DeepGreen hits backs at firms opposing seafloor mining

The operation will add to the Perth-based company annual output, until now on depending on just one mine —  Lulo, in Angola.

It may even allow foreign investors to hold majority stakes in local operations on condition that part of their output is reserved for domestic downstream industries.

Chief Executive Officer Nicolaas Muller said Implats could return to profit by around 2020 by shutting older shafts at its Rustenburg mining complex.

Glencore’s coal business should be a license to print money for several more years.

The South African miner is kicking off this week its Far West gold recoveries project in Gauteng with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into construction of the first phase.

Jihadist militants ramp up attacks against security forces.

Congo is Africa's top copper producer and mines more than 60 percent of the world's cobalt

Production sharing agreements align the interests of the two partners because the risk now weighs more on the investor than on Gecamines.

Company veteran and coal chief Peter Freyberg, has been appointed as the head of industrial mining assets, a newly created role.