Current News
Do not miss the very current news on Mining and Industrial activities in Africa.
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Jan- 2019 -21 January
Barrick swims against rising tide of resource nationalism in Zambia
Barrick Gold has warned that Zambia’s proposed tax changes will put the company’s Lumwana copper mining operations in peril. And…
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21 January
AngloGold faces South African dilemma as M&A gold rush quickens
Two decades ago, Anglo American Plc created the world’s No. 1 gold miner by merging its South African assets. Having…
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18 January
Uganda risks becoming hub for gold smugglers
Uganda Chamber of Mines and Petroleum has raised a red flag on the increasing criminality in the gold industry. Speaking…
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16 January
Newmont to buy Goldcorp in U.S.$10 billion deal
Newmont Mining Corp says it will buy smaller rival Goldcorp Inc in a deal valued at $10 billion, creating the…
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15 January
Vedanta tells top English court pollution case should be heard in Zambia
Lawyers for Vedanta Resources told England’s Supreme Court on Tuesday that a case raised against the mining company by nearly…
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15 January
Goldman models risk of 1000 bps Eskom blowout for South Africa
Investment bank Goldman Sachs said South Africa’s rand could tumble 3.5 percent if state-run power utility Eskom suffers a major…
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10 January
Tanzania fines Acacia Mining for breaching environmental regulations
Acacia Mining said on Thursday the Tanzanian government has fined the miner 300 million Tanzanian shillings ($129,143.35), two days after…
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10 January
Sibanye-Stillwater expects gold output to miss forecast amid wage strike
Sibanye-Stillwater said on Thursday its bullion output in 2018 would be lower than forecast after almost half of the employees…
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