Data shows West Africa has the biggest growth rate in the yellow metal’s resources in the world.
Africa Mining News
The discovery comes less than a month after Petra found a 100.83 carat gem-quality diamond at the same mine.
The company has increased its overall reserves by 6%, net of mining depletion.
Recent exploration in Southern Madagascar has identified the Ampanihy structure zone as what could soon become a global hub of battery-suitable graphite.
South African mining companies are challenging parts of a government charter aimed at redistributing the country’s mineral wealth, saying it will deter new investment in the industry.
The Africa-focused diamond miner said current market conditions didn't support expansion project at the Lesotho mine.
Work is scheduled to begin in the June quarter, with first gold expected in the second half of 2020.
Sibanye Gold Ltd. has decided that it won’t extend the life of Driefontein, once the biggest mine on the continent.
Companies have requested a judicial review of South Africa's 2018 mining charter to change clauses related to transactions made in the past to increase black ownership.
The precious metals producer is looking into opportunities in gold and the battery metals sectors.
Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.
In its current form, the epidemic won’t impact the nation’s cobalt production, as the vast distance from the Katanga region largely prevents its spread, says global risk consultancy Verisk Maplecroft.
It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.
The key risks identified include lack of adequate community engagement and mining companies entering revenue-sharing agreements with select members of the community.
Lonmin Plc has been cutting spending to conserve cash and retain a positive balance sheet required by conditions of South Africa-based Sibanye's offer.
The company is sufficiently confident Zimbabwe will recover from its problems to re-invest on a modest scale.
On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.
AngloGold Ashanti's joint venture Sadiola mine expects its gold output to drop by 50% this year.
Vedanta has appointed Christopher Sheppard as the new chief executive officer for its Zambian unit Konkola Copper Mines.
The problem, says Amnesty, is that no country legally requires companies to publicly report on their cobalt supply chains.
South Africa's labour court has ruled that the extension of a wage agreement to cover all gold unions and non-unionised employees of Sibanye-Stillwater is valid and lawful.
The diamond miner said the appointment of a new chair was "not appropriate" at this time.
The company has poured its first dore bar from its Ity carbon-in-leach project four months earlier than planned and under budget.
The company has suspended production pending investigations.
The staggered power cuts are crippling businesses and leave roads gridlocked in cities throughout Africa’s most-industrialized economy.