MINING.COM

SEC charges Rio Tinto, former top executives with fraud

Lawsuit against ex-CEO Tom Albanese, CFO Guy Elliott centers on $3.7 billion acquisition of Mozambique coal assets in 2011 later sold for just $50m.

Reuters | October 17, 2017 | 3:59 pm

Proceeds from massive diamond found by pastor to go to Sierra Leone’s poorest

Over 50% of the proceeds will be used to fund clean water, electricity, school, medical facilities, bridges and roads, none of which are currently available in the village of Koryardu, where the diamond was found.

Cecilia Jamasmie | October 17, 2017 | 11:16 am

Sibanye scraps planned closure of loss-making South African mines

Precious metals miner said its platinum group metals (PGM) operations had delivered "solid operational results" in the first-half of 2017, prompting an upward revision to its 2017 production forecast and a downward revision to guided costs.

Cecilia Jamasmie | October 16, 2017 | 6:32 am

Implats buys stake in South Africa platinum project with option to take control

Company will pay $30 million for a 15 percent interest in a platinum project in the northern Waterberg region and had an option to acquire a majority stake in the development.

Reuters | October 16, 2017 | 3:06 am

Stellar Diamonds soars on $1.25 million-sale of Guinea assets

Deal allows the Stellar to focus on its bigger Tongo-Tonguma project in Sierra Leone, which would be the country's second largest diamond mine ever.

Cecilia Jamasmie | October 16, 2017 | 2:52 am

B2Gold up on higher-than-expected production

Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000 and 570,000 ounces of gold.

Cecilia Jamasmie | October 13, 2017 | 4:35 am