April 21, 2016

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.

April 21, 2016

Anglo shareholders revolt against Cutifani’s $4.9 million pay

Full voting results will be released on Friday.

April 21, 2016

Newmont Mining investigating bribery allegations

The gold and copper miner didn’t specified where the alleged misconduct took place.

April 21, 2016

Iron ore soars past $70 to a 16-month high

The spot price for benchmark 62% fines gained 8.78%, the third largest surge since iron ore pricing first began in May 2009.

April 21, 2016

Security threats unable to take shine off Mali gold

Mali upgraded in March its estimated reserves by a third to around 800 tonnes, which should ensure continued production for at least the next 15 years.[

April 20, 2016

Uranium market is getting crushed

Uranium price falls to lowest since May 2005 as bearishness overwhelms the sector.

April 20, 2016

Sibanye to invest $250 million in its gold mines, keeps shopping for new assets

Sibanye is not exclusively looking at buying gold assets; it is also considering platinum, coal, uranium and base metals mines.

April 20, 2016

Silver plays catch up with gold — hits 11-month high

Increasing interest from hedge funds and Chinese buyers are driven the metal to its biggest monthly rise since January 2015.

April 20, 2016

Shirley Temple’s fancy blue diamond ring fails to sell

The stone, still in its original Art Deco setting, was expected to fetch up to $35 million.

April 20, 2016

BHP Billiton cuts iron ore target by 10M tonnes

This would be the first time BHP reports a annual drop in iron ore output since it completed its merger with Billiton in 2001.