Anglo American output in Q3 jumps, thanks to Collahuasi

The law, passed by parliament in late January, replaces an earlier code from 2002.

London-listed Zanaga Iron Ore Company shares plunge after switching to small-scale early production mine at flagship central Africa project.

Gold Fields Ltd.’s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine.

A new mining code in the cobalt-rich Congo will lead to higher costs for consumers of the battery metal at a time automakers are expanding production of electric vehicles, experts say.

Mining companies operating in the country vigorously oppose new code to be signed into law.

The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause.

ERG revives efforts to sell its Frontier copper mine in the DRC despite a drop in valuation to about $400 million, two banking sources said.

As well as facing legal action, BSGR, which denies any wrong-doing, is suing financier George Soros for $10 billion in damages over lost contracts.

Gold mining in Africa has a bad rap — particularly when it comes to women. But in Mali, one of the world’s poorest countries, the victimization lens does great injustice to the hundreds of women mining alongside men.