Africa Top Stories

Firestone Diamonds output down on technical issue at Lesotho mine

The company, which operates the Liqhobong diamond mine in Lesotho, said it recovered 224,947 carats in the three months through December, down from 240,733 carats in the first quarter.

Cecilia Jamasmie | February 4, 2019 | 10:52 am

Gold miners get their mojo back as giant deals revive allure

After years on the sidelines, gold producers are suddenly the…

Bloomberg News | February 4, 2019 | 10:46 am

First Quantum is said to offer $700m for Zambia mine

The deal would also include ZCCM-IH dropping a $1.4 billion…

Bloomberg News | February 4, 2019 | 10:38 am

South Africa’s EFF party says in election manifesto to nationalise mines

The party is using an anti-corruption, jobs creation and state…

Reuters | February 4, 2019 | 10:13 am

Zimbabwe looks to alleviate foreign currency shortages -mines minister

"At the end of the day it is an issue…

Reuters | February 4, 2019 | 9:56 am

South Africa mine casualty figures at record low

Miningmx.com reports April has seen the lowest number of mining fatalities ever in South Africa, according to figures released by mines minister Susan Shabangu.

MINING.com Editor | May 6, 2012 | 10:35 pm

DRC fighting thwarts plans to export conflict-free minerals

Renewed fighting in the Democratic Republic of Congo will halt the export of so-called conflict-free minerals from the country's eastern provinces, according to Bloomberg:

Andrew Topf | May 3, 2012 | 9:27 pm

Zimbabwe mining revenues up 10% to $458 million

Zimbabwe's mine output increased in the first quarter, leading to surging revenues for government coffers, NewsDay is reporting.

Andrew Topf | May 3, 2012 | 7:35 pm

Randgold profit doubles despite Mali turmoil

Gold producer Randgold Resources (LON:RRS, NASDAQ:GOLD) posted today strong results for its first quarter output and profits despite the political turmoil in Mali, from where it extract two-thirds of its gold output.

Cecilia Jamasmie | May 3, 2012 | 1:22 pm

Platinum to rack up eighth year of surplus

Meanwhile, palladium remained in a gross deficit last year, with this being likely to increase in 2012.

GFMS Limited -www.gfms.co.uk | May 3, 2012 | 8:00 am

Strike and lower copper price hurt First Quantum production

A lower copper price and a strike at its Kansanshi mine in Zambia has bit into the bottom line at Africa-focused base metals producer First Quantum Minerals.

Andrew Topf | May 2, 2012 | 11:18 pm

Barrick makes investors day by hiking dividend 33%

Barrick Gold Corp. (TSX:ABX) increased its quarterly dividend by 33%, as the company announced Wednesday a 3% increase in its first-quarter profit.

Cecilia Jamasmie | May 2, 2012 | 11:30 am

Allana’s optimistic Danakil Depression resource estimate lifts stock 9.8%

Allana Potash (TSX:AAA) surged 9.8% on Tuesday on higher than usual trading volumes, after upping the resource at its Danakhil project by 90%.

Frik Els | May 1, 2012 | 8:31 pm

Dundee Precious Metals stock in mini meltdown after told to cut smelter feed

"We have spent over $40 million on the smelter in the two years we have owned it and are aware of the challenges that continue to exist there," Chief Executive Jonathan Goodman said in a statement.

Frik Els | April 30, 2012 | 9:06 pm

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