Seven diamond miners form group to fight synthetics But some believe main challenge will be falling prices and wholesalers difficult access to credit to purchase rough diamonds. Cecilia Jamasmie | May 29, 2015 | 9:55 am
Harmony Gold to cut over 3,000 jobs, union asks Gov’t to intervene The company had warned it planned to restructure several of its mines, producing almost 25% of its gold, when it posted a third consecutive quarterly loss early May. Cecilia Jamasmie | May 29, 2015 | 7:40 am
India’s appetite for fertilizers beats expectations — Phosagro After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL. Cecilia Jamasmie | May 29, 2015 | 5:26 am
Glencore lines up $15.25bn to refinance existing loans A total of 60 banks committed to the financing, including 34 mandated lead arrangers and bookrunners. Cecilia Jamasmie | May 29, 2015 | 2:45 am
Life hasn’t come back to Canada’s mining sector just yet — report Mining equities didn’t fare very well in Ernst & Young's most recent Canadian Mining Eye report. Cecilia Jamasmie | May 28, 2015 | 9:55 am
Iron ore tycoon Gina Rinehart loses $3.8bn legal battle She lost control of the family trust, which holds almost 25% of iron ore miner Hancock Prospecting. Cecilia Jamasmie | May 28, 2015 | 8:20 am
Teck reacts to depressed coal prices by halting production at Canadian mines The company says each of its six mines will be shut down for three weeks in the third quarter. Cecilia Jamasmie | May 28, 2015 | 6:00 am
Wildfire spreads closer to Canada’s oil sands: hundreds evacuated As of Wednesday night, there were 63 fires burning in the area and 13 were considered to be out of control. Cecilia Jamasmie | May 28, 2015 | 3:17 am
Chile regulator seeks sanctions against Lundin’s Candelaria mine Inspections that took place between 2013 and 2014, revealed 16 infractions, nine of which were considered very serious. Cecilia Jamasmie | May 27, 2015 | 11:15 am
South Africa doesn’t have enough coal for power plants beyond 2016 Main power utility, Eskom, is struggling to meet demand in a country that depends on coal to generate 85% of its electricity. Cecilia Jamasmie | May 27, 2015 | 9:15 am