The electric vehicle revolution will continue to reinforce the unquenchable demand for cobalt.
Africa Mining News
Kimberley Process plenary meeting has critical issues to discuss, says World Federation of Diamond Bourses
The KPCS continues to play a critical role in curbing trade in conflict diamonds, said WFDB President Ernie Blom.
Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.
In the current climate of global economic and political stress, it is more important than ever for African governments to engage with their investors in a spirit of genuine partnership, Randgold Resources chief executive Mark Bristow said here today.
The company, which began exploring the area in March this year, said that specialists from its joint venture partner Alrosa are reanalyzing 80 tonnes of samples that were sent to South Africa.
Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.
He envisions people living in big glass-carbon fiber domes on the surface, with additional areas mined out below the surface by robots for "industrial" uses.
Exploration by Randgold Resources, which owns and operates the Tongon gold mine in Côte d’Ivoire, continues to highlight exciting possibilities for further investment in the country, chief executive Mark Bristow said here today.
The investment will extend the life of the mine by eight years to 2024, in which the firm expects to produce 1.56 million ounces of gold there.
AMCU has been demanding pay hikes of more than 50% for its lowest paid members and a 15% hike for its higher paid members.
Stock climbed 12.94%, closing the session at 529p.
The Congo mine, which cost $3 billion to build, holds one of the world’s largest known copper resources.
Syanyonja Artisan Miners' Alliance has become the first artisanal small scale mining co-operative in Africa to become Fairtrade certified, bringing much needed hope to impoverished communities who risk their lives to mine the rich gold seam that runs around Lake Victoria.
Bin Sulayem meets with Uganda’s Office of the President and Ministry of Energy and Mineral Development to discuss Kimberley Process.
Last year, the country's cobalt production accounted for just over half of the world's output.
After a slow start to 2016, the Kibali gold mine is picking up speed, with the substantial performance improvement forecast for the second half of the year already manifesting itself, Randgold Resources chief executive Mark Bristow said here today.
Atha-Africa's Yzermyn project sits in the Mabola protected area.
Ahmed bin Sulayem says a well-structured permanent body able to take over the work currently done by volunteers is urgently needed.
After losing money for three years to 2015, Harmony is now focused on finding mines able to offset falling production at its South African operations.
Botswana withdrew its decision to buy a 50 percent stake in South Africa’s Nkomati mine from GMK Norilsk Nickel PJSC because it can’t afford the price tag of just under 3 billion pula ($279 million).
"I'm a mining engineer so I always like to see the equipment. That's always fun to get out and see, and especially how technology is being applied."
Senior management is allegedly not happy about recently announced expenses.
The company was issued a shutdown notice for its Lace project in South Africa's Free State province.
Experts say Ghana's government is unlikely to do anything before the upcoming presidential election on Dec. 7 for fear of losing votes.
South Africa has a unique history in mining, and is a nation partly built on the exploration and development of its resources. Unfortunately, through social, political and economic consequences and challenges, the industry has also been hit by strikes and conflict.