MINING.COM

Miners frozen out as South Africa readies empowerment rules

Mining companies in South Africa have been frozen out of consultation over regulatory changes that could dilute shareholders, raise costs and impose new levies to fund community development.

Bloomberg News | May 31, 2017 | 1:36 pm

Gemfields steps up fight against takeover by largest investor

Company called Pallinghurst Resources' bid “derisory”, adding it "clearly undervalues" the firm.

Cecilia Jamasmie | May 31, 2017 | 9:06 am

Iron ore plunge hurting miners — down to fresh 7-month low

Steelmaking material dropped to $57.02 a tonne, marking a fresh seven-month low, as large stockpiles continue to weigh on the market.

Cecilia Jamasmie | May 31, 2017 | 7:52 am

SLIDESHOW: The iron ore price wars 2002–2017

Iron ore's transformation from a relic of the industrial age to the driving force behind a commodity supercycle that reshaped the global economy.

Frik Els | May 30, 2017 | 5:39 pm

Diamcor just found this rare green diamond at S. Africa project

The rock, a 5.36-carat green gem quality octahedron rough diamond, was unearthed at the company's Krone-Endora project, located next to the world’s third largest diamond mine.

Cecilia Jamasmie | May 30, 2017 | 6:58 am

Hostages kidnapped from DRC gold mine released

A kidnapping incident at one of Banro's gold mines in the Democratic Republic of the Congo (DRC) has been resolved.

Andrew Topf | May 28, 2017 | 2:57 pm

From Yukon to Patagonia, gold explorers stir after sleep

Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

Bloomberg News | May 26, 2017 | 3:11 pm

World’s largest gold miner hit by Tanzania export ban

Barrick's comments come on the heels of a report published this week, which claims its Tanzanian subsidiary has been under-reporting the amount of metal in its shipments to evade taxes.

Cecilia Jamasmie | May 26, 2017 | 6:10 am

Iron ore crashes again to below $58 a tonne

Ore with 62% content in Qingdao lost $2.33 a tonne to close at $57.91, data from the Metal Bulletin shows, hitting a seven-month low and marking the commodity third consecutive weekly fall.

Cecilia Jamasmie | May 26, 2017 | 3:38 am

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Rhodium price rockets to all-time high

De Beers cuts prices for smaller diamonds

Zimbabwe’s largest platinum project clears key hurdle

Gold miners insist they won’t splurge despite price surge

Kinross CEO sees ‘very low’ risk of unrest spreading to Mauritania

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