But only sliver of funds raised destined for mining and metals
Africa Mining News
Glencore tightened its grip by appointing new executives and entering a management services contract to run its troubled Congo copper and cobalt unit.
Mali's industrial production of gold rose 23 percent last year to 60.8 tonnes, Mines Ministry spokesman Boubacar Sissoko said on Friday.
This week, the country’s parliament voted to extend a state of emergency that has been in place since Dec. 31, by six months – following a string of terrorist incidents in several northern provinces, included the recent murder of Canadian geologist, Kirk Woodman.
Company has agreed to buy BHR Newwood DRC Holdings Ltd, a holding company set up by private equity firm BHR to buy a 24% stake in the Congo mine in 2017.
Based on answers from 51 senior executives, lawyers White & Case say that trade tensions are the second largest challenge for the mining industry in 2019 and reveal what the underlying full-picture looks like.
TLT-Turbo has concluded the consolidation of several South African based operations.
By Thusday afternoon, Trevali's stock had dropped 10%.
Woodman was an accomplished and respected geologist with a career spanning over 30 years.
Investors appear to be ignoring the fact that weak sales figures have been reported for all major auto markets in recent days.
Avesoro’s annual production jumped by 15% to 220,458 ounces of gold compared with 2017, with its New Liberty mine in Liberia alone churning out 109,107 ounces.
IAMGOLD expects to produce fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to 2018.
For 2019, the Canadian miner forecasts gold production of between 935,000 and 975,000 ounces at all-in sustaining costs estimated at between $835 and $875 per ounce.
The carmaker will use a blockchain-based platform to trace supplies of cobalt from a Chinese-owned mine in the Congo for the batteries in its electric cars, in an effort to ensure they are not linked to human rights abuses.
Gold output in South Africa, once the world’s biggest producer of the metal, fell for a 14th straight month in November.
The two-day hearing will be watched by other multinational companies with a base in London and facing legal challenges about their operations abroad.
The South African consortium distanced itself from allegations that it is linked to the Gupta family, the previous owner of Optimum coal and other two assets.
Company has completed a scoping study at its Khemisset project in northern Morocco, which shows it has the potential to be among the world’s lowest capital cost potash mines.
Approximately 77% of all mining accidents resulting in a fatality have occurred to involve human factor in operating with equipment. Digital solutions implemented could allow to reduce human involvement in a dangerous mining process.
Leading global diamantaires invited to purchase exceptional Angolan diamonds as part of new marketing policy
"It’s obviously really important for Tshisekedi to have SADC’s approval and endorsement for his presidency”
Since the union downed tools at Sibanye's gold operations in mid-November, four employees have been killed during strike-related violence.
Seven exceptional Lulo diamonds, including a 46-carat pink and six top-colour Type IIa white gems, will be showcased.
The state-owned diamond miner wants to produce 10 million carats by 2025.
Massive deal creates company that challenges rival Barrick as the world’s largest gold producer.