Analyst

Four miners dead and three still missing at Sibanye-Stillwater mine

Four miners have died, three remain stuck underground and two are still missing at one of Sibanye-Stillwater’s (JSE:SGL) (NYSE:SBGL) gold mines in South Africa following a quake caused a fall of ground Thursday, trapping a total of 13 workers. Two more quakes were felt Friday near the Masakhane mine, part of the company’s Driefontein operations,

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Alrosa to acquire one of the world’s largest diamond polishing firms

World’s top diamond producer by output, Alrosa (MCX:ALRS), has got approval from its board to acquire Russian polisher Kristall, the country’s largest and one of the world’s biggest diamond cutting firms. Alrosa’s chief executive Sergei Ivanov has been asked to submit technical specifications for estimating the target’s price and so make an offer, Prime Business

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WGC latest report shows how weak gold demand has been this year

Global demand for gold dropped between January and March, becoming the weakest first quarter since the 2008 financial crisis, a situation experts attribute to an improved economic outlook and wild swings on world stock markets, which pushed investors to seek safe havens. According to the latest report by the World Gold Council (WGC), a trade

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