Diamond prices to rise in 2015: Mellier
Diamond prices had potential to increase in 2015 as demand was generally in good shape, said De Beers CEO, Philippe Mellier.
Gold industry underwater: Holland
The global gold industry was operating at a loss including payments for debt, said Nick Holland, CEO of Gold Fields.
De Beers to sell Kimberley tailings
De Beers is to sell its Kimberley tailings operations up for sale in the hope that in new hands the life of the operation will be extended to 2030.
South African coal miners reject pay offer
South African unions representing coal miners rejected a 4% to 6.5% pay offer raising the prospect of a prolonged strike in the struggling sector.
Blackthorn’s Perkoa due to ship first ore
First zinc ore from the Perkoa project, owned by Australia's Blackthorn Resources in joint venture with Glencore, was due to leave the port in Cote d'ivoire by year-end.
MPRDA changes may raise mining costs
Amendments to the Minerals & Petroleum Resources Development Act raised the prospect of higher regulatory costs for mining companies in South Africa.
Mining is ours so part with 51%: Chinamasa
Patrick Chinamasa, finance minister of Zimbabwe, said the country will clarify its indigenisation laws but warned mining investors that 51% local ownership stood.
X2 Resources completes capital raising at $5.6bn
X2 Resources said it had raised $5.6bn in private capital and added that it was assessing a number of opportunities, but was under no pressure to deal as yet.
CoM says South Africa “making progress’
South Africa was a stable economy and it had made significant progress in the last 20 years, said Roger Baxter, COO of the Chamber of Mines.
Amplats takes debt collectors to court
Anglo American Platinum is challenging a law firm and an administration company involved in debt collection that could change the way debt collection is managed.