Newcrest Mining cleared to trade on TSX from Oct 13

Strike could begin as early as Friday, but will likely be postponed for a five-day government mediation to attempt a resolution.

The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.

Newcrest's gold production dropped to 614,715 ounces in the quarter ended in December, from 615,498 ounces in the three months immediately prior and 620,691 ounces a year ago.

Only Africa and Oceania bucking the trend says new study.

The Africa-focused diamond miner said it expects to resume trading before the open on Tuesday next week.

The miner reported broadly higher output in the fourth quarter across all divisions, except for copper, which suffered from lower grades and strikes.

But the world's number one miner cuts full-year copper production guidance.

The world’s second-largest miner has agreed to sell its Coal & Allied Industries Ltd. subsidiary to Yancoal Australia Ltd., controlled by China's Yanzhou Coal Mining.

Western Australia is poised to sign an agreement with a wealthy New Zealand family whose multi-pronged business empire includes a large, undeveloped iron ore deposit.