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Gold price soars to highest since Sep 2013

Frenzied trading in New York lifts gold price to near 6-year high.

Frik Els | June 20, 2019 | 11:00 am

IAMGOLD stock sees biggest jump in 4 years on rumors of Chinese bid

China's second-biggest gold mining company is said to be considering a bid for a stake in IAMGOLD.

Jackson Chen | June 20, 2019 | 10:10 am

Rio Tinto looks at developing Simandou again — report

It's mulling options to develop the giant iron ore deposit in Guinea, which almost sold last year to its partner in the project Chinalco.

Cecilia Jamasmie | June 20, 2019 | 9:45 am

Brazil’s President hands indigenous land decisions back to farm sector

The temporary decree effectively removes any involvement of the National Indigenous Affairs agency (FUNAI) in reserves demarcation.

Cecilia Jamasmie | June 20, 2019 | 6:39 am

Gem Diamonds exits Botswana with $5.4m Ghaghoo mine sale

The buyer, local company Pro Civil, is assuming the environmental liability currently associated with the London-listed miner.

Cecilia Jamasmie | June 20, 2019 | 4:20 am

Rio Tinto axes iron ore full-year forecast again

It now expects to produce between 320 and 330 million tonnes of the steel making ingredient in 2019, down from a previous guidance of 333 to 343 million tonnes.

Cecilia Jamasmie | June 19, 2019 | 8:49 am

Acacia disputes Barrick’s criticism of mine plans, asks investors to take no action

The African gold miner promised a detailed response to Barrick’s claims that its mine plans in Tanzania are not appropriately risked or supportable.

Cecilia Jamasmie | June 19, 2019 | 3:58 am

Pala to acquire Cobalt 27 for $375m, create new company Nickel 28

Pala’s offer – equivalent to C$5.75 per share – represents a 66% premium to Cobalt 27’s closing share price of C$3.47 on June 17.

Jackson Chen | June 18, 2019 | 1:23 pm

Top 10 biggest gold mines

Iconic Grasberg copper and gold mine shoots to the top with a 70% surge in production.

Frik Els | June 18, 2019 | 11:26 am

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