Giving up on iron ore best option for Anglo American — Investec
The bank says Anglo could use the funds it gets for dividends and to invest in its much stronger sectors, copper and diamonds.
Cecilia Jamasmie , Editor-in-Chief
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Protester shot dead in third day of unrest at S. Africa’s mine
The incident happened when South African police allegedly clashed with protesters near Atlatsa Resources’s Bokoni platinum mine.
De Beers paid only $226 in royalties for its Ontario mine last year— report
The thrifty amount compares to the almost $3.9 billion the government of Ontario received from the salt sector in the same period.
Patriot Coal files for bankruptcy, in talks to sell all assets
The US coal miner listed assets and liabilities of more than $1 billion each in court filings.
Glencore CEO says rivals pushing mining sector into confidence crisis
Ivan Glasenberg has once again slammed his competitors, who he accuses of damaging the credibility of the mining industry.
This is how BHP plans to be the world’s lowest-cost iron ore miner
CEO Andrew Mackenzie announced the firm would cut capital and exploration expenditure to $9 billion in the 2016 financial year from $12.6 billion in 2015.
Major blow to illegal mining in Colombia’s Amazon: 59 arrested
The country's armed forces raided 63 illegal mines operated by leftist guerrillas, blowing up machinery and arresting dozens.
World Bank grants Tanzania $45 million to improve mining sector
Africa's No.4 gold producer is also rich in coal, uranium, diamonds, emeralds, rubies and sapphires.
AngloGold Ashanti back to black
The miner, which is the world’s No.4 bullion producer, said unreasonable wage demands and escalating power costs in South Africa will likely push the country’s industry down the slippery slope.
McEwen to meet 2015 guidance despite massive gold theft in Mexico
The El Gallo mine produced 15,243 ounces of gold in the first quarter ended March 31, prior to an armed robbery of concentrate containing 6,350 ounces last month.
Delays hit Gemfields ruby plant as Zambia mine reboots
Commissioning of a second processing plant at the Montepuez ruby mine has been postponed to September due to logistical setbacks.