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BHP Billiton halts plans to sell Nickel West business in Western Australia

BHP Billiton has cancelled plans to sell its Nickel West business in Western Australia, as the company has failed to find a buyer willing to pay its price.   The decision follows a review by BHP on Nickel West,...

US$ 350m mining investment to commence in Mali end of this year

  A US$350m gold mining investment is set to commence in Mali at the end of this year. The investment will begin with mine construction on the Fekola gold project in the Southwest of the country.   ASX-listed gold...

First batch of diamond recovered from Botswana to be sold in 2015

  The first batch of diamond recovered from Ghaghoo mine in Botswana will be sold in February 2015.   Gem Diamonds has announced through an interim management statement last week that it will sell the first 4 028...

Botswana to use new diamond recovery technology

  A new diamond recovery technology has been initiated for use in mines in Botswana. The new x-ray transmission (X-RT) technology will now aid in primary diamond recovery in the country.   Karowe Mine, which is located in...

Eldorado seeks a buyer for its mines in China for $1.5bn

The largest foreign producer of gold in China Eldorado Gold is planning to sell its Chinese mines for $1.5bn.   China National Gold Group, the country's biggest producer of the commodity, is reportedly interested in the deal, as well...

South Africa’s world’s third largest gold mining firm to sell some of its mines

  World third largest gold mining company, AngloGold Ashanti with headquarters in Johannesburg, South Africa has plans of selling some of its mines so as to cut its borrowed debt by US$ 1bn.   AngloGold’s CEO, Srinivasan Venkatakrishnan...

South Africa’s AngloGold to unleash new technology for drilling gold in 2015

  South Africa’s Gold mining company AngloGold Ashanti is set to unleash a new technology to be used in the gold industry in 2015.   The technology involves the dispensing of conventional drilling and blasting and backfills cavities...

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