Africa Mining News

South Africa's mines minister aims for new mining charter by May

The charter's problem areas included raising the target for black ownership to 30 percent from 26 percent.

Operations restarted at Newmont's gold mines in Ghana -spokesman

Operations were shut down on Saturday following an accident in which six construction workers were killed.

ICSID rejects BSGR’s motion in battle over Simandou iron ore project in Guinea

The information was made public by The Wall Street Journal, whose journalists had access to a procedural order.

Six people killed at Newmont’s operation in Ghana

"Our priorities right now are to support the families of those who lost loved ones," CEO Gary Goldberg said.

More artisanal miners invade Grace Mugabe’s farm

The miners say they won’t leave unless president Emmerson Mnangagwa asks them to.

Platinum Group Metals Ltd. receives initial US$58m from Maseve mine sale to pay down debt

RBPlat is next to acquire 100% of the shares in Maseve, the holding company of the Maseve Mine.

Zimbabwe's top platinum miner warns listing rule to backfire

Impala Platinum Holdings Ltd. sees little interest in a listing among local investors.

Canadian miner expanding quickly in Mali

CanRos' CEO says western Mali has potential for discovering large gold deposits.

Och-Ziff deal isn't final yet as judge weighs `victim' Bid

An Och-Ziff unit is due to be sentenced after it pleaded guilty to participating in a bribery conspiracy to help acquire mining assets.

De Beers, Botswana seek fresh expansion of world's richest diamond mine

Debswana, the joint venture between De Beers and the Botswana’s government, is seeking permission to deepen the Jwaneng mine to 830 meters.

Zimbabwe wants mining companies to list on local exchange

Move aims at boosting investment and local ownership of the country's vast mineral resources.

South African court backs industry on black ownership

Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8% of the country's economic output.

New gold mine in Côte d’Ivoire declares commercial production

Ramp-up of operations at the Sissingué gold mine was completed ahead of schedule.

Post-Mugabe Zimbabwe mining rush leaves big producers behind

The government says mining commitments reached as much as $6 billion since Mnangagwa’s appointment.

Randgold's African mining acumen is being tested on all fronts

Randgold shares are now among the worst in the industry, sinking 20 percent so far this year.

Cradle Arc to boost copper output in Botswana from April

Copper producer Cradle Arc is increasing output to 12,000 tonnes per year at a Botswana mine it has restarted.

Murray & Roberts scores $313 million worth of new mining projects

South African engineering and construction group, currently subject of a takeover bid from Germany’s ATON, said projects were located in sub-Saharan Africa, North America and Australasia.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Randgold Resources Tongon mine in Ivory Coast hit by strike

Recurrent industrial action by the workforce of a subcontractor it's jeopardizing Tongon's 290,000-ounce production forecast.

Investment in Africa’s mining sector to rise: BMI

BMI presents the recent changes to the DRC’s mining code as an example of a situation that challenges all the parties involved, but that is very unlikely to cloud miners’ interest in venturing in the country.

Artisanal gold miners in Nigeria seek government help

They want to operate under conditions that allow them to take better care of the environment and contribute to the local economy.

Anglo American ordered to halt Brazil ops again after leak

A document by Brazilian environmental watchdog Ibama seen by Reuters said Anglo American would only be allowed to resume operations once it demonstrates the pipeline's security.

Illegal gold miners invade Grace Mugabe’s farm

Mugabe was touring the farm when she ran into the miners.

East Africa Metals and Luck Winner fail to agree on Ethiopian projects financing

“Despite the best efforts of both parties, negotiations failed to define a viable transaction," management said in a media statement.

Randgold reports record year

At year-end, the company had net cash of more than $700 million and no debt.