Former leader Robert Mugabe will have to answer questions next month about whether the state was deprived of $15 billion in diamond revenue.
Africa Mining News
The strike at the company’s Loulo and Gounkoto mines is related to the payment of bonuses and will continue until the issue is resolved.
The world’s top diamond miner will train artisanal and small-scale miners and provide them with tablets as well as a diamond “toolkit” to digitally track their stones throughout the supply chain.
Revenue in the first quarter slumped almost 50% due mainly to reduced operations at its flagship Bulyanhulu gold mine.
A planetary “embryo” gave origin to the meteorite fragments that form the Almahata Sitta collection.
Eskom supplies around 95 percent of South Africa's electricity, predominantly by burning coal.
M&R rejected the bid saying it undervalued the company.
Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.
The Moti Group would be open to listing the stock in its operation provided it makes “business sense and has a strong rationale behind it.”
Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.
The Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks.
The accident has been reported by different local websites.
Zimbabwe is looking to sell shares in 35 state-owned firms, including telecoms and mining entities.
The price of zinc fell to a four month low on Thursday – there's much more pain to come says new report.
There were cases of displacement of communities, workers subjected to unsafe conditions, as well as soil, water and air pollution.
In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies, billionaires Oleg Deripaska and Dan Gertler.
Thieves broke into Harmony Gold Mining Co.’s Kalgold mine Tuesday morning and stole 12 kilograms (386 ounces) of the precious metal.
The company raised prices a similar amount in its previous sale at the end of February.
Timis's Pan African Burkina Limited (PAB) acquired the rights to the Tambao mine, which it says holds 100 million tonnes of manganese reserves, in June 2012.
Recovered from the Karowe Diamond Mine located in Botswana.
When it was placed under liquidation, Tati had incurred a cumulative loss of 1.6 billion pula ($165 million) and owed creditors one billion pula.
Vedanta could accelerate expansion of its African zinc operations to take advantage of strong prices.
The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.
The charter's problem areas included raising the target for black ownership to 30 percent from 26 percent.
Operations were shut down on Saturday following an accident in which six construction workers were killed.