Africa Mining News

Iamgold eyes growth in Burkina Faso, unveils resource estimate for Gossey

Combined indicated and inferred resources for the satellite deposit, located 15 km northwest of its Essakane operation in Burkina Faso, amount to 376,000 gold ounces.

Eurasian Resources wants to keep children out of mining in the DRC

The miner joined forces with international development organization Pact.

Zambia's chamber of mines sees 21,000 job cuts due to higher taxes

Africa's No.2 copper producer plans to introduce new mining duties, replace Value Added Tax with sales tax and increase royalties to help bring down mounting debt.

TechMet appoints Admiral Mike Mullen Chairman of advisory board

TechMet has been operational for over a year and has assets, deployed in mining, processing and recycling projects around the world, including Canada, Brazil, Rwanda and Burundi.

South African gold output drops 13th straight month in October

Gold production declined 15.1% from a year earlier.

Botswana’s Mowana copper mine suspends operations over working capital

Copper prices on the international market have been recovering but Mowana mine, which employs 411 workers, has failed to capitalise on the gains due to equipment breakdowns.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Ivory Coast aims to double gold output by 2025

Ivory Coast, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025.

Congo's Gecamines to boost stake in Boss Mining JV to 49%

The state miner is moving to increase its take from joint ventures with international miners such as Glencore and China Molybdenum, which it accuses of not bringing enough money to the country.

Three Sudanese miners dead, 10 trapped in collapsed gold mine – company

Gold mining is one of the main sources of foreign currency in the impoverished country, and most of it is done using traditional methods, often with few safety measures.

Correct valve installations double the operational lifespan at Tarkwa mine

The Tarkwa mine engineering management has been satisfied with the performance of the installed Metso valves as they have yielded step changes in their consistent reliability and the plant’s overall efficiency.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Zimbabwe’s handling of diamond industry the ultimate test for Mnangagwa’s reform — report

President Emmerson Mnangagwa is making moves to end the country’s international isolation and attract foreign investment to boost an economy in tatters, including allowing new private investment in the diamond fields.

Lucapa kicks off commercial production at Mothae diamond mine

The operation will add to the Perth-based company annual output, until now on depending on just one mine —  Lulo, in Angola.

Zimbabwe to let two new private miners dig for diamonds

It may even allow foreign investors to hold majority stakes in local operations on condition that part of their output is reserved for domestic downstream industries.

No. 2 platinum miner mulls purchases in low-cost asset shift

Chief Executive Officer Nicolaas Muller said Implats could return to profit by around 2020 by shutting older shafts at its Rustenburg mining complex.

DRDGOLD begins first phase of Far West tailings project

The South African miner is kicking off this week its Far West gold recoveries project in Gauteng with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into construction of the first phase.

Semafo reports third security incident in Burkina Faso

Jihadist militants ramp up attacks against security forces.

Sudan allows local private sector firms to export gold

The measure is part of efforts to stem smuggling of gold, one of the country's main sources of foreign currency.

Congo triples levy on cobalt with strategic-minerals decree

Congo is Africa's top copper producer and mines more than 60 percent of the world's cobalt

Management shake-up at Glencore costs copper chief Mistakidis his job

Company veteran and coal chief Peter Freyberg, has been appointed as the head of industrial mining assets, a newly created role.

Iluka resumes operations at Sierra Leone rutile mine as strike ends

The strike was the second in the past month to hit Sierra Rutile, one of Sierra Leone's largest companies, following a week-long stoppage in October that led Iluka to cut its output forecast.

S.Africa's main iron ore export rail link closed until Dec. 9

The Saldanha export line carries iron ore sourced mainly from Kumba mines from the Northern Cape province to the Saldanha port in the Western Cape.

Anglo CEO says investor confidence returns to South Africa

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

Congo state miner blames foreign investors for underdevelopment

Congo is Africa’s biggest copper producer and the world’s largest source of cobalt.