Lucara Diamond’s sales beat expectations in fresh sign of market improvement

The move puts an end to a nearly nine-month standoff that has hit output and profits in Africa’s second largest copper producer.

Anglo American’s platinum unit cited dark outlook for the sector as main reason for the cuts.

Adverse weather conditions and the need to shift more earth than previously anticipated have also added $13 million to overall costs.

The probe focused on a 2010 deal through which the company gave a 9% of its South Deep mine to a group of black investors in order to meet government’s regulations aimed to boost black ownership.

Palladium enters bear market and platinum hits fresh six-and-a-half year low on worries over Greek debt crisis.

Showing over 1,250 attempted transactions, this list includes both successful and failed attempts in order to visualize the ebb and flow of Chinese investments up until mid-2014.

It also plans to review the legal status of the joint venture, while it negotiates with Ivanhoe to raise its stake to 20% from the current 5% it holds.

Together these giant gold operations produce more than 10 million ounces per year.

PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.