South Africa’s AMCU union plans strike at platinum miner Lonmin
1 day ago
South Africa’s AMCU union plans strike at platinum miner Lonmin
South Africa’s AMCU union plans to down tools at platinum miner Lonmin next week in support of colleagues at rival…
Barrick details proposal to settle Acacia dispute with Tanzania
2 days ago
Barrick details proposal to settle Acacia dispute with Tanzania
Canadian miner Barrick Gold outlined on Wednesday details of a deal it reached with the government of Tanzania to settle…
Glencore’s 2018 earnings rise, announces $3 billion share buyback plan
2 days ago
Glencore’s 2018 earnings rise, announces $3 billion share buyback plan
Glencore said on Wednesday it would buy up to $3 billion worth of its shares as higher pricing and production…
South Africa’s AngloGold posts higher full-year earnings
3 days ago
South Africa’s AngloGold posts higher full-year earnings
South Africa’s AngloGold Ashanti reported higher full-year earnings on Tuesday, boosted by lower amortisation after the closure and sale of…
Famed Cullinan mine banks on big diamonds to drive down debt
4 days ago
Famed Cullinan mine banks on big diamonds to drive down debt
The owner of one of the world’s most famous diamond mines could be about a decade away from clearing its…
Africa Money to bankroll U.S.$3 billion Russian deal
1 week ago
Africa Money to bankroll U.S.$3 billion Russian deal
A U.S.$3 billion platinum deal between Zimbabwe and Russia is now mired in controversy after it emerged this week that…
South Africa’s Gold Fields FY profit slumps as production drops
1 week ago
South Africa’s Gold Fields FY profit slumps as production drops
South Africa’s Gold Fields Ltd said on Friday its full-year profit slumped 73 percent, dented by a decline in bullion…
South Africa’s Sibanye-Stillwater could cut almost 6,000 jobs in gold restructuring
1 week ago
South Africa’s Sibanye-Stillwater could cut almost 6,000 jobs in gold restructuring
South Africa’s Sibanye-Stillwater said on Thursday it could cut nearly 6,000 jobs as it considers restructuring its struggling gold mining…
RioZim halts output as Central Bank fails to make payments
2 weeks ago
RioZim halts output as Central Bank fails to make payments
RioZim Ltd. halted production at its three gold mines after Zimbabwe’s central bank failed to provide foreign currency the company needs…
Oil major Total makes significant discovery offshore South Africa
2 weeks ago
Oil major Total makes significant discovery offshore South Africa
French oil and gas major Total said it had made a significant gas condensate discovery after drilling its Brulpadda prospects…
President’s clarion call gets all ears at Indaba
2 weeks ago
President’s clarion call gets all ears at Indaba
Delegates at the Investing in African Mining Indaba received a much-needed lift yesterday – as much from the physical presence…
Miners told to respect the land that provides the riches – Ghana president
2 weeks ago
Miners told to respect the land that provides the riches – Ghana president
Ghana’s President Nana Akufo-Addo demanded mining deals be more beneficial for Africa on Tuesday, calling on governments to end fiscal…
