GHANA is drawing up its most extensive rewrite of mining rules in twenty years – a move that would sharply cut how long companies can run mines in Africa’s top gold producer before having to renew ...
KENMARE Resources downgraded its ilmenite production forecast for this year owing to delays at a $341m project aimed at accessing a new section of the company’s Moma mine in Mozambique. The UK-listed ...
ANGLO American said its 85%-owned De Beers may cut diamond production further owing to a deterioration in second quarter market conditions. “Trading conditions became more challenging in the second ...
Base metals exploration development company Arc Minerals says its copper JV with Anglo American in Zambia remains firmly on track. Anglo in May rebuffed an all-share takeover bid from BHP which was ...
A CHINESE lithium producer has begun construction of a lithium processing plant in Zimbabwe as the southern African country tightens controls on raw mineral exports to encourage higher-value refining ...
US electricity consumption is rising so rapidly that coal usage could increase dramatically, said Bloomberg News citing comments by Peabody Energy Corp. The surge in power demand, combined with US ...
EVERY August for the past six years since we acquired the Lonmin operations, I have taken time to reflect deeply as we prepare to commemorate the Marikana tragedy. The primary intention behind our ...
SIBANYE-Stillwater reduced its gold reserves 15.7% following the closure of shafts at its Kloof and Beatrix mines in the last 12 months. This comes as the rand gold price reaches an all time high of ...
Against the backdrop of record high prices for gold, Sibanye-Stillwater has reported a surge in illegal mining incidents and arrests around its South African operations that produce the precious metal ...
THE Democratic Republic of Congo’s state-owned gold trading company is targeting sales of 15 tons this year from the country’s artisanal mining sector, with the central bank identified as a potential ...
THE double-digit increase in the palladium price on Wednesday was partly due to a proposed 200,000 ounce cut in annual supply of the metal, said Sibanye-Stillwater which last week announced the ...
LONDON’S centuries-old dominance as the world’s premier destination for mining finance is drawing to a close as investors increasingly favour Australia and Canada for backing resource ventures, said ...