IAMGOLD expects lower production, higher costs in 2019

The South African National Union of Mineworkers and two other unions signed Thursday a deal with industry body the Chamber of Mines (CoM), agreeing to a new pay structure for the strike-hit gold mining sector.

AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.

Africa-focused miner Ivanplats (TSX:IVP), founded by billionaire Robert Friedland, successfully closed Tuesday its $307-million initial public offering (IPO) on the Toronto stock exchange, issuing total equity of $504 million (Cdn$493).

The Diamond exploration company sees its future shining bright after discovering high concentrations of minerals that could imply the presence of rough diamonds.

Kazakh miner ENRC's chairman personally flew to the DRC to "clear-the-air" with controversial Israeli dealmaker Dan Gertler.

"There have been signals from the company that there will be change at the top – and soon."

Almost all the 15,000 Gold Fields Ltd. (NYSE, JSE:GFI) miners at risk of being fired for going on an illegal strike reported for duty, but striking workers at the company’s KDC East operations received a final ultimatum from the company Friday.

African exploration and development firm DiamondCorp PLC (LON:DCP) was full of good news on Friday, as it revealed it is raising $1.6 million from a share placing to help fund the expansion of its Lace mine in South Africa.

Vancouver-based Endeavour Mining (TSX:EDV, ASX:EVR) has closed the full acquisition of Toronto-based Avion Gold Corp. (TSX:AVR), in a deal originally valued at $389 million.