Africa Mining News

Ivanhoe and Zijin announce more high-grade copper results at the Kakula Discovery

According to Ivanhoe, the latest results reinforce the exceptional grades and shallow, flat-lying geometry of the Kakula mineralized zone.

Gold refinery to open in Uganda

Africa Gold Refinery Limited, a Ugandan mining company backed by Belgian investor Tony Goetz & Sons N.V., announced plans to set up a plant in Entebbe, south of Kampala. According to Reuters, the refinery will […]

Platinum market could face shortage: PwC 

Chronic underinvestment in platinum mines has exacerbated supply crunch.

Police killed 65, injured 270 at Barrick mine in Tanzania, inquiry hears

Tanzanian police have killed 65 people and injured 270 during years of sporadic clashes with villagers at a controversial Canadian-owned gold mine, according to evidence heard by a Tanzanian government inquiry.

Gold: Top explored commodity

The Canada-U.S. region accounted for 39% of all significant gold results announced between July 1 and Sept. 8, 2015.

Canada-US gold mining revenues fall behind

Asia-Pacific, Africa top tables with revenues of $20 billion and $16 billon annually.

Africa gold reserves now worth $1.5 TRILLION

In situ gold reported by explorers and mining companies active on the continent.

South African gold miners can appeal silicosis ruling

They will appeal verdict that paved the way for about half a million current and former miners to proceed with a multi-million-dollar suit, which seeks compensation for those who contracted lung diseases.

One of world’s largest, newest diamond mines is now open

Gahcho Kué, a joint venture between De Beers Canada (51%) and Mountain Province Diamonds (49%), is expected to inject $5.2bn into Canada’s economy.

Kimberley Process chair discusses future with DRC government

As part of his Africa Initiative, ahead of D.R. Congo general elections, the UAE KP Chair, Ahmed Bin Sulayem, meets Government Ministers to discuss Kimberley Process.

South Africa reels under illegal mining

Illegal mining in South Africa is on the increase in the face of deteriorating economic situation in that mineral-rich country, according to reliable sources..

Lundin's agonizing Congo decision

Toronto miner has first dibs on controlling share of Tenke Fungurume which if contemplated expansion goes ahead would catapult mine into global top 5.

Nordgold launches Bouly gold heap leach operation in Burkina Faso

According to the Feasibility Study, Bouly’s average annual production will be approximately 120 koz over a life of mine (“LOM”) of 10 years at AISC of US$730 per oz.

Goldplat appoints growth company resource specialist as new Non-Executive Chairman

Goldplat announces that Mr Matthew Robinson will be proposed as a Director at the AGM to be convened for 27 October 2016, and, subject to the approval of shareholders, he will succeed Brian Moritz as Non-Executive Chairman of Goldplat.

Petra Diamond sees shiny 2017 for the global industry

The miner is confident in the long term outlook for the diamond industry and it expects is to be cash flow positive in the second half of the current financial year.

Harmony buys out Newcrest stake in Hidden Valley gold mine

Harmony Gold has been looking for new assets to meet its goal of increasing production to 1.5 million ounces over the next three years.

Here is why the mining sector in sub-Saharan Africa is not ready to shine

Operational challenges and regulatory uncertainty in the region will keep a lead on its resources sector until at least 2020, says BMI research.

Lundin granted second extension on bid for Freeport Congo mine stake

The company now has until Sept. 29 to bid on Freeport-McMoRan Inc's stake in the Tenke Fungurume copper and cobalt mine.

Semafo adding ounces in Burkina Faso

Montreal-based producer expects to produce more than 400,000 ounces by 2019.

Goldplat completes farm-out deal with Ashanti for Ghana gold project

Ashanti can acquire 75% of Goldplat’s majority stake in the Anumso gold project in Ghana.

Millennials gave a $25 billion shot in the arm to the diamond industry last year

De Beers, the world's biggest diamond producer, warns that many of the challenges affecting the industry last year are likely to continue over the next decade.

Despite problems SA still represents half sub-Sahara mining

Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.

Endeavour jumps on ‘significant’ discovery at its Cote d'Ivoire gold mine

The Ity mine has produced more than 1.2 million ounces of gold in its over 20 years of operations and Endeavour is working on extending the mine life by at least another 10 years.

Iron ore price: Vale makes boldest oversupply move yet

S11D is the most recognized four letter word in the iron ore world.

One graph all iron ore price bears should see

"China’s steel use will also reflect its maturing economic structure and consumerization."