South African Harmony Gold (NYSE:HMY) said police is investigating a violent incident that left two of its workers another and injured at one of its mines as unrest continues in the industry.
DRC president Kabila will likely be violently removed from office should protests in major cities escalate and last longer than one week, according to a report from Exclusive Analysis, a UK-based political risk consultancy.
South African miner Gold Fields (NYSE, JSE:GFI) revealed its initial plan to develop a gold deposit into an open-pit mine in southern Peru isn't feasible.
Canadian diamond supplier Diamcor Mining Inc. (TSX-V.DMI) has secured an additional $4 million loan from its long-term strategic alliance partner Tiffany & Co., to expand the Krone-Endora diamond project in South Africa.
The official definition of conflict diamond, as outlined by the Kimberley Process (KP), isn’t likely to change at the next week’s industry plenary in Washington D.C., says the head of the certification scheme, Gillian Milovanovic.