UK urges Zimbabwe to comply with Kimberley
British officials have urged Zimbabwe to comply with global diamond trade regulations and say most of the finest stones are being smuggled out of its rich Marange fields.
Miners urged to account for all employee fatalities before paying executive...
THE mining industry is being urged to account for deaths of employees in environments where companies do not have direct management control, such as...
Acacia exploring “expressions of interest from Chinese”
ACACIA Mining, the gold firm in which Barrick Gold has a 64.9% stake, on Friday confirmed media speculation it was considering a sale of...
De Beers sounds bullish note on jewellery sales
Diamond jewellery sales reached a new high in 2014 and the outlook for further growth in 2015 was promising, said De Beers.
Barrick nearing agreement for payment of $500m in joint venture monies...
BARRICK Gold expected to be paid $500m in joint venture revenue from the Democratic Republic of Congo (DRC) "very soon", according to Reuters which...
Mali politics headed in “the right direction”, says B2Gold CEO, Clive...
THE political situation in Mali was "headed in the right direction", said Reuters which cited the comments of B2Gold CEO, Clive Johnson.
"The new military...
Wescoal consortium to extend stake in company to 85% in offer...
THE controlling shareholder in Wescoal Holdings, the eight million tons a year thermal coal miner, is to extend its stake to about 85% of the...
Lucara Diamond Q1 costs exceed guidance as pressure builds
LUCARA Diamond Corporation, a Toronto-listed company operating in Botswana, kept the dividend steady at 2.5 Canadian cents per share amid a shakier operating performance...
Court deals fatal blow to expropriation claims
The state’s right to award mining licences was not expropriation, said the
Supreme Court of Appeal, upholding the legal basis on which the 2004 MPRDA
is written.
AngloGold, liquidators square off
Battle lines are drawn between AngloGold Ashanti and the liquidators of Pamodzi Gold, with fresh allegations surfacing that promise to make this a drawn out and messy affair.