Vale Verde completes Serrote copper mine build

According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region's favourable climate conditions.

The miner reported that Proven and Probable gold Reserves reached 17.9 million ounces at the end of 2018.

The gold giant said it would approach the board of Acacia Mining to back the formal proposal that would settle a long-running dispute with the Tanzanian government.

Operations are being suspended while a feasibility study is conducted on building two processing facilities to treat ores at the site.

South Africa intends to play its role as part of the global effort to reduce global greenhouse emissions.

South32 is the latest mining company to cut jobs after Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs.

"While challenges are part of the uncertain environment that we operate in... we have the right strategy and teams in place to create sustainable shareholder value."

It is very important that we can see the assets in our mix have long-term potential and to the extent that they don't or there is other strategic reasons to disinvest, we will do that.

The companies announced their planned all-share tie-up in January, just two weeks after the Barrick-Randgold merger was finalized.