April 20, 2015

It’s official: Zambia scales back mining royalties to 9%

The announced changes will be effective on July 1, once parliament has approved them.

April 20, 2015

‘Perfect’ 100-carat diamond goes under Sotheby’s hammer

The flawless, 100-carat diamond could fetch up to $25 million when it goes under Sotheby's hammer in New York on Tuesday

April 20, 2015

One year-old Kibali mine already looks to its future

The ongoing search for additional reserve ounces at Kibali will secure its future as a long-life mine and one of Africa’s largest gold producers, Randgold Resources chief executive Mark Bristow…

April 20, 2015

Irish Kenmare sends S. African miners in Mozambique home over xenophobia

The decision follows a similar move by Sasol, which repatriated Friday 340 of its employees working on projects in the Southeast Africa nation for their own safety.

April 19, 2015

Will solar be the bullet that kills coal?

A new adversary is emerging for coal. It comes from silicon wafers, the material used to make solar panels.

April 17, 2015

At least 19 dead after illegal mine collapses in Tanzania

The accident occurred on Thursday night at Kahama district, Shinyanga region, near Acacia Mining's licensed Bulyanhulu gold mine.

April 17, 2015

Lucapa Diamond unearths 63.05-carat rock from Angola mine

It's the largest diamond Lucapa has recovered in Lulo since the mine began commercial operations in January.

April 17, 2015

World Bank financing fossil fuel-related projects, while calling to end subsidies — report

Study shows the bank offered $3.4bn in loans, grants, guarantees, risk management and equity for fossil fuel-related projects for the 2013-14 financial year.

April 17, 2015

Kyrgyzstan aborts plans to grab Centerra’s Kumtor mine, but wants more say

A long-discussed 50/50 joint venture with Centerra doesn't seem to be in Kyrgyzstan's plans any longer.

April 17, 2015

Australia’s AGL to shut all coal plants by 2050

Australia's No.2 power retailer's decision aims to curb greenhouse gas emissions.