Mining News
Fatality at Harmony Gold's Kusasalethu Mine
(Kitco News) - Kusasalethu is Harmony’s deepest mine. The South African gold mine has just under 5,000 employees. Mining is conducted to a depth of 3,388m (2.1 miles).
Coronavirus dampens diamond auction
(Kitco News) - "The results of our first auction of 2020 are in line with prior auctions of commercial quality emeralds and demonstrate a stable underlying market," said Banks. "It was however evident that the fallout of COVID-19--the corona virus--dampened ...
Artisanal miners attack Gemfields' Mozambique ruby unit, injuring four
Artisanal miners torched acar belonging to miner Gemfields Mozambique operation on Saturday and attacked the occupants with pickaxes, injuring three employees and one security contractor.
Zinc falls to over 3-1/2-year low on high inventories
London zinc prices dropped to their lowest in more than three-and-a-half years on Monday.
Anglo American gets big assist from iron ore, PGM
(Kitco News) - A near doubling in margins for both iron ore and PGM divisions at Anglo American (LON:AAL) helped the diversified South African miner close the year up 8% to $2.75 earnings per share.
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