Anglo OKs $1.7bn Queensland coal project
Anglo American says its board has approved the $1.7bn Grosvenor metallurgical coal project in Queensland, Australia.
Global Witness exits ‘blood diamond’ scheme
Campaign group Global Witness has pulled out of the Kimberley Process, calling the scheme outdated and a failure, almost nine years after its launch.
Diamond demand to outpace supply to 2020
Chinese and Indian appetite for diamonds will fuel demand growth of more than 6% a year over the next decade, far outpacing supply increases, says Bain & Company.
Clashes erupt in Congo ahead of vote results
Clashes have erupted between protesters and security forces in parts of Democratic Republic of Congo as diplomats scrambled to defuse tensions ahead of the country's full election results.
Lonmin to raise workers’ pay by up to 10%
Lonmin says employees will receive pay rises and benefit improvements of up to 10%, depending on job grades, as part of a two-year wage agreement with NUM.
Gold backers seek higher dividends: JP Morgan
Most gold investors are looking for better dividends to be paid from available free cash flow, says JP Morgan Cazenove.
Platmin to delist until better days return
Platmin, a platinum group metals developer and explorer operating in South Africa, is to delist from Toronto and Johannesburg saying its share was under-valued and poorly traded.
Sierra Leone shields coveted forest from mining
Sierra Leone has conferred protected national park status on a remote tract of forest that has attracted attention for its iron ore mining potential.
Optimum directors bag R221m in share sale
Xmas came early for directors at Optimum Coal Holdings who made a killing selling shares, presumably to Glencore International.
Ghana tax hikes ‘deep concern’: Gold Fields
Gold Fields CEO Nick Holland says he is concerned about Ghana's move to increase corporate taxes on the mining sector to 35% from 25%.