Zambia presses on with liquidating Vedanta unit assets despite ruling

The figure represents almost 40% of the world's physical gold trade last year.

What works well for gold may work for PGM, too.

Mining companies in Zambia use about 68% of the country’s electricity, while less than a quarter of the population has access to it.

Brazilian iron ore giant Vale has removed its six international employees and put its local workers on leave.

The now three-month strike over pay in the country's platinum belt has forced Amplats to declare a force majeure on a long list of suppliers.

The mining giant believes demand for coal to keep growing over the next 20 years, driven mainly by China and India.

The separate company would be listed on the London Stock Exchange, as well as the Australian and South African markets.

Toronto gold miner won't make final decision on expansion project before 2015.

Brazilian giant Vale acquired the interest in Simandou deposit in Guinea from BSGR for $2.5 billion in 2010, but stopped payments after the first $500 million was forked over.