September 26, 2012

We will not consider wage demand, says Amplats CEO

Chris Griffith, CEO of Anglo American Platinum, said the company will not consider wage demands by the striking workers.

September 26, 2012

Gold Fields secures second interdict, considers firing striking workers

Gold Fields spokesman Sven Lunsche said the company is considering firing its striking workers.

September 26, 2012

South African strikes far from over: AngloGold Ashanti closed

AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32%…

September 25, 2012

Rio Tinto sells South African coal assets to Canadian company

If you had any doubts over what mining giant Rio Tinto (ASX, LON:RIO) thinks about coal and small operations, today’s news should make it clear. The Anglo-Australian miner has agreed…

September 25, 2012

Petra Diamonds awaits ‘green shoots’ of demand in wake of price dive

Africa-focused Petra Diamonds (LSX:PDL) sees "green shoots" of demand in the wake of a price slump this year for the precious gems.

September 24, 2012

Blood Diamonds of ore: GE takes on conflict minerals

GE is one of 30 companies participating in a pilot program to implement guidelines on conflict minerals due diligence developed by the Organisation for Economic Co-operation and Development (OECD).

September 24, 2012

Petra Diamonds expects 30% production surge next year

Africa-focused diamond miner Petra Diamonds (LSX:PDL) expects production for the year ending June 2013 to rise by around 30%.

September 22, 2012

A lost world of junior mining opportunities

When Leily Omoumi, a gold analyst with Scotiabank in Toronto, turns her engineer's eye on a mining company, she can translate insight into profits for investors.

September 21, 2012

Xstrata gets an extra week to decide on Glencore merger

Diversified miner Xstrata (LON:XTA) and commodities trader Glencore International (LON:GLEN) have now until October 1 to decided on the $36 billion lauded merger.

September 21, 2012

DiamondCorp shares soar on Lace project financing news

Shares in diamond exploration and development company DiamondCorp PLC (LON:DCP) went up over 24% in early trade Friday after the group struck a financing deal that will meet more than…