September 8, 2015

SA platinum cuts to hurt global output over next two years

Supply for the year, however, is expected to increase by 9% to 7.91 million ounces, owing to the recovery in the country’s output following strikes in 2014, as well as…

September 7, 2015

Glencore fights back — to slash debt by $10bn, halt copper mines in Africa

Mounting pressure from investors has forced the firm to come up with a $10 billion package of debt-reduction measures.

September 4, 2015

Canada’s Nevsun denies claims of human rights abuses at Eritrea mine

The Vancouver-based miner has released an independent report that found no evidence of forced labour or human rights violations at its Eritrean gold and copper operation.

September 4, 2015

Glencore’s just had one of its worst weeks ever — shares down 22 pct

The company, already the worst performer in the FTSE 100 index in 2015, has lost almost 60% of its value since the beginning of the year.

September 4, 2015

Vedanta forces 133 of its Zambian workers to take paid leave

Konkola Copper Mines, owned by Vedanta, said the move was a result of poor metal prices, which has hit the global copper industry very hard.

September 3, 2015

Mining lawsuit of the century just got a lot uglier

Rio Tinto alleges Vale enlisted Ernst & Young "to cover up and sanitize its conspiracy with BSGR" to strip half of the Simandou iron ore deposit from Rio.

September 3, 2015

Sibanye confirms talks with Anglo over platinum mines for sale

This the first time in over 15 months that Sibanye officially confirms its interest in Amplats’ Rustenburg assets.

September 2, 2015

Sibanye Gold says workers end underground sit-in

More than 1 000 South African workers at a Sibanye Gold mine have ended a two-day sit-in to protest against the deaths of colleagues, a union and company officials said…

September 1, 2015

African Potash soars on second supply deal in a week

The company plans to create a vertically integrated operator to tap into a region that buys in an estimated 10 million tonnes of fertilizer a year.

August 31, 2015

How to buy an ethical diamond

The diamond industry is still tainted by conflict, but it's possible to buy a jewel that helps people—instead of hurting them.