Gemfields Mozambique’s ruby unit reports attack on workers

The country aims to have four mines in operation by 2018 producing gold, copper, zinc and potash.

Despite the loss and a 94% drop in earnings, analysts believe the company's modest debt of $116 million makes it well-positioned to act on opportunities.

The London Metal Exchange’s three-month copper contract fell as much as 1.4%, the most since Feb. 10, to $4,580 a metric ton.

The company remains upbeat and expects a better performance in the second half, driven by a recovery in diamond prices.

The world’s third-largest gold producer returned to profit in the fourth quarter, did not manage to avert posting a net loss for 2015.

Companies have been told to leave behind equipment and vacate their premises.

The spin-out from BHP Billiton says it is willing to take on the manganese ore venture if the price is right.

Ratings agency worries about exposure of much-diminished mining company to Africa; after restructure responsible for 54% of earnings.

The permit marks another key step in the process of moving towards development of the 1.45 million carat diamond resource in the West African country, said the company.