Africa Mining News

Poverty-stricken pastor finds 709-carat diamond worth millions in the dirt

On March 13, the pastor was working in a village named Koryadu when a cry went up from one of his men in Krio, the most widely spoken language in Sierra Leone and used by Momoh throughout the phone interview.

How to build a mine

There are three key components to building a mine, starting with a competent, experienced management team.

Making the grade: understanding exploration results

The most exciting news from a mining exploration stock is a high-grade drilling result.

Manganese – the third electric vehicle metal no one is talking about

Manganese is a critical and irreplaceable element used in steel production and used widely as a battery component.

World’s first seabed gold, copper, silver mine to begin production in 2019

Canada’s Nautilus Minerals is getting closer to kicking off operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea.

Changes at Kumba Iron Ore board of directors

Along with other changes, Zarina Bassa has informed Kumba of her intention to step down as an independent non- executive director at the Company’s forthcoming AGM on 11 May 2017, after serving eight years.

De Beers becomes sole owner of jewellery brand, buys out retail partner LVMH

It has acquired the 50% interest French luxury goods group LVMH had in De Beers Diamond Jewellers for an undisclosed amount.

The 5 biggest private funds investing in mining

Denver is the global capital of private capital raising for investment in the metals and mining sector.

Iron ore miners worst nightmare just came true — prices tank

Prices for the raw material have dropped below $90 a tonne as doubts gather about the strength of demand in China at stockpiles hit record highs.

$5.5 billion private capital ready to invest in mining

"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.

Sierra Leone pastor unearths one of the 20 largest diamonds ever found

Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.

Indian billionaire Agarwal goes after 12% of Anglo American

Deal would make of Volcan Investments Ltd., Agarwal's family trust, the second-largest investor in Anglo American.

Glencore sells two Africa zinc mines to Canada’s Trevali

The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.

INTERACTIVE: Top 10 gold mining companies

The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.

Anglo American building resilience through partnership

Anglo American today published its 16th annual Sustainability Report, entitled ‘Delivering Change, Building Resilience, Working in Partnership’.

The 20 best mining schools in the world

The rankings are based on data for academic reputation, employer reputation, research citations per paper and research impact.

Dieselgate hasn't hurt platinum price

Strong ETF inflows, rising autocatalyst demand despite Volkswagen emission scandal combined with falling mine supply to boost platinum price says new study.

Rio Tinto chairman Jan du Plessis steps down, set to lead BT

He joins a growing list of chairmen who are leaving some of the world's' top mining companies, including BHP Billiton and Anglo American.

Burkina Faso gold mine to build solar hybrid power plant

IAMGOLD (TSX:IMG) is taking a further step towards diversifying its power needs into renewable energy, with a plan to install at 15-megawatt-peak (MWp) solar power plant at its Essakane mine in Burkina Faso.

Teranga Gold’s social, environmental efforts grant it top award at PDAC

The company's mission includes a commitment to ensure communities are better off as a result of its presence.

Mining industry leaders meet again at PDAC 2017

For the second consecutive year, PDAC will host the International Mines Ministers Summit (IMMS) with 25 countries attending to it.

Stillwater Mining takeover needs more study

US Foreign Investment Committee scrutinizing South African gold miner's $2.2 billion offer for the only US platinum, palladium producer.

Cobalt: will 2017 be a year of change?

A number of suspensions, most notably Katanga Mining in the DRC, have contributed to a tight metal market.

Botswana Geoscience Portal serves up 2000 downloads – Explorers hungry for pre-competitive data

Mineral explorers, government and academic researchers, and other key stakeholders from more than 35 countries have visited the public repository to access the 10 gigabytes of pre-competitive geoscience data stored online.

Rio Tinto defers former CEO Walsh bonus over Guinea scandal

Sam Walsh's bonuses, potentially worth millions, had been delayed for at least two years as investigations continue into dubious payments related to Simandou iron ore project in Africa.