September 16, 2015

Randgold, AngloGold Ashanti join forces to revamp Ghana mine

Under the agreement with AngloGold, Randgold will lead and fund a development plan to rebuild the Obuasi gold mine in Ghana.

September 16, 2015

Former Anglo CEO Cynthia Carroll is back, joins Vedanta’s unit board

Carroll, who led Anglo American from 2007 to 2013, will chair the company’s Vedanta Resources Holdings Ltd. unit and advise the group’s chairman.

September 16, 2015

Glencore to reduce debt after getting $2.5 billion in shares sale

The share sale is set to reduce the company’s net debt by a third to around $20 billion by the end of 2016.

September 15, 2015

Citigroup joins copper price bulls

Market back into deficit next year and through 2019 on supply cuts, disruptions, dirty concentrate and rising costs.

September 15, 2015

KGHM applies for environmental permit for proposed gold, copper mine in Canada

GHM estimates the project will employ about 500 people and contribute up to $550 million dollars in federal and provincial taxes, $210 million in British Columbia Mining Act tax, and…

September 15, 2015

Thomas Drolet warns of a coming Grand Canyon of uranium supply deficit and shares three ways to profit by it

A Grand Canyon of supply deficit is opening up in the uranium markets, with 66 nuclear reactors under construction globally and more restarting in Japan.

September 15, 2015

Ex-Centerra Gold CEO remains arrested in Bulgaria as extradition hearing postponed

Bulgarian police arrested Len Homeniuk in July on an Interpol warrant over alleged corrupted deals in Kyrgyzstan.

September 15, 2015

Paragon Diamonds shines bright on better-than-expected results for Mothae

Shares in the Africa-focused diamond miner climbed almost 6% after it revealed the Mothae kimberlite project in Lesotho may be more profitable than previously assumed.

September 14, 2015

Zambia orders Vedanta unit to get rid of Chilean copper

The country’s environmental management authority found the copper concentrate imported from Chile had high levels of arsenic, a toxic substance.

September 14, 2015

US coal industry’s cost cuts not enough to offset weak prices

Average sales margins for coal miners have fallen by about half since 2011, forcing three of the U.S.'s largest publicly traded producers to file for bankruptcy protection this year.