MINING.COM

AngloGold Ashanti may axe up to 8,500 jobs at South African mines

Measure is part of a restructuring aimed at “protecting the viability” of the company’s South African business over the long-term, AngloGold said.

Cecilia Jamasmie | June 28, 2017 | 3:44 am

Gemfields shares collapse on imminent delisting

The South African firm has secured control of the gemstones producer and plans to delist it.

Cecilia Jamasmie | June 27, 2017 | 10:09 am

South Africa’s chamber of mines challenges new charter in court

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies

Reuters | June 26, 2017 | 11:57 am

South Africa could play a key role in world rare earth supplies

Manufacturers of products ranging from batteries to electronic devices, and wind turbines to hybrid cars, are scouring the world to secure critical supplies of rare earths

CharlesSmithAssociates | June 26, 2017 | 11:49 am

Canada’s Mkango to start mining rare earths in Malawi in 2020

The company, which has been present in the south-eastern African country for more than a decade, says that by 2021 will be producing 3,000 tonnes of rare earths per year.

Cecilia Jamasmie | June 26, 2017 | 11:30 am

Pallinghurst shareholders back acquisition of Gemfields

Gemfields has been at the centre of a bidding war between the South African private equity group and Fosun Gold, a unit of Fosun International.

Cecilia Jamasmie | June 26, 2017 | 9:16 am

Villagers invade Acacia’s North Mara mine in Tanzania

Hundreds of villagers near the North Mara gold mine in Tanzania invaded the mine for several days last week in an attempt to steal gold ore.

Andrew Topf | June 25, 2017 | 1:35 pm

Cobalt 27 aims to tap electric car revolution with $150m IPO

Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on Friday, raising C$200 million in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars.

Reuters | June 23, 2017 | 10:12 am

Revised South African charter poses threat to miners, says Moody’s

Ratings agency Moody's warned on Wednesday that new regulations seeking to accelerate black ownership in South Africa's mining industry would deter investment, raise costs and diminish cashflow generation.

Reuters | June 21, 2017 | 2:25 pm

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