March 31, 2015

Less than half of copper projects needed to meet demand

New report identifies 231 existing copper projects with potential output of nearly 13m tonnes which will more than make up for long-term mine depletion.

March 31, 2015

Iron ore price enters free fall

3.6% plunge to just above $50 a tonne on Tuesday brings year to date losses to 28%.

March 31, 2015

Tantalus Rare Earths AG: Board approves capital increase to finance pilot production at Tantalus rare earths project in Madagascar

The Management and Supervisory Boards of Tantalus Rare Earths AG have approved a capital increase against cash contribution with shareholders’ subscription rights.

March 31, 2015

SEC tells Oxfam revision of Dodd-Frank rule on mining payments ‘not possible’ yet

The SEC said a rule requiring energy and mining companies to disclose payments to governments for the extraction of natural resources won't come until —at least— spring 2016.

March 31, 2015

IMF in favour of Zambia mining tax changes

But the fund warned that only further tightening of fiscal and monetary polices would contain the country's large deficits.

March 31, 2015

South Africa wants to settle mines’ black ownership in court

The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at…

March 30, 2015

Canpotex finalizes pricing deal with China

While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,

March 30, 2015

De Beers making it harder for diamond dealers to join supply chain

The move seeks to direct gems to the most financially sound purchasers and make the business more transparent.

March 30, 2015

Peregrine Diamonds acquires Botswana-based explorer

The deal gives Peregrine access to eight prospecting licences in the African country.

March 30, 2015

Randgold considers acquisitions amid gold mining industry crunch

CEO Mark Bristow said the current squeeze on the gold sector has created growth opportunities.