Political shifts lift investor mood in southern African mining
Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for the better in the space of a year.
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African gold miner Endeavour would rather be agile than huge
Endeavour Mining Corp. one of the fastest-growing gold producers in Africa, says bigger isn’t always better.
Zimbabwe to consider waivers on platinum, diamonds ownership law
Nation to consider applications from platinum, diamonds mining companies exempted from requirement that they be at least 51 pct owned by black citizens.
Copper steadies, iron ore price climbs on blockbuster Chinese imports
Chinese traders chase copper concentrate and iron ore cargoes lifting January import volumes 25% and 19% over already record-breaking 2017.
South Africa’s Gold Fields says headline earnings to fall up to 12 pct
The miner flagged headline earnings per share of $0.23 to $0.26 per share for the year ended Dec. 31, 2017.
Mining boom delivers record resource export revenues for Australia
Trade data from AUS Bureau of Statistics has confirmed importance of the mining industry to Australian economy and continuing benefits of the mining boom.
Coal buyers spooked by Indonesia’s new shipping rules
Indonesian coal buyers holding back orders of fuel after government issued new shipping rules for coal and crude palm oil that restricts exports to vessels.
Vedanta hit by iron ore mining halt in Goa
Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.
Ivanhoe boss said he’d pay higher taxes in Congo if it benefits locals
Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting of those royalties.
