De Beers posts heavily lower diamond sales in first tender of...
DIAMOND sales by De Beers in its first sales cycle of 2019 was heavily down on the same month in the previous financial year,...
Lucara says 240 carat recovery at Karowe demonstrates consistency of orebody
LUCARA Diamond Corporation said it had recovered a 240 carat top white gem from its Karowe mine in Botswana, taking to 54 the number...
SA could be left behind as Namibia, Angola & Zimbabwe modernise...
NAMIBIA, Angola and Zimbabwe have changed their mining legislation recently in an effort to attract and incentivise new investments in the sector.
These changes are...
Wescoal slides 11% after shock resignation of CEO, Waheed Sulaiman
SHARES in Wescoal Holdings slid 11% by close of trade in Johannesburg on January 28 after it announced the resignation of Waheed Sulaiman, the...
Brumadinho dam disaster may harm risk appetite for mining industry globally
THE Brumadinho dam disaster, Brazil's second in four years, would harm risk appetite in the world's mining sector and further tarnish its image, said Reuters.
Brazilian...
Petra shares under pressure as Cullinan lean spell leads to $25m...
THE lean spell in diamond recoveries that Petra Diamond's Cullinan mine is suffering continued in the first half of its 2019 financial year which...
Fears of unprecedented $8bn DoJ fine behind Glencore’s toiling share price
AMONG the most perplexing of share price performances of 2018 must be that of Glencore. The stock fell 16.8% during the 12 months and...
Indian iron ore production set to top 201Mt as independent miners...
IRON ore production from India is forecast to reach a nine-year high as independent miners extract more of the steel-making material before the expiry of...
Pan African’s Elikhulu starts to make meaningful contribution after Evander closure
PAN African Resources posted a 54% increase in interim gold production to just over 81,000 ounces owing to the contribution of its new R1.7bn...
SSC’s Arendse alleges Barbrook, Lily mines of Vantage Goldfields ‘captured’ by...
A DISPUTE between Siyakhula Sonke Empowerment Corporation (SSC), a black-owned company that wants to buy the gold mining assets of Vantage Goldfields out of business...