Africa Top Stories

Barrick’s profit nearly triples, but sees flat production for next five years

The world's second largest gold miner sees output reaching 5.15 to 5.6 million ounces a year between 2020 and 2024.

Cecilia Jamasmie | November 6, 2019 | 5:42 am

South32 exits thermal coal with South African assets sale

The miner, which spun out of BHP in 2015, has…

Cecilia Jamasmie | November 6, 2019 | 3:50 am

Global gold production dragged down by Grasberg

Stricter environmental rules leading to output cuts in world no…

MINING.com Editor | November 5, 2019 | 3:30 pm

Endeavour Mining shares rise on strong Q3 results

Shares of Endeavour Mining jumped more than 7% at market…

Jackson Chen | November 5, 2019 | 10:11 am

Lucara going ahead with $514m Karowe mine expansion

While the needed investment is expected to be paid back…

Cecilia Jamasmie | November 5, 2019 | 2:55 am

Lonmin profit hurt by platinum strike, two workers reportedly killed

The the world’s third-largest platinum producer said first-half operating earnings have dropped by almost two-thirds.

Cecilia Jamasmie | May 12, 2014 | 11:18 am

Striking Implats miners to vote on wages; AMCU rejects latest offer

The vote would involve miners who are willing to take part and inquire whether they wanted to return to work.

Julienne Bay | May 9, 2014 | 3:03 pm

Miners’ time to rejoice: Rio Tinto hints at imminent end of downturn

The head of the world’s second largest mining company, Sam Walsh, said he will soon stop focusing on cost cuts to centre on growth again.

Cecilia Jamasmie | May 8, 2014 | 7:02 pm

Former BP boss is Glencore Xstrata’s new chairman

Tony Hayward was ousted from the oil giant in 2010 following the Gulf of Mexico disaster — the vastest marine oil spill in history.

Cecilia Jamasmie | May 8, 2014 | 11:30 am

BSGR files notice of dispute over lost Guinea mining rights

BSGR denied any laws were broken and accused president Conde and his allies of attempting to steal BSGR’s assets.

Julienne Bay | May 7, 2014 | 8:02 pm

Putin punishes platinum, palladium prices

Russia produces more than half of global palladium and Western sanctions were threatening supply, but Putin now appears to be taking a softer line.

Frik Els | May 7, 2014 | 7:55 pm

Resource rich countries lead global conflict and political violence index

Levels of conflict and political violence have risen significantly in 48 countries, most of them considered traditional mining destinations.

Cecilia Jamasmie | May 7, 2014 | 10:34 am

Roxgold’s Burkina Faso drilling hits more insane grades

Stock is up 6% on Tuesday after regional drilling returns 226.8gpt gold over 3.1m including 442gpt over 1.6 metres.

Frik Els | May 6, 2014 | 5:51 pm

Lucara increases credit facility to $50 million

Lucara has discovered rare diamonds in the past, including a 9.46-carat blue diamond that fetched $4.5 million in 2012.

Julienne Bay | May 6, 2014 | 5:43 pm

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