August 6, 2012

Fatal clash over $80 a month mining wage strains Zambia China relations

A Chinese supervisor died on Saturday after being hit by a trolley pushed at him at the Collum mine in Zambia during a dispute over minimum wages.

August 6, 2012

After burning fingers in Congo, First Quantum is going big in Zambia

The Vancouver-based miner inked a deal with a Zambian firm for a new mine on Monday adding to its already ambitious expansion plans totalling $3.7 billion which includes building one…

August 5, 2012

Zambian miners kill Chinese manager during pay protest

Zambian miners have killed a Chinese manager by pushing a mine trolley at him during a riot at a coal mine in […]

August 4, 2012

Platinum and palladium continue to move sideways

Unless it mounts a challenge against its $1,500 resistance level, platinum will "stay on loose grounds" and will fail to attract new investment.

August 3, 2012

‘Fed up’ gold mining boards to continue hacking top management

“We interpret that lack of capital discipline and stock underperformance has reached a breaking point in the mining sector and we expect further management changes to come.”

August 3, 2012

Anglogold walks away from Gabon JVs with Silver Bull

The JVs dates back to October 2009 and AngloGold spent approximately $5.7 million on exploration at Ndjole-Mevang and $3 million at Ogooue.

August 3, 2012

Gold Fields threatens worker layoffs as restructuring talks stall

Gold Fields (NYSE:GFI), the world's fourth largest gold producer, has begun formal talks with its workers and union about labour reductions at its South Deep Joint Venture.

August 3, 2012

La Mancha’s second quarter gold production jumps 21% from the previous quarter

In its report the company highlights strong production of 30,620 ounces of gold at an average cash cost of US $766 per oz and a cash flow from operating activities…

August 2, 2012

Sukari gold mine resumption of operations

The illegal work stoppage as a result of labour unrest from a small percentage of the Sukari workforce has been successfully resolved with the co-operation of the Egyptian Mineral Resources…

August 2, 2012

Kinross dumps CEO

After seeing its share price halved in the past year, the Kinross Gold (TSE:K) board decided to remove Tye Burt and promote Paul Rollinson from Executive Vice-President, Corporate Development to…