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The world’s biggest diamond mine is closing

The world’s biggest diamond mine is closing

David Stringer and Thomas Biesheuvel, Bloomberg  / 12 July 2019
Argyle is the source of about 90% of the world’s prized pink diamonds.
Gold gets Fed boost after Powell flags rate cut amid global risk

Gold gets Fed boost after Powell flags rate cut amid global risk

Ranjeetha Pakiam, Bloomberg / 11 July 2019
Bullion trading above $1 400 again as investors take note of the Fed’s dovishness.
Weird legal case still dogs Royal Bafokeng Platinum

Weird legal case still dogs Royal Bafokeng Platinum

Adriaan Kruger / 11 July 2019
A two-year feud over a fence – the mining group must rue the day it brought in a small contractor to do some work at one of its mines.
Acacia Mining says it’s worth far more than Barrick offered

Acacia Mining says it’s worth far more than Barrick offered

Elena Mazneva and Danielle Bochove, Bloomberg  / 10 July 2019
But the clock is ticking as Acacia has seen its shares collapse by more than 60%.
Gold sees wildest price swings since 2016

Gold sees wildest price swings since 2016

Justina Vasquez, Bloomberg  / 9 July 2019
As traders and investors struggled to read when the Federal Reserve may cut interest rates.
Platinum giants bolster positions before wage talks begin

Platinum giants bolster positions before wage talks begin

Felix Njini, Bloomberg / 8 July 2019
Platinum miners are arming themselves with cash and sufficient metal incase of a strike ahead of wage negotiations.
Implats to swing back to annual profit

Implats to swing back to annual profit

Naledi Mashishi, Reuters / 8 July 2019
An improved platinum metals' basket price and higher sales volumes helps miner.
Gold heads for the longest stretch of gains in 8 years

Gold heads for the longest stretch of gains in 8 years

Ranjeetha Pakiam, Bloomberg  / 5 July 2019
Geopolitical and trade tensions spurring demand, along with dovish stance from top economies' central banks.
Nutrien says 34 workers trapped underground in potash mine

Nutrien says 34 workers trapped underground in potash mine

Ashley Robinson, Bloomberg / 4 July 2019
The workers trapped in the mine in Saskatchewan, Canada are said to be safe.
Vedanta appeals to South African court to protect Zambian business

Vedanta appeals to South African court to protect Zambian business

Alexander Winning, Reuters / 4 July 2019
The case has intensified concerns among international miners about resource nationalism in Africa.
SA coal mines pollute water supply, group says

SA coal mines pollute water supply, group says

Paul Burkhardt, Bloomberg / 3 July 2019
Mining companies, including Glencore and Anglo American, have been named for violating water licenses.
Gold’s rally gets booster shot as Trump picks doves for the Fed

Gold’s rally gets booster shot as Trump picks doves for the Fed

Ranjeetha Pakiam and Elena Mazneva, Bloomberg / 3 July 2019
Gold shines in its biggest one-day gain in three years.
SA platinum mine wage negotiations to start next week

SA platinum mine wage negotiations to start next week

Felix Njini, Bloomberg / 2 July 2019
Amcu is requesting a pay increase of as much as 48% as higher palladium and rhodium prices boost company earnings.
Gold resumes trek higher as weak economic data point to stimulus

Gold resumes trek higher as weak economic data point to stimulus

Ranjeetha Pakiam, Bloomberg / 2 July 2019
Weak factory activity across Asia and Europe in June boosts gold prices.
Glencore to cut down on tax-haven subsidiaries as scrutiny grows

Glencore to cut down on tax-haven subsidiaries as scrutiny grows

Mark Burton and Andy Hoffman, Bloomberg / 2 July 2019
Glencore to review entities located in tax havens.

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