June 26, 2015

Paragon Diamonds sees at least $160m in revenue from Lesotho mines

The miner, which does not yet generates any income, expects to kick-off production at its Lemphane and Mothae mines later this year.

June 26, 2015

Alberta’s new emissions levy costly — Canadian energy industry

By 2017, large emitters will have to reduce the intensity of greenhouse gases by 20%, while carbon levies will double from $15 a tonne to $30 a tonne.

June 26, 2015

Rio Tinto sells Murowa diamond mine and leaves Zimbabwe

The company, however, said it remained committed to the diamond industry.

June 25, 2015

Takeover approach shakes up potash market

Potashcorp shares jump after making unsolicited bid for Europe's largest potash producer amid fundamental shifts in the industry.

June 25, 2015

South African commission finds police to blame in Marikana deaths

The commission into the deaths at Lonmin's Marikana platinum mine in August 2012 concluded the plan to quell the massive protest was “defective,” and shouldn't have been executed as such.

June 25, 2015

China readies to launch yuan gold fix before year-end

While details remain unknown, it is believed the fix would be launched via the Shanghai Gold Exchange, the world's biggest physical bullion exchange.

June 25, 2015

Rick Rule and Porter Stansberry’s guide to protecting your portfolio from the ravages of the currency wars

Russia, China and the U.S. are in a battle for currency dominance and natural resource stocks have been buffeted as a result.

June 25, 2015

Adani confirms work halted at controversial coal project by the Great Barrier Reef

But the Indian company said it remains committed to the US$12bn Carmichael project in Queensland, Australia.

June 25, 2015

BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

The cuts at the Adelaide support office for the Olympic Dam operations come about six months after BHP scrapped about 90 permanent positions and 210 contractor jobs.

June 24, 2015

Gold slips to 2-week low as buyers await news on Greece

Gold edged lower on Wednesday as the dollar pared earlier losses versus the euro, while traders took to the sidelines to await news on Greece's negotiations with its international lenders…