MINING.COM

Anglo takes down South Africa sale sign and may even buy

Anglo raised the possibility it could start buying assets in SA, the latest sign of how much has changed in two years, when the miner was focused on selling.

Bloomberg News | February 5, 2018 | 11:52 am

Pile-of-cash dilemma for mining industry once crippled by slump

With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.

Bloomberg News | February 5, 2018 | 6:00 am

Lulo diamonds sell for A$11.4 million

The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an average price per carat of US$2,192.

Lucapa Diamond Company Limited | February 2, 2018 | 1:27 pm

Argyle pink diamond coin unveiled in Berlin

Rio Tinto and The Perth Mint are delighted to unveil the first pavé set Argyle pink diamond gold coin.

Rio Tinto | February 2, 2018 | 12:35 pm

Commodity boom has a dark side as cost creep erodes windfall

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.

Bloomberg News | February 2, 2018 | 7:00 am

Gem Diamonds shares up on better sales, prices and string of 100-carat plus rocks

The company, which last month found the world’s fifth-biggest diamond in history at its flagship Letšeng mine in Lesotho, sold 21% more rocks in last quarter of 2017.

Cecilia Jamasmie | February 2, 2018 | 6:41 am