De Beers sales rise 12% as diamond demand recovers

Investors are cautiously looking at the US Federal Reserve meeting next week, in which it's expected to announce a raise in rates.

Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.

Seabridge Gold, the company behind the massive KSM project in northern B.C., has identified a large, untested target at Iskut.

According to a new study, countries where miners are rapidly adopting technologies such as self-driving trucks will be increasingly at risk of reduced socioeconomic benefits from mining.

In the current climate of global economic and political stress, it is more important than ever for African governments to engage with their investors in a spirit of genuine partnership, Randgold Resources chief executive Mark Bristow said here today.

The potential sale of a 50% stake in Veladero mine could fetch Barrick more than $1 billion, sources familiar with the matter say.

Glencore has already restarted its Collinsville mine in Queensland and there are at least seven other coal operations set to resume production before year-end.

The company, which began exploring the area in March this year, said that specialists from its joint venture partner Alrosa are reanalyzing 80 tonnes of samples that were sent to South Africa.

Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.