Africa Top Stories

S.Africa’s Northam Platinum half-year earnings more than triple

The company reported a three-fold increase in interim earnings.

Reuters | February 27, 2020 | 9:01 pm

AJN shares slump after Barrick moves to block Kibali stake purchase

Barrick issued a cease-and-desist notice to block AJN's acquisition of…

Reuters | February 27, 2020 | 9:26 am

Implats posts 41% interim earnings jump, reinstates dividend

Implats has turned a corner, buoyed by surging palladium and…

Reuters | February 27, 2020 | 8:19 am

Wesdome tops best drill intersect list for February

Eagle River gold project in Ontario reported the most significant…

Bruno Venditti | February 26, 2020 | 3:39 pm

Nigeria’s government licenses two gold refineries

Country's central bank will be the main off-taker, holding some…

Reuters | February 26, 2020 | 3:32 pm

Latest Stories

South Africa delays court decision on black ownership of mines

The mines ministry has missed an April deadline to ask courts solve the issue of whether companies may claim they meet black-ownership quotas if shareholders have sold their stakes.

Cecilia Jamasmie | May 5, 2015 | 5:55 am

Lucara sells stake in African diamond project to Paragon for $8.5m

Developing Mothae and Lemphane concurrently would allow Paragon to benefit from significant economies of scale, said Paragon Diamonds.

Cecilia Jamasmie | May 5, 2015 | 4:02 am

Outside money starts to pour into mining M&A

Mick Davis hasn't spent a cent of his $6bn, but private money and non-mining players' share of M&A has already doubled in less than three years.

Frik Els | May 4, 2015 | 4:43 pm

This plant may be the best diamond-finding tool you’ll ever have

American geophysicist and Fulbright scholar, Stephen Haggerty, has found a new prickly, palm-like plant that seems to grow only on top of kimberlite pipes.

Cecilia Jamasmie | May 4, 2015 | 12:00 pm

Rio Tinto ready to resume hunt for mining deals — report

If the miner buys any assets this year, it would be Rio's first acquisition in about three years.

Cecilia Jamasmie | May 1, 2015 | 3:23 am

Vale falls victim of the iron ore slump, posts $3.2bn loss

Today's results are the lowest earnings Vale has reported in six years and its third straight quarterly loss.

Cecilia Jamasmie | April 30, 2015 | 9:30 am

Zimbabwe eliminates tax on diamond sales, for now

The measure aims to stimulate production and attract investment in the sector, amid low international prices for the coveted gems.

Cecilia Jamasmie | April 30, 2015 | 8:05 am

Iron ore price rally turns into dead cat bounce

Iron ore price falls 4% on Wednesday as oversupply, Chinese steel fears return.

Frik Els | April 29, 2015 | 12:25 pm

Majority of Barrick’s shareholders rejects compensation plan

As much as three quarters of investors voted in favour of a non-binding motion to change the way the gold giant compensates its executives.

Cecilia Jamasmie | April 28, 2015 | 9:40 am

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