February 22, 2018

Zimbabwe resumes diamond sales, expects to auction 1.56 million carats

A test sale was conducted and, according to the Minister of Mines, it was a total success.

February 22, 2018

Corruption perceptions index 2017

This year’s Corruption Perceptions Index highlights that the majority of countries are making little or no progress in ending corruption.

February 22, 2018

Kaz Minerals sets higher output targets for 2018 as profits jump

Kaz Minerals reported a jump in 2017 sales and production as its main mines ramped up and said it expected its 2018 output to rise as much as 16%.

February 22, 2018

Rio Tinto says changing structure, moving some staff

Rio Tinto, the second biggest miner by market capitalisation, has listings in London and Australia, a headquarters in London and an Australian office.

February 22, 2018

Canada the world’s overall top mining destination, despite Saskatchewan fall

That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.

February 21, 2018

Cash-rich global miners eye India as coal sector opens up for private firms

India’s decision to allow private and foreign companies to bid for coal mines without any end-use or price restrictions is likely to lure foreign mining giants, currently swimming in cash.

February 21, 2018

Apple in talks to buy cobalt directly from miners — report

Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.

February 21, 2018

Miners rich in cash are aiming for fat dividends, debt payments

The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.

February 21, 2018

Glencore gives investors $2.9bn in dividends after ‘strongest’ results ever

The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.

February 20, 2018

Mongolia says can build power plant to supply Oyu Tolgoi mine

Tensions have mounted between the Mongolian government and its fellow shareholders in Oyu Tolgoi, where Rio Tinto is operating a huge underground extension.