Africa Mining News

The mania for cobalt has begun

The electric vehicle revolution will continue to reinforce the unquenchable demand for cobalt.

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.

Mick Davies' X2 Resources fails to deliver, frees investors from commitments

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.

Rangold looking to the future in Mali

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.

Botswana Diamonds finds octahedron in sample material at Orapa

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.

Anglo American soars on positive production report

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.

Mining robots key to colonizing Mars — Elon Musk

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.

Randgold continues to invest in development of Côte d'Ivoire's potential

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.

Gold Fields to spend $1.4 billion prolonging Ghana mine life

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.

South African union reaches tentative wage deals with platinum trio

AMCU has been demanding pay hikes of more than 50% for its lowest paid members and a 15% hike for its higher paid members.

Acacia Mining soars after revising gold output forecast up

Stock climbed 12.94%, closing the session at 529p.

Congo takes Freeport, Lundin to court over sale of Tenke Fungurume

The Congo mine, which cost $3 billion to build, holds one of the world’s largest known copper resources.

Africa's first Fairtrade certified gold co-operative offers hope to gold miners living in poverty

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.

UAE Kimberley Process Chair visits Uganda to garner support for the Global Initiative

Bin Sulayem meets with Uganda’s Office of the President and Ministry of Energy and Mineral Development to discuss Kimberley Process.

Congo’s cobalt production set to soar despite claims of child labour

Last year, the country's cobalt production accounted for just over half of the world's output.

Kibali delivers progress despite challenges

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.

Controversy surrounds South African coal mine

Atha-Africa's Yzermyn project sits in the Mabola protected area.

Kimberley Process chairman wants UN involvement in supervising global diamond trade

Ahmed bin Sulayem says a well-structured permanent body able to take over the work currently done by volunteers is urgently needed.

Harmony Gold bullish on cash flows as it reports increased output in Q3

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 pulls out of $279 million Norilsk nickel-mine deal

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).

CEO Gary Goldberg dishes on Newmont Mining's aggressive investment program

"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."

Konkola Copper Mines shuts smelter

Senior management is allegedly not happy about recently announced expenses.

DiamondCorp’s troubles continue

The company was issued a shutdown notice for its Lace project in South Africa's Free State province.

Illegal miners refuse to leave AngloGold’s Obuasi operation

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's mining industry: reassessing its chartered course

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.