MINING.COM

Rio Tinto says climbing costs, resource nationalism once again big threats

Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.

Cecilia Jamasmie | May 15, 2018 | 8:58 am

Mountain Province hires former De Beers financial chief as president and CEO

Stuart Brown has over 25 years of experience in the diamond industry and is the outgoing Firestone Diamonds chief executive officer.

Cecilia Jamasmie | May 15, 2018 | 6:05 am

Lonmin tanks as UK competition watchdog looks into Sibanye takeover

By mid-morning, Lonmin shares had lost 5.6% of their value in London, while Sibanye’s were down 4.9% in Johannesburg, even though the companies announced they had received the approval of the South African Reserve Bank (SARB).

Cecilia Jamasmie | May 15, 2018 | 3:45 am

Challenging cultural norms in artisanal and small-scale mining crucial to improving women’s economic empowerment

"Women’s contribution to the mining sector is masked by the dominant reflection of men’s roles in mining, often hindering their meaningful participation.”

IGF News | May 14, 2018 | 12:33 pm

Shanta Gold to expand search in Tanzania, as new laws deter others

Shanta Gold will conduct further exploration near its main mine in Tanzania after cutting costs in the past year to cope with tougher mining laws.

Reuters | May 14, 2018 | 11:11 am

Strike shuts off 1.2 mln T bauxite output at Guinea SMB mine

The company had already lost between one million to 1.2 million tonnes of scheduled bauxite production because of the strike.

Reuters | May 14, 2018 | 11:02 am

Congo miners continue to press gov’t for code revision

The Minister of Mines will work with the inter-ministerial commission ahead of presenting the 2018 Mining code to government for approval.

Randgold Resources | May 14, 2018 | 10:47 am

Lonmin cuts H1 loss and trims spending ahead of Sibanye merger

The proposed deal with Sibanye is conditional upon Lonmin retaining a positive cash balance by the time it is to close in the second half of the year.

Reuters | May 14, 2018 | 9:47 am

Glencore, Barrick expect prospecting licence for Tanzania nickel project

Tanzania is seeking a bigger slice of the pie from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.

Reuters | May 14, 2018 | 9:33 am

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Booming electric vehicle sales drive surge in cobalt prices

Glencore chairman Tony Hayward to step down by 2022

Nonferrous metals exploration budget down 11% in 2020 – report

Global mining cross border M&A deals worth $7.7bn in Q4 – report

Zimbabwe says China’s Tsingshan to build iron ore mine, steel plant from May

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