Ex-Centerra Gold CEO remains arrested in Bulgaria as extradition hearing postponed
Bulgarian police arrested Len Homeniuk in July on an Interpol warrant over alleged corrupted deals in Kyrgyzstan.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Paragon Diamonds shines bright on better-than-expected results for Mothae
Shares in the Africa-focused diamond miner climbed almost 6% after it revealed the Mothae kimberlite project in Lesotho may be more profitable than previously assumed.
Crucial week for Dominion Diamond’s Ekati mine
The company hopes to begin mining from the Jay pit before Ekati's existing reserves run out in 2020, and so avoid laying off workers.
Zambia orders Vedanta unit to get rid of Chilean copper
The country’s environmental management authority found the copper concentrate imported from Chile had high levels of arsenic, a toxic substance.
US coal industry’s cost cuts not enough to offset weak prices
Average sales margins for coal miners have fallen by about half since 2011, forcing three of the U.S.'s largest publicly traded producers to file for bankruptcy protection this year.
Vietnam begins construction of region first potash mine
The mine, to produce 320,000 metric tons of potash salt per year, is expected to help reduce the country's reliance on imported fertilizers.
Anglo American completes sale of Chile copper mines
The announcement comes only days after Anglo announced a $330m deal to sell lossmaking South African platinum mines to Sibanye Gold.
Botswana may soon have its first uranium mine
As Australian firm A-Cap Resources has applied for a mining licence for its flagship Letlhakane project.
World’s largest diamond producer Debswana slashes output target
The company, a joint venture between Botswana and De Beers, said the measure follows a downturn in the global diamond market.
IEA predicts huge collapse in US oil output next year
The agency believes U.S. tight oil supply will sink by nearly 400,000 barrels a day in 2016.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
