MINING.COM

South Africa’s manufacturing, mining output disappoint as economy limps

Official figures released on Thursday signall a bad start for the second half of the year with business confidence at its lowest in more than three decades.

Reuters | September 7, 2017 | 7:00 am

Tanzania kicks off probe into Petra Diamonds contract, orders officials to resign

President John Magufuli has asked for a review of a local contract belonging to Petra Diamonds and ordered senior officials to resign over the outcome of a probe into the diamond and tanzanite sector.

Cecilia Jamasmie | September 7, 2017 | 4:08 am

China to loan Guinea $20B to secure aluminium ore

China agreed on Wednesday to loan Guinea $20 billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminium which the West African country has in abundance, the mines minister said.

Reuters | September 6, 2017 | 1:49 pm

Platinum price pressured as market moves into oversupply

A rise in refined supply (despite a 9% dip in mine-level output) and a drop in automotive and industrial demand erases Q1's 305,000-ounce deficit.

Frik Els | September 6, 2017 | 11:24 am

Acacia pulls back from major gold mine in Tanzania

“The decision was driven by unsustainable cash outflows at the mine due to the concentrate ban and the operating environment,” company officials said in a statement.

Valentina Ruiz Leotaud | September 4, 2017 | 9:59 am

Zimbabwe completes gold mining probe

Deputy Minister of Mines and Mining Development, Fred Moyo, said that his team looked into production and trading circles

Valentina Ruiz Leotaud | September 4, 2017 | 8:48 am

Canada’s Trevali among world’s top zinc producers with Glencore mines buy

Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.

Cecilia Jamasmie | August 31, 2017 | 9:45 am

Zambia’s CEC to restore full power to Glencore’s Mopani Copper Mines

Zambian electricity utility Copperbelt Energy Corporation (CEC) and Glencore's Mopani Copper Mines have reached an agreement to restore full power supply to the mine from Wednesday, the president's office said on Wednesday.

Reuters | August 30, 2017 | 3:55 pm

Sibanye halts divvy for first time as it swings to loss

The miner, South Africa’s largest gold producer, said that in the absence of a dividend, it’ll give investors two new shares for every 100 held.

Cecilia Jamasmie | August 30, 2017 | 3:22 am

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Nordgold submits off-market bid for Cardinal in takeover war

Gem Diamonds back in the black on higher prices

RANKED: Top 20 mining companies – capital raised in 2020

Stronger diamond prices lift Petra Diamonds’ Q1 revenue

Barrick’s Loulo-Gounkoto on track to meet 2020 guidance

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