Africa Top Stories

MINING.COM MINUTE: Biggest stories of the week

US court upholds miners’ rights to explore on federal lands; Nordgold submits off-market bid for Cardinal in takeover war, Over $1 trillion needed for energy transition metals...

MINING.com Editor | October 30, 2020 | 10:19 am

Anglo American CEO says not responsible for lead poisoning in Zambia

South African law firm Mbuyisa Moleele and UK-based Leigh Day…

MINING.COM Staff Writer | October 30, 2020 | 8:06 am

NASA finds rare metal asteroid worth more than global economy

The heavy-metal object, called “16 Psyche”, is worth $10,000 quadrillion.…

Cecilia Jamasmie | October 29, 2020 | 11:43 am

Sibanye-Stillwater posts record Q3 profit on higher metals prices

Group EBITDA soared 182% to $922 million in the quarter…

Reuters | October 29, 2020 | 9:15 am

First Quantum sees no negative impact from potential Zambia default – CFO

Zambia was struggling with its ballooning debt before the pandemic…

Reuters | October 29, 2020 | 9:02 am

South Africa labour disputes drag Petra Diamonds shares down

Shares in the diamond miner fell for a second consecutive day after it warned that two of its South african mines had been affected by strikes.

Cecilia Jamasmie | September 19, 2017 | 9:17 am

Gem Diamonds finds another huge diamond at Lesotho mine

Finding follows the recovery of five other diamonds of over 100 carats so far this year at the company's flagship Letšeng mine, in Lesotho.

Cecilia Jamasmie | September 19, 2017 | 3:00 am

Congo’s Gecamines to set new rules on mining proceeds

New controls aims at holding the company's partners, including Glencore, China Molybdenum and Ivanhoe, accountable in copper and cobalt projects

Reuters | September 19, 2017 | 2:07 am

Palladium price consensus forecasts point to end of the rally

Speculative frenzy not entirely supported by fundamentals.

Frik Els | September 18, 2017 | 1:52 pm

About 2,500 jobs on the line at Impala Platinum’s Rustenburg operations

The miner warned further reductions could be in store at those operations, which employ 31,000 people.

Cecilia Jamasmie | September 18, 2017 | 5:18 am

Petra Diamonds may breach debt covenants on troubles in Tanzania

The Africa-focused diamond miner said that would likely happen unless it solves its issues with the government of Tanzania.

Cecilia Jamasmie | September 18, 2017 | 3:08 am

Botswana seeks option to buy unusually big diamonds from its mines

Draft bill gives government first option to buy unusually large diamonds found in the country's mines, such as the world's second-biggest 1,109 carat diamond discovered by Lucara two years ago.

Reuters | September 18, 2017 | 3:00 am

Kinross Gold to spend $1bn to expand Mauritania, Nevada mines

Projects aim at boosting output and lowering costs.

Reuters | September 18, 2017 | 2:00 am

AngloGold a step closer to selling loss-making Kopanang mine in S. Africa

The decision to offload the asset is part of a restructuring process that includes laying off about 8,500 workers, roughly 30% of the company’s workforce.

Cecilia Jamasmie | September 15, 2017 | 7:41 am

First

Last