The goal is to extend the Botswanan mine life from 2026 to at least 2036.
Africa Mining News
Copper production reached a five-year high, more than offsetting output declines at Minas Rio in Brazil and Kumba in South Africa.
World’s top diamond producer by output Alrosa and China-owned Anjin are the two foreign companies chosen by Zimbabwe's government to partner the state-diamond miner in exploring and digging up diamonds.
The data comes from a recent report by the United Nations Conference on Trade and Development.
“The sequence of events that led to the closure of the mine will not recur under the watch of this government.”
The Responsible Mining Foundation says companies gain from strengthening their ability to ‘know and show.
The Canadian miner planned to lay off 2,500 workers due to higher mining taxes in the country, but has now decided to continue dialogue with the government over the issue.
The investing in African Mining Indaba show runs from February 4th to 7th in Cape Town.
The Yaramoko mine is situated in the Houndé greenstone belt region in the Province of Balé in southwestern Burkina Faso.
The World Bank sees South Africa's gross domestic product growing by 1.3 percent this year, an improvement from a forecast of 0.9 percent for 2018.
Sibanye said it had received AMCU's demands and that they were being considered by management.
The announcement comes amid a tax dispute between the state and Acacia Mining Plc.
"It is like when you look in your closet on a morning and you only look for pants"
Bloomberg speculated two South African firms could combine to create 6 million ounce per year producer as merger fever grips the gold mining industry.
Jervois, which has applied for a prospecting licence in Tanzania, says the deal would complement its efforts to establish a presence in east Africa.
Company said the output decline was a consequence of a week-long strike at the Mali operation.
Piran Resources is part of Pella Resources, an Africa-focused natural resource and energy group.
While company denied media reports that it had sold Lumwana, it said that given the challenging conditions the mine was facing in Zambia, all options would have to be considered.
But only sliver of funds raised destined for mining and metals
Glencore tightened its grip by appointing new executives and entering a management services contract to run its troubled Congo copper and cobalt unit.
Mali's industrial production of gold rose 23 percent last year to 60.8 tonnes, Mines Ministry spokesman Boubacar Sissoko said on Friday.
This week, the country’s parliament voted to extend a state of emergency that has been in place since Dec. 31, by six months – following a string of terrorist incidents in several northern provinces, included the recent murder of Canadian geologist, Kirk Woodman.
Company has agreed to buy BHR Newwood DRC Holdings Ltd, a holding company set up by private equity firm BHR to buy a 24% stake in the Congo mine in 2017.
Based on answers from 51 senior executives, lawyers White & Case say that trade tensions are the second largest challenge for the mining industry in 2019 and reveal what the underlying full-picture looks like.
TLT-Turbo has concluded the consolidation of several South African based operations.