Mining M&A falls to 10-year low
Merger and acquisition activity in the mining sector fell to its lowest level in 10 years last year as the entry of private sector money into the sector was slow.
Strike at AngloGold’s Mali mines delayed
A strike at the Mali mines of AngloGold Ashanti over improved lay-off terms has been delayed while workers look towards more negotiations.
Loudon questions diamond market recovery
Paul Loudon, CEO of DiamondCorp, said the firm would remain flexible on maiden sales of some 7,449 carats recovered so far from its Lace operation.
SA mining sector in trouble, says Patel
South Africa's minnig sector was "in trouble" amid job losses and lower commodity prices, said economic development minister, Ebrahim Patel.
IamGold emerges as AngloGold’s credible buyer
IamGold said it was bidding for the Yatela and Sadiola gold mines in Mali that AngloGold Ashanti said it wanted to sell.
Gold production peaked in Q4
The outlook for the gold price will be boosted by the likelihood that production from new sources had peaked last year.
Iron ore heading back to $50/t
Iron ore is tipped to retrace recent gains and return to $50/t by the end of September owing to ever increasing supplies.
Conde appoints mining exec. as prime minister
Guinea's president Alpha Conde on Saturday appointed mining executive Mamady Youla as the country’s prime minister.
Zambia unions want Govt to run Glencore mine
Glencore is facing union opposition to its plan to cut jobs at its Zambian copper operation.
Iron ore continues losing streak
A supply glut from Australia and Brazil has sent the price of iron ore lower for the sixth consecutive month, the longest losing streak on record.