Africa

China's inland mills could be in market for 300mt seaborne iron ore

Frik Els | October 15, 2014
China's inland mills could be in market for 300mt seaborne iron ore

New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives.

JSW Steel close to acquiring London Mining

Andrew Topf | October 12, 2014
Takeover 333

JSW Steel has almost clinched a deal that would see India's third-largest steel company acquire embattled London Mining (LON:LOND), sources close to the negotiations revealed on Friday.

Illegal gold miners face arrest

Times of Zambia | October 12, 2014

Energy and Water Development Minister Christopher Yaluma says security wings have managed to trace some illegal gold miners and dealers on the black market in the ongoing investigations.

Zambia launches major overhaul of mining tax, increases royalties

Cecilia Jamasmie | October 10, 2014
Zambia launches major overhaul of mining tax, increases royalties

Underground mining royalties will go up from 6% to 8%; underground taxes now 20%.

ContiCoal gets 'offers' for SA mines

Miningmx: Headline News | October 10, 2014

The fog hanging over the South African assets of Continental Coal may clear in the next few days in the wake of 'offers' for the mines.

Rockwell signs $7.2m BEE deal, mulls growth

Miningmx: Headline News | October 10, 2014

Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.

Centamin shares jump on Sukari gold mine results

Cecilia Jamasmie | October 9, 2014
Centamin shares jump on Sukari gold mine results

The firm mined 93,624 ounces of the yellow metal in the three months to end September and it also maintained its full-year production forecast of 420,000 ounces of gold.

Iron ore war: Rio Tinto ‘not standing still’ over BHP’s production boost

Cecilia Jamasmie | October 9, 2014
Iron ore war: Rio Tinto ‘not standing still’ over BHP’s production boost

The head of the iron ore division, Andrew Harding, defens Rio's own plans to ramp up ore production.

Hundreds of Canadians lifesavings down the drain as ‘God’s’ gold venture fails

Cecilia Jamasmie | October 9, 2014
Hundreds of Canadians lifesavings down the drain as ‘God’s’ gold venture fails

Investors claim Liberty International Mineral Corporation CEO has cut off all contact with most of the people who invested at least Cdn$18 million in his company.

Cutifani says tough decisions needed to restore credibility

Cecilia Jamasmie | October 8, 2014
Cutifani says tough decisions needed to restore credibility

Anglo's chief warned the company plans to take severe measures over the next two years.

Rio Tinto’s $3.7bn Mozambique coal business sold for $50m

Cecilia Jamasmie | October 8, 2014
Rio Tinto’s $3.7bn Mozambique coal business sold for $50m

Transaction marks the end of a dreadful venture for the mining giant.

Glencore doesn't give up on Rio Tinto, seeks to create largest mining company

New York Times | October 8, 2014

It’s good to be Ivan Glasenberg’s neighbour.

London Mining shares ‘worthless’ due to funding fears

Cecilia Jamasmie | October 8, 2014
London Mining shares ‘worthless’ due to funding fears

The iron ore miner warned Wednesday that its shares now had "little or no value."

KEFI to mine for Gold in Ethiopia

KEFI Minerals | October 7, 2014

KEFI Minerals (AIM: KEFI), an emerging gold miner with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to announce that it has reactivated the Mining Licence Application (“MLA”) for its Tulu Kapi gold project in Ethiopia, which had been suspended in mid-2013 by the previous owner of the asset.

RPM to lead partner presence at SAP Mining and Metals Forum with talk on disruptive technologies in mining

Runge Pincock Minarco (RPM) | October 7, 2014

Speaking at a 300-plus delegate event in Germany RPM’s CEO, Mr. Richard Mathews said there is an ongoing productivity Transformation in mining, which is set to challenge conventional thinking.

Rio Tinto faces day of defiance by thousands of workers

IndustriALL Global Union | October 6, 2014
Rio Tinto faces day of defiance by thousands of workers

Mining giant Rio Tinto will face protests around the world on Oct. 7, in a coordinated day of defiance by thousands of its employees.

Iron ore war: BHP to be cheapest supplier, Glencore says it’ll hurt Africa

Cecilia Jamasmie | October 6, 2014
Iron ore war: BHP to be cheapest supplier, Glencore says it’ll hurt Africa

While BHP gets ready to further expand iron ore output, Glencore's Glasenberg warns the move will make investing in African iron ore a less appealing prospect.

Zambia tells Glencore mine closure, lay-offs ‘illegal’

Cecilia Jamasmie | October 6, 2014
Zambia tells Glencore mine closure, lay-offs ‘illegal’

Zambia’s mines minister says the company has not officially communicated the government its intentions as required under the country's law.

U.S. threatens Zimbabwe with further sanctions over $3B platinum mine

Andrew Topf | October 5, 2014
Mugabe

The United States is wagging its finger at Zimbabwe, threatening to ratchet up sanctions over a plan to develop a platinum mine involving Russian and Zimbabwean companies.

Glencore now idles zinc mine in Zambia over tax refund row

Cecilia Jamasmie | October 3, 2014
Glencore now idles zinc mine in Zambia over tax refund row

The company is cutting 169 jobs at the mine.

BHP Billiton Donates US$400,000 to Ebola Response in West Africa

BHP Billiton | October 3, 2014
BHPThumbnail

In response to the widespread devastation caused by the Ebola outbreak in West Africa, BHP Billiton Sustainable Communities has donated US$400,000 to the Pooled World Health Organisation (WHO) Ebola Response fund.

Cecilia Jamasmie

Gold prices hurting miners? Throw Ebola into the mix

Cecilia Jamasmie | October 3, 2014
Gold prices hurting miners? Throw Ebola into the mix

Deutsche Bank warned Friday that gold producers are the most vulnerable to a further spread of the deadly disease.

Tango Gold acquires mining and related assets in South Africa

Marketwired | October 1, 2014

The Canadian junior has entered into an arms-length definitive acquisition agreement with private South African companies.

Amara Mining's Ivory Coast gold mine to start production in 2017

Reuters | October 1, 2014

Amara Mining will invest $400 million over the next two years to build one of Africa's largest gold mines at its Yaoure property in Ivory Coast with production due to start in 2017.

Glencore halts copper projects in Zambia over tax row

Cecilia Jamasmie | October 1, 2014
Glencore halts copper projects in Zambia over tax row

The standoff marks a major setback for the miner, which is in the process of upgrading its copper assets in Zambia hoping to increase output by at least 50% by 2017.

In pictures: Guinea's artisanal gold miners

bbcnews | September 30, 2014

See how the precious ore is hacked and shovelled from pits and tunnels, while miners deal with the unregulated use of highly toxic mercury.

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