MINING.COM

Kumba Iron Ore reverses Sishen mine-linked impairment charge

The unit of Anglo American said reversal, net of tax and non-controlling interest, was 2.6 billion rand and would be included in its basic earnings.

Reuters | February 9, 2018 | 11:40 am

Embattled Avocet completes sale of Burkina Faso assets

The three-times delayed $5 million-deal should help the miner dodge bankruptcy for its units in the West African country.

Cecilia Jamasmie | February 9, 2018 | 9:35 am

Endeavour in talks to avert Ivory Coast protests over gold production plans

Company has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4% this year.

Reuters | February 9, 2018 | 4:30 am

De Beers’ Namibia venture puts mine up for sale, at least 130 jobs to go

Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put its Elizabeth Bay Mine up for sale.

Cecilia Jamasmie | February 9, 2018 | 3:18 am

Political shifts lift investor mood in southern African mining

Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for the better in the space of a year.

Reuters | February 8, 2018 | 12:45 pm

African gold miner Endeavour would rather be agile than huge

Endeavour Mining Corp. one of the fastest-growing gold producers in Africa, says bigger isn’t always better.

Bloomberg News | February 8, 2018 | 12:34 pm

Zimbabwe to consider waivers on platinum, diamonds ownership law

Nation to consider applications from platinum, diamonds mining companies exempted from requirement that they be at least 51 pct owned by black citizens.

Bloomberg News | February 8, 2018 | 12:23 pm

South Africa’s Gold Fields says headline earnings to fall up to 12 pct

The miner flagged headline earnings per share of $0.23 to $0.26 per share for the year ended Dec. 31, 2017.

Reuters | February 8, 2018 | 11:00 am

Ivanhoe boss said he’d pay higher taxes in Congo if it benefits locals

Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting of those royalties.

Cecilia Jamasmie | February 8, 2018 | 6:59 am

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Teranga exceeds guidance, achieves record production

Gold investors target ‘excessive’ executive payouts amid deals

Steinmetz pressed on Guinea deals on second day of bribery trial

Alphamin achieves record quarterly tin production

Zimbabwe gold deliveries tumble nearly a third in 2020

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