MINING.COM

Mozambique ports struggling to handle load

A lack of cranes, tractors, tugs and other port equipment is affecting the productivity and efficiency of the ports of Beira and Nacala in Mozambique, which can handle only 35% of their export loads.

MiningReview.com | July 4, 2012 | 3:33 pm

Namakwa Diamonds poised for next stage with new CEO and Kao mine progressing

The successful restructure of Namakwa Diamonds’ operations in Lesotho has turned the company's operations cash-flow positive, reduced costs and positioned the company for the next stage of development, said CEO Richard Collocott.

MINING.com Editor | July 3, 2012 | 3:44 pm

Anglo American expects earnings to decrease by 20%

The world's largest producer of platinum, Anglo American (LON:AAL), says it will be reporting a 20% earnings decline when it reports its next six-month period.

Michael Allan McCrae | July 2, 2012 | 5:39 pm

Five people dead after fire breaks out in Gold Fields’ mine

Gold Fields (NYSE:GFI) said it is shutting down KDC West mine after an accident claimed five employees' lives.

Michael Allan McCrae | July 1, 2012 | 6:13 pm

Chalice Gold shareholders approve Eritrea sale

Chalice stock jumped 7.3% on the ASX in Sydney on the news.

MINING.com Editor | June 29, 2012 | 4:16 pm

‘King of diamonds’ Leviev wins court dispute over Angolan assets

Billionaire Arkady Gaydamak has lost a court bid to reclaim hundred of millions unpaid commissions and dividends from "king of diamonds" in a battle over Angolan assets.

Cecilia Jamasmie | June 29, 2012 | 12:51 pm

Gold and bauxite boost Ghana GDP growth to 8.7%

According to the Ghana Statistical Service, the total value of goods and services produced in Ghana grew by 8.7% in the first quarter of 2012, relative to that of 2011.

Adom 106.3 FM | June 29, 2012 | 12:41 pm

China Gold International picks up a Zambian miner for $20.4 million

China Gold International Resources is acquiring China Nonferrous Mining Corporation Limited for HK$155.1 million.

Marketwire - Mining and Metals | June 28, 2012 | 12:30 am

Chinese diamond mogul funding Mugabe’s military: report

A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's political opposition.

Cecilia Jamasmie | June 26, 2012 | 2:46 pm

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