The European Bank for Reconstruction and Development will acquire a 6.16 percent stake in the Canadian company for 1.4 million Canadian dollars ($1.1 million) to further its exploration in Mongolia.

KPMG cleared out its South African leadership last Friday after it found that work it did for firms owned by the Gupta family, businessmen friends of President Jacob Zuma, "fell considerably short" of its standards.

Brazil-based mining company Votorantim Metais Holding SA filed on Thursday for an initial public offering in New York and Toronto, to tap into a wide base of investors betting on a long-term recovery in zinc, copper, lead and silver prices.

As always when prices start to decline after a surge that appeared unrelated to supply-demand fundamentals, the question is will the reverse become a rout and where exactly does fair value lie?

The National Union of Mineworkers said on Thursday its members would go on an indefinite strike at the mine over wages, benefits.

Company is doubling down on efforts to find early-stage mining projects to acquire and is open to deposits that depart from its focus on silver and gold.

President John Magufuli also directed the central bank to buy the precious stone to boost reserves — the latest twist in a spat with mining firms over alleged tax evasion.

The operation would be second biggest diamond mine in Sierra Leone.

Angola LNG said the deal was another step toward building its sales book with the most important players in the LNG market.

Mining reforms in Brazil are raising the cost of operating without generating increased interest in investing in the sector, an executive for world's largest iron ore producer Vale said on Monday.

New controls aims at holding the company's partners, including Glencore, China Molybdenum and Ivanhoe, accountable in copper and cobalt projects

The company is also interested in investing in the electricity sector itself or through a joint venture.