OceanaGold reports 2019 guidance and exploration budget
OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.
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South Africa’s Mining Charter III threatens livelihood of alluvial diamond mining industry
The Mining Charter III (MCIII) heaps more pain on South Africa’s alluvial diamond producers who already face enormous cost burdens and high risks.
Firestone Diamonds output down on technical issue at Lesotho mine
The company, which operates the Liqhobong diamond mine in Lesotho, said it recovered 224,947 carats in the three months through December, down from 240,733 carats in the first quarter.
Gold miners get their mojo back as giant deals revive allure
After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.
First Quantum is said to offer $700m for Zambia mine
The deal would also include ZCCM-IH dropping a $1.4 billion legal claim against First Quantum over a loan the company received from Kansanshi.
South Africa’s EFF party says in election manifesto to nationalise mines
The party is using an anti-corruption, jobs creation and state control of the economy platform to challenge the governing African National Congress (ANC) in the upcoming election.
Zimbabwe looks to alleviate foreign currency shortages -mines minister
"At the end of the day it is an issue of balancing the needs of investors with the needs of the country"
Africa Mining Indaba: Dam safety, Zambia taxes, Ford on cobalt
Executives, investors and government officials met in Cape Town at the African Mining Indaba, the continent’s biggest gathering of one of its most essential industries.
Visualizing corruption around the world
Growing levels of public sector corruption can stifle a country’s economic growth while also chipping away at political freedom.
