MINING.COM

AngloGold halts Savuka operations after fatality

AngloGold, the number one gold miner on the continent, said "it was treating the death as an occupational accident pending an inspection scheduled for Monday."

Frik Els | July 28, 2012 | 7:04 pm

Platinum could outperform palladium: Deutche Bank

Deutsche Bank expects that platinum supply could see further cutbacks as economic/social pressures in South Africa mount and the price could be dragged higher by stronger gold prices over the remainder of 2012.

MINING.com Editor | July 28, 2012 | 6:48 pm

Anglo Platinum confirms large-scale lay-offs

South Africa's Anglo Platinum, the world's largest primary platinum producer, has confirmed the lay-off of 725 employees from its central services and support functions, provoking the ire of the mining's industry's national union.

Marc Howe | July 27, 2012 | 1:02 am

Barrick misses expectations and delays Pascua-Lama

Barrick Gold, the world's largest producer of the precious metal, reported higher-than-expected operating costs and a massive capital cost over-runs on Thursday in its first quarterly report since letting go CEO Aaron Regent in June.

Cecilia Jamasmie | July 26, 2012 | 12:42 pm

Harmony opts to starve illegal miners

The drastic step, as reported by Reuters, is to "cut supply lines to gangs of illegal miners used to staying deep in the mines for months on end, threatening lives and official production."

Joshua Zapf | July 25, 2012 | 6:16 pm

Botswana Diamonds recovers first gem at Libongo project‎ in Cameroon

Botswana Diamonds has recovered a 2-carat, low value, near gem quality stone, which confirms the diamondiferous potential of the deposit.

Cecilia Jamasmie | July 25, 2012 | 12:39 pm

Australia sees mass exodus of drillers to Africa

Australia's drilling industry is in the doldrums following a large-scale exodus of companies to Africa in pursuit of surveying projects.

Marc Howe | July 24, 2012 | 11:48 pm

Investors dig 16% hole in African Barrick after Tanzania costs jump 43%

The Tanzanian-focused miner blamed the cost of generating its own electricity – which it has to do "more and more" – for the increase in costs.

Frik Els | July 23, 2012 | 5:24 pm

South African platinum sector’s pains to persist with H1 reports

The release of financial statements by South Africa's key mining groups for the first half of 2012 is expected to reveal the full extent of difficulties in the platinum sector following heavy declines in share prices over the past year.

Marc Howe | July 23, 2012 | 4:46 am

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Barrick on Newmont merger: “No decision at this time”

Teranga completes initial resource on Golden Hill

AMCU plans to extend Sibanye gold strike to other South African miners

Newmont Mining profit beats on higher gold output, lower costs

Suspended cobalt sales, higher costs fuel Katanga’s Q4 loss

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