July 7, 2013

South Africa’s devastating gold industry outlook

60% of the industry is loss-making.

July 5, 2013

Pay raise prevents De Beers strike

Strike called off.

July 5, 2013

Wits Gold makes offer for Burnstone mine

South Africa’s Wits Gold has made an offer for Great Basin Gold’s Burnstone mine to give the company its first bullion-producing asset.

July 5, 2013

Freaky Friday: Barrick, Goldcorp, Kinross, Newmont, Randgold take big hits

"The decline is feeding on itself."

July 2, 2013

DRC’s army smuggling minerals in east Congo, UN experts

A group of UN experts says the army is smuggling minerals in eastern Congo, where the government is trying to cut the link between violence and the mineral trade.

July 2, 2013

South Africa’s deputy president reconvenes mining forum

The deputy president met mining houses and trade unions last month in a bid to resolve problems in the industry.

July 2, 2013

Protests hit second largest uranium mine in Namibia

About 300 workers, including mine staff and contractor employees, picketed at Langer Heinrich Uranium (LHU) mine last Thursday over pay and treatment by their employer.

July 2, 2013

What you need to know about the Simandou anti-corruption probe

"President Condé was the real villain in this story, Steinmetz said. His loathing for Condé was so palpable that, whenever he mentioned him, the tendons in his neck stood out."

July 2, 2013

Guide to surviving the global mining crisis launched

Most obvious measures include abandoning non-essential exploration work, postponing hires and focusing on core-business operations.

July 2, 2013

South Africa’s mining industry can’t afford wage talks failure: Chamber

If so they will end up destroying the country’s largest export industry as well as its credit rating, warned Tuesday the Chamber of Mines.