DRC concentrate export ban may tighten global copper, cobalt supply

Analysts said appointing Richard Duffy, who has held finance posts in his 27 years in mining, would benefit the company as it sought to cut debt.

The utility gives the industry notice to reduce their power consumption by 15–20% when the national grid is at its tightest.

The government declared the accident a disaster.

Revenue dropped 7% to $2.58 billion in 2018 from $2.76 billion in 2017 due to the lower ounces sold.

The miners were trapped on Tuesday night when the shafts they were working in were flooded after a nearby dam burst.

The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces.

Ghanaian President Nana Akufo-Addo issued a firm warning: stop expecting supercharged profits from Africa’s mineral riches.

Small-scale gold producers, including illegal miners, accounted for nearly 60 percent of the record 33 tonnes of gold produced in Zimbabwe last year.

It could take 'between five and 10 years' to clear the debts related to the mine.