from the 3.2% in the second quarter.