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…

September 21, 2012

Unprotected work stoppage impacts AngloGold Ashanti’s Kopanang mine

An unprotected strike at AngloGold Ashanti's Kopanang operations prevented the night shift from taking place on September 20, 2012.

September 20, 2012

Government officials say Zambia to start publicly declaring mining revenues this year

Government officials told reporters today that Zambia aims to start publicly declaring the entirety of its mining revenues by the end of this year amid heightened efforts to increase transparency…

September 20, 2012

South Africa union fears ‘jobs bloodbath’ after Lonmin precedent

A bad choice of words.

September 19, 2012

Canada’s B2Gold to lead $1.1 billion merger with CGA Mining

Latin American-focused Canadian miner B2Gold said Wednesday it will buy CGA Mining for $1.1 billion to gain access to the Masbate mine, the largest operating gold project in the Philippines.

September 18, 2012

On strike Lonmin miners take pay raise offer

Workers at Lonmin's Marikana mine have accepted a 22% pay increase to end more than five weeks of deadly strikes.

September 18, 2012

South Sudan chooses mining over oil

South Sudan, the world's newest nation, has announced plans to enact a mining law by the end of October, pushing ahead exploration and expansion in the likely mineral rich, but…

September 17, 2012

Brock Salier unlocks the secrets of gold miner valuations

Brock Salier, a mining analyst with GMP Securities Europe LLP in London, explains high grading and provides insights into the future of gold mining in Africa.

September 16, 2012

Amplats to resume South Africa operations on Tuesday

JOHANNESBURG (Reuters) - Anglo American Platinum plans to resume operations at its Rustenburg mine in South Africa on Tuesday after it suspended work following labor unrest, it said on Sunday.

September 15, 2012

Platinum up 22% since mid-August

What a difference a black swan can make.