MINING.COM

Iron ore prices hit six-day highs, but rally won’t last say experts

Analysts from Goldman Sachs, Citi and ANZ predict prices will drop again below $50 a tonne.

Cecilia Jamasmie | June 24, 2015 | 10:01 am

South African gold sector to table wage offer next week

The companies, which bargain collectively under the country’s Chamber of Mines, are already battling low metal prices and mounting electricity costs amid power outages.

Cecilia Jamasmie | June 24, 2015 | 10:00 am

Zambia to slash royalties, reinstate mining tax

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

Cecilia Jamasmie | June 24, 2015 | 7:05 am

Amplats axing over 400 jobs in South Africa

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

Cecilia Jamasmie | June 23, 2015 | 9:45 am

Firestone Diamonds delays Lesotho mine launch

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

Cecilia Jamasmie | June 23, 2015 | 3:00 am

US regulator drops probe on Gold Fields’ South Deep BEE deal

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.

Cecilia Jamasmie | June 22, 2015 | 6:25 am

Platinum, palladium prices pounded again

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

Frik Els | June 17, 2015 | 11:53 am

INFOGRAPHIC: Every Chinese overseas investment over $100m visualized

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.

Visual Capitalist | June 17, 2015 | 9:04 am

Congo mulls suspending Ivanhoe’s Kamoa stake sale to Zijin

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.

Cecilia Jamasmie | June 17, 2015 | 3:08 am

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B2Gold implements precautionary measures at mine sites

Eskom talks to get coal for Kusile plant drag on for 13 years

Buffalo not halting operations in South Africa

Global copper production to grow 3% annually until 2029

South African mine hospitals may be used for virus patients

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