MINING.COM

Lucara Diamond lowers output target for the year, but pays divvy

The Canadian diamond miner now expects to produce between 265,000 carats and 285,000 carats, compared with the previously targeted 290,000-310,000 carats.

Cecilia Jamasmie | August 4, 2017 | 3:15 am

Sibanye Gold planning job cuts in S.Africa mines revamp

South Africa's Sibanye Gold will restructure operations in its domestic market, a move that could affect 7,400 of its employees, the gold and platinum miner said on Thursday.

Reuters | August 3, 2017 | 10:45 am

Randgold reports 53 pct rise in H1 profit, cash pile mounts

African gold miner Randgold on Thursday reported a 53 percent rise in half-year profit and a mounting cash pile, and said it was well on the way to developing projects that will position it for an eventual increase in demand.

Reuters | August 3, 2017 | 10:20 am

South Africa’s Gold Fields sells Darlot mine in Australia for $15 million

The buyer, Perth-based Red 5, is also acquiring Saracen Mineral Holdings' King of the Hills mine.

Cecilia Jamasmie | August 3, 2017 | 9:25 am

Zimplats says Zimbabwe asks court to enforce mining land seizure

Zimbabwe has filed a court application to enforce a previous notice to seize more than half of platinum producer Zimplats' mining land, the company said on Wednesday.

Reuters | August 2, 2017 | 1:40 pm

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

Cecilia Jamasmie | August 2, 2017 | 3:08 am

Barrick Gold, Tanzania begin talks to resolve Acacia Mining dispute

The world’s largest gold miner hopes to reach an agreement over claims against its subsidiary and the country’s current ban on mineral concentrate exports.

Cecilia Jamasmie | July 31, 2017 | 7:07 am