Australia’s Resolute Mining to buy Toro Gold for $274m

Resolute is paying $130 million in cash plus 142.5 million of its own shares for West Africa-focused junior miner.

Cecilia Jamasmie | July 31, 2019 | 7:59 am

Glencore warns of $350m hit on copper unit

Setbacks at its mines in DRC and Zambia caused copper production to fall 5% to 663,000 tonnes in the six months to June.

Cecilia Jamasmie | July 31, 2019 | 4:33 am

Burundi’s mineral exports overtake tea, coffee in hard currency earnings

Burundi's mining sector was thrust into prominence last month when the US said it was one of those it was considering to diversify its sources of rare earths.

Reuters | July 30, 2019 | 10:21 am

Diamond industry’s elite club is starting to show cracks

In the diamond trading world, becoming one of De Beers' elite buyers is viewed as essential to achieving success and making money. Now, it’s no longer so easy.

Bloomberg News | July 29, 2019 | 9:48 am

Ivanhoe’s giant Kamoa-Kakula copper project in DRC gets even bigger

Kamoa-Kakula already is the world’s fourth-largest copper project and one of the ten with highest grades.

Cecilia Jamasmie | July 29, 2019 | 7:47 am

Gunmen kidnap two workers at Banro’s east Congo mine

The Canadian mining firm’s interests in eastern DRC have come under periodic attack by Mai Mai militiamen.

Reuters | July 28, 2019 | 3:31 pm

Eskom to fight energy regulator in court, Mining Weekly says

The debt-laden company is asking a High Court to review a price increase awarded by the National Energy Regulator of South Africa.

Bloomberg News | July 28, 2019 | 9:09 am

DSA, union may bid for mines once owned by Guptas, Glencore

The venture would be between Orchid Mining, a unit of DSA, and Nehawu Investment Holdings.

Bloomberg News | July 26, 2019 | 1:02 pm

Safer, healthier, more productive — the promise of wearables for miners

As declining ore reserves push mines to greater depths and also to remote locations, companies are increasingly testing wearables to cut costs, decrease risk and drive productivity.

Cecilia Jamasmie | July 26, 2019 | 10:14 am

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Lucara board approves $514m Karowe mine expansion

Alrosa boosts cooperation with Congo after Angola leak

Asante Gold traces plan to fast-track Bibiani to production

Shanghai aluminum near a 13-year high as Guinea unrest stokes supply woes

UAE, Zimbabwe sign pact that may see Victoria Falls gold market

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