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Zimbabwe’s largest platinum mine loses half its production for 15 months due to major ground instability problems.
The deal follows a meeting between Mali’s president Ibrahim Boubacar Keita and a visiting Qatari investment delegation last month.
India’s gold demand remains robust alongside China, it is against this that COMEX, non-physical, shorting of gold is battling, says Julian Phillips.
South Africa’s Royal Bafokeng Platinum has concluded a five-year wage deal with union NUM.
Iron ore production at its Marampa mine climbed 21% in the second quarter.
Firestone Diamonds plans to sell gems from its Lesotho mine in Antwerp, as it battles rivals in the Middle East and Asia.
Mines minister Ngoako Ramatlhodi says companies should maintain 26% black ownership of their assets or risk losing their operating licenses.
One of the world’s premier mining events has changed hands as Euromoney take on the annual Mining Indaba.
Gold held by individuals is fast becoming a new instrument of raising finance.
The company says its first-half earnings will fall by as much as 96% after a 5-month strike crippled its operations.
Banro bonds are suggesting the miner risks default after saying ore-processing forecasts may not reach projections in the DRC.
Iron ore prices plummeted to their lowest levels since 2012 last month.
Mawson West’s high-grade Dikulushi copper mine transitions from pit to u/g, and the company targets a return to previous production levels - and beyond.
PGM output sank the most on record in May after a strike halted production at the world’s 3 biggest producers.
Dian-Dian is the world's largest bauxite deposit with reserves of 564 million tonnes.
This is an increase of around 30% from 2014 estimates, due to the start-ups of two new mines.
Sibanye Gold CEO, Neal Froneman, earned the nickname by transforming unwanted, underachieving gold assets into best performers.
The technical picture for gold continues to be positive alongside its global fundamentals, says Julian Phillips.
Centamin reported a 13% drop in second-quarter output, even as it continues to ramp-up the expansion of its Sukari mine.
The latest drilling results on Amara Mining’s Yaoure gold project look to enhance one of Africa’s most promising gold exploration targets.
The miner will probably appeal an Australian court’s finding that the award of some mining areas to its St. Ives unit is invalid.
Some 2,000 workers at the Marula mine in South Africa were on a wildcat strike in search of better wages.
A bishop and a corporate lawyer engineered a deal at a secret meeting after the mines minister pulled out of the wage talks.
Progress in Acid Mine Drainage treatment and the pumping of mine water in Johannesburg has helped enable Central Rand Gold to more than double its gold resource base.
Christine Ramon is one of the most high-profile female executives in South Africa and will start on October 1.
Around 2,000 workers affiliated with union NUM downed tools at the Marula mine on Friday, demanding higher wages.
Security forces fired shots in the air to break up a protest at the company’s iron ore plant northeast of Monrovia on Friday.
The figure does not include new mining projects such as five licensed projects that are under construction.
'We have been through the front doors of just about all the significant platinum companies,' Neal Froneman, Sibanye CEO, says.
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