BHP optimistic on metals demand growth
BHP Billiton was bearish on commodity prices but optimistic demand for minerals would continue to grow owing to the rise of the Asian middle classes.
Miners to have subdued 2016: EY
The world's mining sector was heading into another year of subdued metals pricing, according to a study of 88 mining firms by auditing firm, EY.
Froneman is Mines & Money CEO of 2015
Sibanye Gold CEO, Neal Froneman, has been voted CEO of the year by Mines and Money, an annual UK conference and exhibition.
Inga 3 to start construction end-2016
Work on the long-delayed Inga 3 hydroelectric project may begin by the end of 2016, said the Congo's prime minister, Augustin Matata Ponyo.
Miners exempt from Zambia power hike
Mining firms would be exempt from a sharp increase in the electricity tariff in Zambia, the state owned power utility, Zesco said.
Mining sector heading for bankruptcies
Bankruptcies may be required to bring the world's mining industry back into balance, said analysts.
DiamondCorp to issue £4m shares in book-build
DiamondCorp would issue shares and received formal approval from the Industrial Development Corporation to reschedule a loan following delays at Lace mine.
Acacia cuts 27% of Tanzania workforce
Acacia Mining had cut 1,050 people from its workforce, equal to about 27% of total employees, following an organisational revamp.
Harmony pays down R1.1bn in debt
Harmony Gold has repaid R1.1bn in debt consisting of $50m of its $250m revolving credit facility and R400m on its R1.3bn rand facility, it said.
Miners facing new wave of write-downs
Miners will be pushed into a new wave of write-downs and dividend cuts, but BHP Billiton may be able to maintain its progressive dividend policy.