The mining charter was introduced to redress the exclusion of black people in the mining sector under apartheid.
Africa Mining News
President George Weah signed the Land Rights Act into law on Wednesday after four years of debate in the legislature.
The award of the Feasibility Study continues the partnership between DRA and SRG Graphite. DRA has been involved in the Lola project since the early stage, completing two mineral resource estimates and a preliminary economic assessment.
Botswana's economy is expected to expand by 4.5 percent this year.
Sibanye and Lonmin said in a joint statement they remained fully committed to the deal, which is expected to close by the end of the year.
Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output.
Companies including Glencore, China Moly and Randgold Resources Ltd. have criticized the new laws as violating their rights, as well as being a deterrent to future investment, and are continuing to lobby for it to be significantly modified.
The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers.
Ramaphosa revealed highlights of the plan at a Sept. 14 meeting and the full package should be announced at the Oct. 24 midterm budget.
Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies.
The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
Three-year wage deal may inch the country's gold industry a closer to ending a standoff over pay.
Johan Dippenaar has held the top position since 2005, when Petra merged with Crown Diamonds.
Kal Tire’s Gravity Assist System won the award in the category of International Mechanical and Technology Innovation
According to Lucapa, policy shifts in the southern African country allow management to plan for the sale of such high-value stones, something the company was not able to do before.
Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount.
The Canadian miner may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations.
The government considers minerals with the "strategic" designation important for the economic, social and industrial future of the country.
Congo’s updated mining code established the category of “strategic” minerals, to which a rate of 10 percent will apply.
The move makes the company the first mining major to request exploration permits in the country since President João Lourenço vowed to open up the sector and encourage foreign investment.
Implats is confident of having adequate cash while restructuring its operations and cutting its workforce despite reporting a wider full-year loss.
South African miner Gold Fields Ltd aims to extend the life of its Cerro Corona gold mine in Peru through 2040 with an investment of at least $240 million.
Democratic Republic of Congo's mines minister said that a new mining code signed into law that hikes royalties and taxes cannot be called into question.
The area will allow producers of electric vehicles, smartphones and other goods to “install themselves in the DRC".
The railway line stretches up to 861 km (534 miles) from iron ore mines at Sishen in the Northern Cape to the Saldanha port in the Western Cape.