September 8, 2015

Done deal? Amplats said to have sold platinum mines to Sibanye for $100M

The companies are expected to make an official announcement on Wednesday.

September 8, 2015

Lucara Diamond to host second stone tender in November

Since the recovery of the first large diamond from the Karowe mine in 2013, Lucara has found 216 gems, which it has sold for more than $250,000 each.

September 8, 2015

INFOGRAPHIC: Most Assets Hurting, but one stock market has bucked the trend

Deutsche Bank recently provided a graphical snapshot that covers the returns of a wide span of assets both YTD and since the mid-August meltdown.

September 8, 2015

Judicial battlefront: Environmentalists look to the air to keep coal underground

Though the on-the-ground efforts of groups like the Sierra Club have played a major role in tripping up coal companies actively mining or seeking new areas to mine, environmentalists' air…

September 8, 2015

SA platinum cuts to hurt global output over next two years

Supply for the year, however, is expected to increase by 9% to 7.91 million ounces, owing to the recovery in the country’s output following strikes in 2014, as well as…

September 7, 2015

Campaign to save Australia’s coal sector heavily mocked in social media

The PR campaign praising the “endless possibilities” of coal in providing “light and jobs” has triggered a massive reaction among social media users.

September 7, 2015

Minera IRL halts gold operation in Peru as protesters take over site

Around 100 locals invaded the site over the weekend, occupying a number of installations, and forcing the company to suspend all operations.

September 7, 2015

Gold stays near two-week low on US jobs data, public holiday

The precious metal price remained rooted in a very narrow range as trading volumes were limited Monday, a public holiday in the US and Canada.

September 7, 2015

‘Nazi gold train’ allegedly found in Poland

Experts are warning the finding might be just an hoax.

September 7, 2015

Glencore fights back — to slash debt by $10bn, halt copper mines in Africa

Mounting pressure from investors has forced the firm to come up with a $10 billion package of debt-reduction measures.