MINING.COM

South Africa’s Treasury to trim budget deficits further on mining royalties

Barclays' economist Michael Kafe said revenues were on track to exceed budgeted estimates and part of the windfall would be allocated to the public wage bill.

Reuters | October 21, 2022 | 7:51 am

Namibia, EU reach provisional deal on rare earth minerals

"In principal we have agreed on conditions, whatever the materials, we are going to process them here," mines and energy minister said.

Reuters | October 20, 2022 | 2:05 pm

Suspected Islamist militants attack ruby mine in northeastern Mozambique

The raid took place on an operation 12 kilometres southeast of Gemfields’s 75%-owned Montepuez Ruby Mining.

Bloomberg News | October 20, 2022 | 7:40 am

South Africa’s EV dream threatens $8.5 billion in climate aid

South Africa is the world’s 13th-biggest source of greenhouse-gas emissions and relies on coal for more than 80% of its electricity.

Bloomberg News | October 19, 2022 | 7:25 am

Congolese NGOs decry mining in main refuge of ‘Africa’s unicorn’

Illegal gold mining is destroying tracts of pristine rainforest in Congo's Okapi Wildlife Reserve, environmental organizations warned on Tuesday.

Reuters | October 18, 2022 | 11:43 am

Sasol, ArcelorMittal to jointly explore green hydrogen, carbon capture projects

Sasol is the world's biggest producer of fuel products and chemicals from coal, but is transitioning away from the fossil fuel.

Reuters | October 18, 2022 | 9:07 am

South Africa port staff union agrees to pay deal, calls off strike

Mining companies have been particularly hard hit by the strike.

Bloomberg News | October 17, 2022 | 2:27 pm

Miners’ losses mount as ports strike drags on in South Africa

Negotiations to reach a pay deal have been unsuccessful, even after the government and an arbitration body joined the discussions between Transnet and its biggest labor unions.

Bloomberg News | October 17, 2022 | 7:27 am

Zambia restricts number of mining licences per company to five

"We have had a lot of licences being used for speculative purposes and we want to curtail that," Zambia's mines minister Paul Kabuswe.

Reuters | October 17, 2022 | 7:09 am

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New platinum ETF fund drives investor capital to South Africa

Thungela says “not yet” cutting jobs despite production curbs

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