Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.
Africa Mining News
CHART: Baltic Dry Index has plummeted 32% since December, opening up huge gap to closely correlated industrial metal prices.
Deteriorating and inadequate infrastructure at the mine, high operating costs, such as rising electricity, labour costs, and a low gold price.
Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two earlier attempts.
The global economy is booming and demand for precious jewels, particularly colored gemstones, has never been higher.
Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.
A 20-year friendship that helped turn Dan Gertler into a billionaire has left the Israeli businessman with a lot fewer places to go.
A test sale was conducted and, according to the Minister of Mines, it was a total success.
This year’s Corruption Perceptions Index highlights that the majority of countries are making little or no progress in ending corruption.
Miner is advancing a pipeline of projects expected to contribute more than 1 million ounces of annual production starting in 2021.
The unit of Anglo American intends to mine as much as 36 million carats this year, up from 33.5 million in 2017.
Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.
That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.
Security, both physical and cyber security, is a top priority for any organization, especially in light of the year-on-year rise in cyber-crime. However, for certain industries, not having the proper security measures in place can put more than just the company’s reputation on the line. The Oil, Gas, and Energy industries are prime examples of such verticals.
Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.
The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
The first priority for any mine is keeping workers who are under the influence of drugs and alcohol off the site. However, to manage and reduce incidents of abuse, a broader understanding of the causes and a holistic strategy to address them, is needed.
Tanzania is seeking to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.
Barrick Gold’s Chief Innovation Officer, Michelle Ash, will become the new Chair of GMSG in May 2018.
Obuasi is expected to start gold production by the third quarter of 2019.
The President has 15 days from the time parliament sends him the bill to either sign it into law or return it to parliament for further deliberation. If he takes no action, the bill automatically becomes law.
The DRC's attempts to extract more from cobalt will unleash a wave of unintended consequences, none of which will be positive for the government in Kinshasa.
SA mining companies agreed to postpone a legal challenge to the government’s new industry rules after Ramaphosa said he’s committed to finding a solution.
Glencore and Randgold are clubbing together in a bid to stop sweeping legal reforms, claiming their interests were poorly served by the industry body.