Barrick to force Acacia takeover
3 days ago
Barrick to force Acacia takeover
Barrick Gold Corporation is to force a takeover of its Tanzania subsidiary, Acacia, to rescue the deal it has negotiated…
Canada miner is in talks to buy Zimbabwe Gold Project
3 days ago
Canada miner is in talks to buy Zimbabwe Gold Project
Canada-based B2Gold Corp. is considering buying an idled Zimbabwean gold mine — if it can be exempted from a law that…
Biggest Africa investor goes to London for Lonmin decision
4 days ago
Biggest Africa investor goes to London for Lonmin decision
South Africa’s Public Investment Corp. faces a tough choice: back Sibanye Gold Ltd.’s takeover of Lonmin Plc, and take a hit…
To borrow $500 million, Zimbabwe pledges mine that doesn’t exist
4 days ago
To borrow $500 million, Zimbabwe pledges mine that doesn’t exist
The collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that hasn’t been dug yet, people…
Zambia plan to seize copper mines stuns investors
6 days ago
Zambia plan to seize copper mines stuns investors
Zambia’s Eurobond yields rose to record highs after the government of the cash-strapped copper producer said it’s planning to seize Vedanta…
Zambian court appoints provisional liquidator of Vedanta’s Konkola Copper Mines
6 days ago
Zambian court appoints provisional liquidator of Vedanta’s Konkola Copper Mines
Zambia’s High Court on Tuesday appointed a legal firm as a provisional liquidator of Vedanta-controlled Konkola Copper Mines. The document…
Zambia files notice of plans to seize Vedanta copper assets
7 days ago
Zambia files notice of plans to seize Vedanta copper assets
Zambia’s government filed notification of plans to take over Vedanta Resources Ltd.’s domestic copper assets, President Edgar Lungu said. The…
Gold miner Metallon demands $132 million from Zimbabwe central bank
2 weeks ago
Gold miner Metallon demands $132 million from Zimbabwe central bank
Africa-focused gold miner Metallon Corporation is demanding nearly $132 million it says it is owed by Zimbabwe’s central bank, legal…
Army puts backers off multibillion-dollar Zimbabwe platinum mine
2 weeks ago
Army puts backers off multibillion-dollar Zimbabwe platinum mine
A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4 billion is floundering because a military…
Kangra Coal improves sanitary situation for local learners
2 weeks ago
Kangra Coal improves sanitary situation for local learners
Kangra Coal provides safe temporary ablution facilities at Qalani Primary School to ensure its students are able to learn in…
Platinum miners brace for labor clash in early Ramaphosa test
2 weeks ago
Platinum miners brace for labor clash in early Ramaphosa test
When the world’s biggest platinum miners sit down with labor unions this month to negotiate a three-year wage deal, it…
Zambia tells Glencore to surrender copper shafts set for closure
2 weeks ago
Zambia tells Glencore to surrender copper shafts set for closure
Zambia will order Glencore Plc to hand local contractors control of two copper shafts that the company’s local unit has earmarked…
