Africa Mining News

Top Sibanye holders are said to indicate support for Lonmin deal

The deal requires more than 50 percent approval in a vote by Sibanye investors, in addition to Lonmin’s shareholders’ approval.

Zimplats FY profit tumbles after higher deferred tax charge

Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge.

Special Report: The platinum opportunity – part 1

Over the past six months, platinum’s price has continued its multi-year decline, falling below $800 – close to its lowest level in a decade.

AngloGold's Guinea mine resumes operations after one-day strike

Operations have resumed at AngloGold Ashanti's Siguiri gold mine in Guinea

Congo's H1 copper production rises 8%, cobalt output up 38%

Congo is Africa's top copper producer and the world's leading miner of cobalt, which is a key component in electric vehicles and other electronic products.

Worker strike halts operations at AngloGold's Guinea mine

A strike at AngloGold Ashanti's Siguiri gold mine in Guinea has halts operations.

Construction begins at Botswana's first privately-owned coal mine

Botswana's Minergy Limited said on Wednesday it has started construction at its Masama Coal Mine, which is set to be the country's first privately-owned coal mine, following government approval.

Lucapa confident of lifting its diamond success rate in both Africa and Australia

Diamond producer, ASX-listed Lucapa Diamond Company Limited (LOM) says the Company has begun to “shine bright” in the world of Special diamonds.

South Africa Mining Charter expected by November, Mantashe says

South Africa plans to publish a final version of its new Mining Charter for implementation by November.

China exporting alumina again as soaring prices upend market

Contracts to export over 140,000 tonnes of alumina from China were signed in July amid a favourable price arbitrage.

Acacia Mining searches for chairman as Dushnisky leaves for AngloGold

Kelvin Dushnisky, who leaves Acacia and its parent company Barrick, assumes as South Africa’s AngloGold Ashanti (JSE:ANG) new boss next week.

Anglo American Platinum chooses WSA for cost-efficient environmental compliance

Anglo American Platinum has signed a contract for Topsoe’s world-leading Wet gas Sulfuric Acid (WSA) sulfur emissions control technology for their platinum smelter facility in Polokwane, South Africa. The WSA technology ensures compliance with environmental regulations and offers a perfect match to the often challenging requirements of metallurgical smelters and roasters and is a proven and cost-efficient technology to control sulfur emissions and produce commercial-grade sulfuric acid that can be sold.

Amplats taking steps to control emissions from South African platinum smelter

The Polokwane smelter is becoming environmentally friendlier.

Liberia set to secure ancestral land rights with long-awaited law

Liberia's Senate passed the Land Rights Bill last week after four years of debate. The law recognises customary land rights as equal to private ownership.

Fueling a town with waste

In Benin, six tonnes of organic waste are turned into biogas every week.

Sibanye says union wage demands may lead to more closures

The country’s gold production fell for a ninth straight month in June as rising costs, aging infrastructure and accidents affect profit and output.

China’s Sichuan Road to mine copper in Eritrea starting in 2019

The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.

Sibanye-Stillwater eyes bullion assets after swinging to profit

Sibanye-Stillwater will look for growth in the bullion sector once it has improved its debt levels and outlined a blueprint for improving safety at its gold operations.

Botswana Diamonds partner granted exclusive access to concession in Zimbabwe

Vast Resource is expected to carry out an initial assessment of the Heritage Concession, in the Marange Diamond Fields area.

South African watchdog approves Glencore's bid for Chevron assets

Deal is for Chevron's local and Botswana assets.

DRC miners form new body to fight mining code

The Mining Promotion Initiative's main goal is to engage the government on industry concerns about the country’s new mining code.

Chinese firm launches $832m Zambia copper mine

NFC Africa, majority owned by China Non-ferrous Metals Company Limited launched output at a new $832 million Zambian copper mine, extending the firm's lifespan by over 20 years.

Zambia copper output up 10.6% in first half of 2018 – central bank

Stable power supply and relatively higher metal prices prove beneficial to Zambia's copper industry.

Gold output in key countries to slump to ‘generational’ lows — report

Bullion production grew for nine consecutive years to reach an all-time high in 2017.

World mine copper production up 5.7% in the first five months of 2018

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