South African mining braces for coronavirus lockdown

Australia has about 40% of the world's uranium reserves and exports nearly 7,000 tonnes of yellow cake annually.

The history of the diamond industry in Africa has been fraught with worker exploitation, environmental destruction, government corruption and squandering of revenues.

World's number three producer owns the 300,000 ounce per year Siguiri mine in the west African country.

Canada's Lucara Diamond, the company that found the massive gem, said it will keep it as bids fell short of the minimum reserve price.

Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, seeks to strengthen its portfolio in North America.

CEO of Lucara Diamond, the company that found it, is urging the potential buyer to leave it untouched.

Moody's says AngloGold Ashanti, Gold Fields will start spewing cash as gold price rise and currency falls combine – for Anglogold it's an extra $20m a month.

Gold climbs the most in eight years, while copper and oil fall.

Beijing's already cut coal miners working hours by 16% and plans to eliminate 500 million tonnes of coal capacity within just 3–5 years.