January 26, 2015

Zambia’s new leader to keep polemic mining tax

Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.

January 26, 2015

Undisclosed number of diamonds stolen from South African mine

Sixteen men, who failed to access a safe, broke into a room used for sorting diamonds near Prieska Monday morning.

January 26, 2015

Cliffs Natural removes quarterly dividend to repay debt

It also said it has reduced its net debt balance by more than $400 million.

January 26, 2015

Kosovo miners return from underground, ending 3-day strike

Hundreds of miners in Kosovo are back on shift following a three-day work stoppage to protest against the Kosovo government, which backtracked on an earlier decision to take control of…

January 25, 2015

Scottish village of Tyndrum prepares for ‘£200 million gold rush’

The picturesque village of Tyndrum in Scotland's Grampian Highlands is bracing itself for what could be a surge of prospectors after it was revealed around £200 million of gold is…

January 23, 2015

Centerra a step closer to moving gold project in Mongolia forward

The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.

January 23, 2015

Anglo American mulls sale of more coal mines in Australia

The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.

January 23, 2015

Anglo hit by platinum, iron ore units lower earnings outlooks

The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.

January 23, 2015

Baja Mining’s long-delayed and almost dead El Boleo finally reaches production

Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.

January 22, 2015

GRAPH: Gold price vs bond buys shows limits of QE

Don't expect Europe's QE bazooka to lift gold prices much says new report.