Zambia restores full power supply to First Quantum mines

Zambia's state power company reduced electricity supply to two First Quantum copper mines because the mining firm had failed to pay the new flat electricity tariff.

Reuters | August 21, 2017 | 12:46 pm

AngloGold Ashanti revives plans to spin off South Africa mines – Reuters

Should the spinoff happen, AngloGold would be the latest miner to reduce exposure to South Africa, where political instability, controversial new mining rules and a stronger rand have made it less attractive to operate.

Reuters | August 18, 2017 | 4:24 am

Zimbabwe tightens screws on miners’ export earnings in forex crunch

The country's Reserve Bank has ordered platinum and chrome miners to surrender 80 percent of their export earnings to the central bank as the country struggles to contain a crippling dollar note shortage.

Reuters | August 18, 2017 | 2:22 am

Ex-Integra Gold executives launch new mining exploration company

The company, to be named Integra Resources Corp, plans to acquire an advanced-stage gold-silver project in Canada or the United States in the next two months, and then apply to list on the TSX Venture Exchange, CEO George Salamis said.

Reuters | August 17, 2017 | 2:56 pm

S.Africa’s Harmony Gold eyes acquisitions after FY earnings rise

South African miner Harmony Gold reported a 35 percent rise in full-year profit on Thursday and said it will look at growth, exploration and acquisitions to meet its 2019 production targets.

Reuters | August 17, 2017 | 12:01 pm

With Congo finances collapsing, desperate government has few options

Democratic Republic of Congo's government seeks to head off a collapse in national finances that is hitting the economy.

Reuters | August 17, 2017 | 11:21 am

Kazakhstan miner Kaz Minerals ramps up output, profits rise

Kaz Minerals, a copper company focused on Kazakhstan, narrowed its full-year production guidance on Thursday to 235,000-260,000 tonnes after first-half output more than doubled, boosted by a market hitting multi-year highs.

Reuters | August 17, 2017 | 10:59 am

South Africa’s Sibanye Gold flags H1 earnings per share loss

South Africa's Sibanye Gold flagged up a first-half earnings per share loss on Thursday, citing provisions worth 1.1 billion rand ($84 million) for a possible settlement with miners who contracted lung diseases at work.

Reuters | August 17, 2017 | 9:54 am

China to ban primary mercury mining by 2032 as convention comes into force

China will ban the production and trade of a range of products containing mercury by 2020.

Reuters | August 16, 2017 | 2:41 pm

Congo reinstates miners’ VAT exemption on imports in U-turn

The government owes mining companies about $700 million in VAT reimbursements from before last year's suspension.

Reuters | August 16, 2017 | 2:03 pm

China’s Chalco plans $500m investment in Guinea bauxite project

The deal comes after a trip by the Guinean mines minister, Abdoulaye Magassouba, to China and follows other major Chinese investments in the resource-rich West African nation.

Reuters | August 16, 2017 | 10:11 am

Flash floods hit Freeport Indonesia’s mining operations

Flash floods have left one worker missing and caused extensive damage to a power plant at the miner's operations in the eastern-most province of Papua.

Reuters | August 16, 2017 | 2:53 am

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