Africa Top Stories

Metallon may pay suppliers in gold amid Zimbabwe cash shortage

Metallon Corp. is considering paying mining-equipment suppliers in gold because…

Glencore, China Moly face higher cobalt royalty taxes in Congo

The Democratic Republic of Congo will declare cobalt a strategic…

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Miners in South Africa could face lawsuits from workers

The Constitutional Court in South Africa has kicked open the door to class-action lawsuits against mine owners. The lawsuits could cost miners billions of rand after the court ruled yesterday that mineworkers who had been laid off because of occupational diseases can sue their employers, Business Day reported: The court handed down judgment in the matter of Thembekile Mankayi, who had sued AngloGold Ashanti for damages of R2.6m. Mr Mankayi passed away last Friday of lung disease.

SA’s state-owned mining company launched

South Africa's president, Jacob Zuma, on Saturday officially launched a state-owned mining company under which he said all state interests in mining would be consolidated