October 17, 2017

SEC charges Rio Tinto, former top executives with fraud

Lawsuit against ex-CEO Tom Albanese, CFO Guy Elliott centers on $3.7 billion acquisition of Mozambique coal assets in 2011 later sold for just $50m.

October 17, 2017

Proceeds from massive diamond found by pastor to go to Sierra Leone’s poorest

Over 50% of the proceeds will be used to fund clean water, electricity, school, medical facilities, bridges and roads, none of which are currently available in the village of Koryardu,…

October 16, 2017

Sibanye scraps planned closure of loss-making South African mines

Precious metals miner said its platinum group metals (PGM) operations had delivered "solid operational results" in the first-half of 2017, prompting an upward revision to its 2017 production forecast and…

October 16, 2017

Implats buys stake in South Africa platinum project with option to take control

Company will pay $30 million for a 15 percent interest in a platinum project in the northern Waterberg region and had an option to acquire a majority stake in the…

October 16, 2017

Stellar Diamonds soars on $1.25 million-sale of Guinea assets

Deal allows the Stellar to focus on its bigger Tongo-Tonguma project in Sierra Leone, which would be the country's second largest diamond mine ever.

October 13, 2017

B2Gold up on higher-than-expected production

Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000…

October 13, 2017

Zambian villagers can sue Vedanta in the UK-London’s Court of Appeal

London's Court of Appeal opened the way for nearly 2,000 Zambian villagers can pursue a claim for damages.

October 12, 2017

Australian Mining Companies Are Unlocking the People Puzzle in Africa

Download the full ‘Mini-Report: The People Puzzle – Mining Talent for Mining Companies‘

October 12, 2017

Tanzanian troubles drag down Barrick’s production

World's number one producer still confident it will meet 2017 production guidance.

October 11, 2017

Landmark court decision shakes up mineral royalties

In a High Court decision handed down on 3 October 2017, Justice Meyer found in favour of the taxpayer, United Manganese of Kalahari Proprietary Limited.