Africa Mining News

Mining among unhappiest industries to work in — study

Experts looked at over 500,000 survey responses from over 60,000 employees in 13 different industries worldwide.

Three missing after South African gold mine collapses, trapping 87

Trapped miners were brought to the surface through ventilation shafts.

The Ivory Coast calls upon Laurentian University to develop its mining sector

SUDBURY, ON (February 4, 2016) – Laurentian University has signed an agreement to leverage its expertise in an effort to help evaluate mining training needs in Ivory Coast, implement relevant and viable training programs, and […]

South Africa’s opposition claims Glencore ‘forced’ to sell coal mine

The country's biggest opposition party said the mines minister and state power utility made Glencore sell its Optimum coal operation.

Anglo American risks eviction from FTSE 100

FTSE 100 reweighting to take place in March.

Sibanye Gold shopping for new mines, possibly including base metals

The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.

Anglo American may fully exit Brazil — report

The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.

THEnergy review of the Energy and Mines Summit in London

More than 200 delegates from the mining, renewable energy and finance sectors attended this event.

World's top 10 rookie gold mines

These high-grade mines will soon start competing with gold mining's industry leaders.

Anglo American shares rally on iron ore output hike, cost-cutting measures

The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.

Anglo American and Lonmin heap pain on South African mining with 9,000 job cuts

Embattled miners have cut jobs in the face of plunging commodity prices, putting pressure on the South African government

Russia’s Alrosa quarterly sales up 45%

Rough diamonds sales rose to 7.1 million carats in October through December. This compares with 4.9 million carats of sales in the third quarter.

Current mining downturn not a ‘normal’ one — Moody’s

The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.

Key appointments in Canada and South Africa for Gekko Systems

Gekko Systems is pleased to welcome four new staff members to its Canadian and South African global offices as the company continues to strengthen its delivery of customer support, sales and services around the world.

Anglo American Platinum full-year loss to hit over $850 million

Only last month, the South African miner announced it was postponing all investment in new or replacement capacity until at least 2017

Stellar Diamonds just found a big rock at its Guinea project

The discovery of the 55-carat diamond confirms the presence of large stones in the area, said the company.

Four killed in Rustenburg platinum mine fire

Four miners have died in an underground fire in a platinum mine, the Impala group said in a statement.

Moody's puts 175 energy and mining firms on review as low prices bite

Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.

Canada's Nevsun defends itself against abuse allegations in Eritrea

Should foreigners who allege human rights abuses against a Canadian company operating in a foreign land have their case heard in a Canadian court?

Rick Mills: How to profit from the demands of a growing world population

As the world prepares to house, feed and care for 9.7 billion people, Ahead of the Herd founder Rick Mills is looking for the companies that will profit from the silent tsunami of demand creeping up on resource and healthcare providers.

Randgold's Tongon mine to build on benefits of capital projects

Randgold Resources chief executive Mark Bristow said the mine’s expansion and upgrade projects had now been completed.

De Beers lowers diamond prices to boost sales

In a fresh attempt to counter weakening demand, the diamond giant is said to have cut prices by as much as 7% at the Jan. 18 sale.

Apple, Sony, Samsung linked to child labour claims in cobalt mines

Consumer products sold across the globe could contain traces of the metal produced by informal Congolese mines, who employ children as young as seven, says Amnesty International.

Booming Kibali boosts exploration investment in DRC

Randgold Resources has expanded its operations in Congo following the success of the Kibali gold mine, which will lead to the miner exceeding its full year production guidance for the mine in 2015.

INFOGRAPHIC: Visualizing the flow of oil around the world

Every day, 93 million barrels of oil are consumed by the world economy.