MINING.COM

Done deal? Amplats said to have sold platinum mines to Sibanye for $100M

The companies are expected to make an official announcement on Wednesday.

Cecilia Jamasmie | September 8, 2015 | 9:30 am

Lucara Diamond to host second stone tender in November

Since the recovery of the first large diamond from the Karowe mine in 2013, Lucara has found 216 gems, which it has sold for more than $250,000 each.

Cecilia Jamasmie | September 8, 2015 | 7:33 am

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 increased platinum recycling.

Cecilia Jamasmie | September 8, 2015 | 4:45 am

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.

Cecilia Jamasmie | September 7, 2015 | 3:49 am

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.

Cecilia Jamasmie | September 4, 2015 | 11:00 am

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.

Cecilia Jamasmie | September 4, 2015 | 9:00 am

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.

Cecilia Jamasmie | September 4, 2015 | 4:24 am

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.

Frik Els | September 3, 2015 | 2:11 pm

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.

Cecilia Jamasmie | September 3, 2015 | 9:33 am

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