MINING.COM

Barrick moves forward with plan to make every employee an owner

The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.

Cecilia Jamasmie | March 6, 2018 | 4:45 am

Congo’s Kabila meeting with mining companies postponed

Democratic Republic of Congo President Joseph Kabila's plan to discuss proposed changes to mining royalties with mining company representatives on Tuesday has been postponed by a day.

Reuters | March 6, 2018 | 3:15 am

Thirty-three illegal miners arrested at abandoned site in South Africa

According to the Chamber of Mines of South Africa, illegal miners in the country usually belong to organised crime syndicates.

Valentina Ruiz Leotaud | March 5, 2018 | 5:24 pm

Rush for cobalt, lithium as prices stay on the boil

Electric vehicle boom sees number of companies exploring for lithium and cobalt tripling to 188 as budgets balloon according to new report.

Frik Els | March 5, 2018 | 12:38 pm

Stellar Diamonds mulls takeover offer as losses deepen

Miner posted a net loss of $984,928, compared to a $663,145 loss a year earlier, due to an increase in costs of developing its Tongo-Tonguma diamond project in eastern Sierra Leone.

Cecilia Jamasmie | March 5, 2018 | 5:26 am

Lucapa fetches $1.7 million in diamond sales from Lulo

Figures takes proceeds from Lulo diamonds sales so far this year to $10.8 million, at an average price per carat of $1,731.

Cecilia Jamasmie | March 5, 2018 | 2:51 am

Lundin Gold eyes growth after mine in Ecuador built

“We want to grow to be an at least 1-million-ounce-a-year producer with three to four operations,” said Chief Executive Ron Hochstein at PDAC.

Reuters | March 4, 2018 | 11:37 am

Angola offers former dos Santos diamond rights to investors

Angola is one of the world’s top 5 diamond producers, but much of the territory remains under-explored due to 27 years of civil war.

Reuters | March 2, 2018 | 10:46 am

Australia takes Rio Tinto to court over Mozambique coal deal

Australia’s corporate watchdog has launched court action against the company, former chief executive Tom Albanese and chief financial officer Guy Elliott.

Cecilia Jamasmie | March 2, 2018 | 3:23 am

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Lucara strikes again with 378 carat diamond at Karowe

Miners using new ESG and transparency framework

Liberia sees $800m ArcelorMittal investment this year

First Quantum reports record copper output

Harmony Gold on track to meet output guidance

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