Africa Top Stories

Lucara recovers 240-ct gem from Karowe

Since mining began in 2012 at Karowe, a total of 43 diamonds heavier than 200 carats have been recovered, including 12 stones larger than 300 carats.

Canadian Mining Journal Staff | January 28, 2019 | 3:11 pm

Sherritt’s year end and 2019 guidance

Sherritt owns 50% of the Moa joint venture, and at…

Canadian Mining Journal Staff | January 28, 2019 | 2:56 pm

Petra slumps as it digs up too many cheap South African diamonds

Petra has been seeking to turn around its fortunes after…

Bloomberg News | January 28, 2019 | 1:21 pm

Angola to hold first diamond auction

Angola has vowed to increase diamond production and per carat…

Reuters | January 28, 2019 | 10:00 am

IAMGOLD puts construction of Canadian mine on ice

Building activities at Côté Gold, located in the Abitibi gold…

Cecilia Jamasmie | January 28, 2019 | 4:58 am

Latest Stories

No one buys Congo’s mining assets on the cheap: Government

The Democratic Republic of Congo’s Ministry of Mines went on the defensive on Monday about allegedly granting mining licenses to companies with close connections to the government. It qualified those accusations as uninformed and a “double standard."

Cecilia Jamasmie | June 18, 2012 | 1:34 pm

End of the supercycle is also spelling the end of radical resource nationalism

"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power to cherry pick which combination of country and project offers the best returns."

Frik Els | June 17, 2012 | 8:32 pm

Mozambique, Ncondezi Coal sign framework agreement for 4.7 billion ton coal project

Exploration and development company Ncondezi Coal has signed a framework agreement with Mozambique’s Ministry of Mineral Resources for its 4.7-billion-ton Joint Ore Reserves Committee-compliant Ncondezi coal project, in the Tete province.

Mining Weekly | June 16, 2012 | 8:37 am

Chrome ore China tariff threat to South Africa’s platinum producers

A vital revenue stream for platinum miners — chrome ore — may be choked off if ferrochrome producers are successful in lobbying for a protectionist export tariff of $100/ton in their desperate attempt to protect their own businesses from China’s burgeoning chrome refiners.

Business Day | June 15, 2012 | 12:39 pm

Dr Kloppers took home $15 million last year. How is the sypercycle turning out for you?

The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.

Frik Els | June 12, 2012 | 2:30 pm

Aquarius halts mining after platinum falls

Aquarius Platinum, the world’s fourth-largest platinum producer by volume, has responded to a fall in prices for the precious metal by mothballing a mine jointly owned with Anglo Platinum, arguing that production had become uneconomic.

Financial Times | June 11, 2012 | 3:54 pm

Kinross says Tasiast producing again

Canada’s number 3 gold miner by output said about 600 workers had returned after the four-day strike at its Tasiast mine in Mauritania.

Frik Els | June 11, 2012 | 1:42 pm

Another company attempts to block First Uranium’s asset sale

First Uranium's (TSE:FIU) plan to sell some of its South African assets was thrown into further disarray after Kumvest (Pty) Ltd. offered to buy First Uranium in order to block the sale.

Michael Allan McCrae | June 10, 2012 | 5:41 pm

U.S. rough diamond trade hurts in April

Large double-digit declines in the value of rough diamond trade by the U.S. in April. Rough diamond imports of $29.7 million fell 24.7 percent year on year.

IDEX Online | June 10, 2012 | 2:41 pm

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