February 13, 2013

African Barrick Gold falls after posting poor results

Tanzania's largest gold miner posted a fourth quarter loss driven by heavy write-downs and a warning of a further fall in output.

February 13, 2013

Gold Fields chairwoman quits for politics

Mamphela Ramphele's resignation fuels local rumours indicating she is planning to create a new political party to challenge the ruling African National Congress (ANC).

February 13, 2013

U.S. approves $15.1 billion CNOOC-Nexen deal

Canadian oil and gas company Nexen’s shares climbed over 2% after the announcement.

February 12, 2013

Petaquilla claims legal win over Inmet on mining rights in Panama

Panama's Supreme Court backed Petaquilla's exploration and extraction rights in five areas of Panama's Donoso District.

February 12, 2013

Eriez Trunnion Magnets Protect Downstream Equipment

Eriez® Trunnion Magnet Separators effectively remove up to 98 percent of the grinding media steel balls and ferrous chips from milled ore in SAG/ball mill operations.

February 12, 2013

Russia could overtake Australia, China and US in gold production by 2015

Russia may become world's no. 3 gold miner.

February 12, 2013

Zimbabwe’s ruling party suspends top officials over diamond fraud

Zimbabwe's ZANU-PF party has suspended five senior officials on suspicion of fraud involving $700,000 of diamond proceeds.

February 12, 2013

Diamond dealers meet in Dubai

Group aims to to establish Dubai as the global gateway for commodity trade.

February 12, 2013

World Diamond Council meets in May

The Ninth Annual Meeting will take place in Israel.

February 12, 2013

Glencore-Xstrata post poor key metals output

The miners joint production numbers released by Glencore revealed a decline in output across key metals such as coal and copper.