Africa

UK legislators call for an end to forced labour in Eritrea mines

Cecilia Jamasmie | December 19, 2014
UK legislators call for an end to forced labour in Eritrea mines

According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.

Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

Cecilia Jamasmie | December 19, 2014
Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

The investigative reporting piece exposed extremely poor working conditions in factories making Apple products in China and Indonesia.

African miners focus on safety-related technology investments

Timetric | December 18, 2014

Investment plans in the African mining industry point to improving safety first, as well as increasing productivity.

Judge turns down Vale bid to dismiss Rio Tinto lawsuit in U.S.

Cecilia Jamasmie | December 18, 2014
Judge turns down Vale bid to dismiss Rio Tinto lawsuit in U.S.

The court said Vale had failed to convince him to dismiss the case in which it is accused of conspiring to steal Rio's rights for part of iron ore reserve potentially worth billions.

Lucapa Diamond to begin mining at its Lulo project in Angola

Cecilia Jamasmie | December 18, 2014
Lucapa Diamond to begin mining at its Lulo project in Angola

In a first phase the miner plans to target high-grade diamond ore bodies, meeting a target of 14,000 bank cubic metres (bcm) per month.

Barrick to halt Lumwana mine in Zambia after tax hike

Cecilia Jamasmie | December 18, 2014
Barrick halts Lumwana mine in Zambia after tax hike

The Canadian giant had earlier said it would consider such a move in the event the new tax regime was approbed.

Iron ore hits new low after weakest China imports in 16 years

Frik Els | December 17, 2014
New iron ore price low after weakest China imports in 16 years

Benchmark iron ore price drops to fresh five-and-a-half-year low after November Chinese imports fall for the first time since 1998.

Coal of Africa extends date on Mooiplaats sale

Cecilia Jamasmie | December 17, 2014
Coal of Africa extends date on Mooiplaats sale

The transaction is now expected to be completed in the first quarter of 2015.

Anglo American Platinum offered $385 million for stake in Bokoni mine

Cecilia Jamasmie | December 17, 2014
Anglo American Platinum offered $385 million for stake in Bokoni mine

The potential buyer — community-owned firm Baroka Tribal Mining— will also acquire Amplats' 22.5% percent indirect stake in its joint venture partner, Atlatsa Resources.

INFOGRAPHIC: How to ensure your diamond is conflict free

MINING.com Editor | December 16, 2014
INFOGRAPHIC: How to ensure your diamond is conflict free

Jeff Gear, the owner of Gear Jewellers Dublin, submitted this infographic that explores the realities of the blood diamond industry.

Newcrest, Harmony set to build one of the world's lowest-cost gold mines

Cecilia Jamasmie | December 15, 2014
Newcrest, Harmony set build one of the world's lowest-cost gold mines

The revised plan for their jointly-owned Wafi-Golpu in PNG will require an initial capital spending cost of $2.3 billion.

Gemfields acquires additional ruby licenses

Newswire | December 15, 2014

Gemfields Plc has completed the acquisition of two additional licenses for ruby deposits in Mozambique.

South Africa may sell iron ore, BHP stakes worth $3bn

Frik Els | December 13, 2014
South Africa may sell iron ore and BHP shares worth $3bn

The country needs funds to keep the lights on, but buyers may be hard to come by.

Glencore’s Glasenberg slams top iron ore producers once again

Cecilia Jamasmie | December 10, 2014
Glencore’s Glasenberg slams top iron producers once again

In his first investor day since buying Xstrata last year, Glencore’s boss highlighted his company’s spread of commodities and took aim at the expansion strategies of Rio Tinto and BHP Billiton.

Diamond demand, prices set to soar in next decade

Cecilia Jamasmie | December 9, 2014
Diamond demand, prices set to soar in next decade

Financing and marketing are two of the key challenges the industry will have face when trying to keep the global diamond market growing.

Anglo American struggling to meet targets, mulls coal assets sale

Cecilia Jamasmie | December 9, 2014
Anglo American struggling to meet targets, mulls coal assets sale

Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.

Vale sells stake in Mozambique coal project to Mitsui for $763m

Cecilia Jamasmie | December 9, 2014
Vale sells stake in Mozambique coal project to Mitsui for $763m

Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.

From Babylon to beyond – human rights development in mining

Wardell Armstrong | December 8, 2014
human-rights-from-babilon-to-beyond

Whether it’s the development of a new mine in Central Africa or fracking in the English Home Counties, the scope for complex and sensitive human rights issues to arise is very real.

Forget ‘NewCo’: BHP Billiton spin-off named South32

Cecilia Jamasmie | December 8, 2014
Forget ‘NewCo’: BHP Billiton spin-off named South 32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

260+ million tonnes of iron ore discovered in Uganda

Andrew Topf | December 8, 2014
Mining Truck

Uganda may become a more important player in the African iron ore market, after a recent geological survey revealed much bigger deposits of the steel-making ingredient than found during colonial mappings.

Obama’s conflict minerals law has destroyed everything, say Congo miners

The Guardian | December 7, 2014

When his father could no longer make enough money from the tin mine, when he could no longer pay for school, Bienfait Kabesha ran off and joined a militia.

After the gold rush

Toronto Star Online | December 7, 2014

Under the golden light of the setting Saharan sun, two types of workers shuffle between concrete huts on their way home, still bathed in sweat from a day in the mines.

ACR to commission gold mine in 2015

Zimbabwe Herald | December 7, 2014

African Consolidated Resources (ACR) will commmission its first gold mine in Zimbabwe in the second half of next year as the company steps up efforts to consolidate its presence in the country's gold sector.

SA’s biggest gold producers battle against loan sharks

Bloomberg | December 7, 2014

South Africa’s gold mining companies have started a fightback against money lenders who they say are preying on employees and damaging labor relations.

Vale may settle Simandou lawsuit

Frik Els | December 5, 2014
Vale may settle Simandou lawsuit

Rio Tinto is suing Vale for billions over allegations the Brazilian giant and its former partner illegally acquired the West African iron ore deposit, one of the richest prizes in all of mining.

Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

Cecilia Jamasmie | December 5, 2014
Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.

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