Africa Mining News

GoviEx Uranium granted the Agaliouk exploration permit in Niger

New permit is adjacent to the company's Madaouela Project and increases its total measured and indicated resources by approx 12% to 110.76 million pounds.

What people think of globalization, by country

More than in the past, the population is divided on whether globalization is a force for good or not.

Giant diamond sells for $33.7 million

Mounted in a diamond and emerald necklace, the white, matchbox-size rock was acquired by an unidentified buyer.

Ink from ancient Egyptian papyri contains copper

The pigments were likely obtained as a byproduct of sulfurous ore smelting.

Lucapa finds another large diamond at its Lulo mine in Angola

It's the eighth diamond of over 100 carats recovered this year, and the seventh in just 2.5 years of commercial mining.

Former Xstrata CEO Mick Davis may become Rio Tinto new chairman

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

Strike shuts down Harmony's Kusasalethu gold mine

Starting on Friday, workers did not go work in protest for the firing of six leaders of the Association of Mineworkers and Construction Union.

Second large diamond in a year unearthed in Sierra Leone

Another huge diamond has been released from the Earth's clutches following an astounding discovery in the West African country earlier this year.

South Africa's NUM says coal strike to begin on Nov. 19

The planned strike in the coal sector could affect power supply in Africa's most industrialized economy, as about 85 percent of electricity is generated from the fossil fuel.

Globe Competency Assurance enters Strategic Partnership Agreement with OzMozis Limitada (Mozambique)

Globe CA have entered a strategic partnership agreement with OzMozis Lda in Mozambique.

Sibanye-Stillwater reaches wage deal with unions at Kroondal mine

The three-year wage agreement was signed by all three unions, the company said.

Deaths spike in South Africa's deep and dangerous mines, reversing trend

Fatal accidents last week raised number of fatalities in 2017 to 76, above the 73 reported in 2016, South Africa’s Chamber of Mines said in a statement.

B2Gold to kick commercial production at Mali mine earlier than planned

The Fekola mine will add up to 410,000 ounces of gold to the company's annual output.

Chinese battery maker CATL eyeing upstream cobalt investments

China needs to ease its reliance on the Democratic Republic of Congo.

Glencore's big Congolese bet carries plenty of risk

Journalists shed more light on Glencore's activities in Congo, including 2009 loan to entity affiliated with controversial Israeli billionaire Dan Gertler.

Congo mining output rises, central bank warns of inflation risk

Rising mining production should help ease some of the economic problems in Congo where inflation is expected to hit 48 percent this year.

AngloGold cash flow, output jump in third quarter

South African gold miner said it’s on track to meet 2017 guidance.

Lucara Diamond readies for $195 million expansion of Karowe mine

Results of a preliminary economic assessment have revealed the potential for the development of an underground mine at the company's mine in Botswana.

Namibia's economy to grow faster in 2017 as mining bounces back

The country's mining sector is emerging from years of contraction and the impact of recent severe drought eases, the finance minister said on Thursday.

Lower Q3 and Mali tax row take the glow off Randgold

Miner said full-year profit and output was on track despite a third-quarter dip, but its shares slid to a three-month low after its CEO did not rule out seeking arbitration over a tax dispute in Mali.

Acacia Mining top execs. quit amid ongoing dispute with Tanzania

The Tanzanian gold producer, majority owned by Barrick, has been locked in a months-long dispute with the local government.

Rio Tinto throws its weight behind Africa as mining central

Africa largest untapped source of growth for industry and would provide huge opportunity, says Rio Tinto's chief executive of energy and minerals.

Sibanye-Stillwater shuts down Cooke gold mine, about 7,000 laid off

Company said it would keep its Beatrix West gold mine running for as long as it makes a profit, on average, over any continuous period of three months.

Solid demand for large stones boosts Gem Diamonds sales

The company has found six diamonds larger than 100 carats in the first nine months of the year, compared with just four throughout 2016.

More than 2,000 miners sacked at Sibanye’s Cooke gold mine

Miners who received a termination letter will hold a mass meeting at the mine Wednesday morning.