Lucara secures $220 million for Karowe expansion

The company expects its 2019 gold production to increase to 615,000 to 695,000 oz. gold and its AISC to remain in the $760 to $810 per oz. gold range.

"The markets are a reality, they are outside RBCT's control" - Nosipho Siwisa-Damasane, RBCT chairwoman.

After nine months of intermittent production caused by illegal strikes and social unrest, Tongon gold mine achieved its revised production target of 230,000 ounces for 2018, down from 288,680 the previous year.

The goal is to extend the Botswanan mine life from 2026 to at least 2036.

Copper production reached a five-year high, more than offsetting output declines at Minas Rio in Brazil and Kumba in South Africa.

World’s top diamond producer by output Alrosa and China-owned Anjin are the two foreign companies chosen by Zimbabwe's government to partner the state-diamond miner in exploring and digging up diamonds.

“The sequence of events that led to the closure of the mine will not recur under the watch of this government.”

The Responsible Mining Foundation says companies gain from strengthening their ability to ‘know and show.

The Canadian miner planned to lay off 2,500 workers due to higher mining taxes in the country, but has now decided to continue dialogue with the government over the issue.