The strike, involving more than 3,000 workers, started Friday afternoon to protest the gold miner’s plan to cut jobs.
Africa Mining News
"There is absolutely no way any company in the world could assure its consumers that the cobalt in its products is not tainted by child labour."
Power restoration has started but it will be gradual.
The market may see the wave of consolidation we’ve been waiting for - Michael Siperco, analyst at Macquarie Capital Markets.
Shares in Sibanye-Stillwater hit a monthly low on Thursday, down 13.28 percent.
TechMet Ltd., which controls just a handful of assets from Canada to Rwanda wants to help challenge China’s domination of the nascent industry.
The National Union of Mineworkers (NUM), which represents around 80 percent of the employees at the mine, will down tools on Friday.
"Our vision is to be the world's leading uranium company" - Ni Tao deputy manager of China National Uranium Co Ltd
The company had run out of critical consumables and spares required for its mines, forcing the shutdown
Implats plans to trim staff by about a third -- more than 13,000 jobs -- over two years at its Rustenburg platinum belt.
Randgold plans to sweeten its 2018 dividend by 35%, to $2.69 per share from $2, and pay it before the merger closes.
So far in 2018, Gem has found thirteen diamonds over 100 carats, two of which were found in the third quarter.
Epiroc and Kimberley Ekapa Mining are working together to digitize the latter’s diamond operations.
Increased grades expected in Q3 and Q4 of this year.
The southern African nation is pushing the metal as a major draw for investors as it looks to attract capital to its mining sector following the ousting last year of former president Robert Mugabe after almost four decades in power.
Rio and Chinalco have decided to explore other options to realize value from the project.
Zimbabwe's mining industry is facing “severe viability challenges” because of the shortage of hard currency
Alrosa has joined rival De Beers' Tracr industry blockchain traceability platform, aimed at clearing the supply chain of imposters and conflict diamonds.
The Africa-focused miner sold a 68-carats white diamond for just under $1 million, which became its third most valuable stone to date.
Villagers living around the Marange diamond fields would benefit.
Investment in South Africa on the rise
The production forecast has been revised to 230,000 ounces of gold for this year.
While Kibali has been a crowning achievement for Randgold, it’s set to challenge Mark Bristow's trouble-shooting skills even before he takes over as CEO of the enlarged company.
Rules threaten the diamond and uranium producer's ability to attract investment.
Glencore's copper production rose to 1,063,100 tonnes from the start of this year and cobalt output jumped 8,700 tonnes to 28,500 tonnes.