Another death at one of Sibanye-Stillwater gold mines
A worker died on Monday night while clearing a blocked ore pass at the company’s Driefontein gold operation in South Africa.
Cecilia Jamasmie , Editor-in-Chief
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Soaring cobalt prices force Samsung SDI to mine metal from old phones
The firm is also trying to halve use of cobalt in batteries from around 20% by raising the proportion of nickel, and it will start researching on development of nearly cobalt-free batteries.
Embattled Acacia Mining ends painful year with $700-million loss
The miner has also scrapped its 2017 dividend after full-year core earnings fell by more than a third because of a ban on unprocessed mineral exports in Tanzania.
Suncor Energy hikes stake in Syncrude in $730 million deal
Canada's largest energy producer also buys into Norwegian Sea oil project.
Embattled Avocet completes sale of Burkina Faso assets
The three-times delayed $5 million-deal should help the miner dodge bankruptcy for its units in the West African country.
Cameco’s profit beat estimates on improved uranium prices, cost-cutting drive
Canada’s top uranium producer is seeing the first improvements brought by higher prices and drastic cost-cutting measures, including the recent haly of its flagship McArthur River mine in northern Saskatchewan.
De Beers’ Namibia venture puts mine up for sale, at least 130 jobs to go
Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put its Elizabeth Bay Mine up for sale.
Vedanta hit by iron ore mining halt in Goa
Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.
Ivanhoe boss said he’d pay higher taxes in Congo if it benefits locals
Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting of those royalties.
Sotheby’s expects over $33 million for world’s largest, rarest, flawless round diamond
The 102.34-carat white diamond is thought to be worth considerably more than previous auction records for similar pieces.
Zanaga Iron lines up $25M in deal with Red Arc
Binding term sheet offers staged funding, a path to majority control of the Zanaga project in DRC, and a 1% royalty.
