The world’s southernmost mines

BHP Billiton sold Tuesday A$1 billion ($1.02 billion) of bonds in its first offering of debt in the Aussie market in more than a decade, as the company announces cutbacks at its iron ore mines.

The University of Johannesburg has successful obtained a patent for a new device which is capable of identifying rocks that contain diamonds.

BHP Billiton (ASX:BHP) has announced retrenchments for its iron ore operations due to tepid prices and rising costs.

De Beers says the sub-continent has become the storied diamond firm's fastest-growing market as affluent Indians eschew gold in favor of precious gems.

Illegal gold mining by Chinese nationals using heavy machinery has fueled resentment and hostility amongst local communities in Ghana.

The International Monetary Fund's 2013 growth forecast for Australia has been moderately reduced due to the country's significant exposure to international commodities markets.

Veteran finance expert Richard Russell claims China has plans to obtain leadership of the global economy by fortifying its official currency with precious metal backing.

Shares in Aquarius Platinum have plunged in the wake of the sudden departure of its CEO Stuart Murray.

China has unveiled ambitious plans for the conversion of coal extracted in remote mining regions into gas for usage in urban areas.