Poland makes biggest gold purchase since 1998 as prices slump

The mines account for over half of the company's workforce but only a quarter of production.

The world's No.1 diamond company by output also said its diamond production dipped in the first half of 2014 by 7%, standing at 15.9 million carats.

Las Bambas will be one of the world’s largest copper mines after it starts up in 2015, with annual output equivalent to more than twice the amount of copper MMG currently produces.

Rio Tinto are seeking Expressions of Interest (EOI) for a 3200 tph Voest-Alpine iron ore stacker located in Western Australia.

Event increases global tensions and demand for safe-haven metal.

West Rand Tailings Retreatment Project (WRTRP) involves construction of a large-scale Central Processing Plant (CPP) for the recovery of gold uranium and sulphur from the Sibanye tailings deposits and current arisings

CEO Murilo Ferreira thinks the ore may get close to 2011’s peak of $168 a ton.

Exxaro, Harmony, Anglo, Diesel Power and SA Taxi will take a variety of assets to auction during late July. The assets will be sold via a leading online mining auctioneering platform.

The country, one of the largest per capita greenhouse gas emitters, no longer has a carbon tax.