Kumba Iron Ore to cut 490 jobs as rail crisis hits output, shares fall
Restructuring to impact 10% of Kumba's workforce.
Latest Stories
Gecamines plans overhaul of mining JVs in world’s top cobalt supplier
The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures
JSW Steel in talks with Whitehaven for coal mine stake
Whitehaven in January said it was exploring a potential sell-down of about 20% of its Blackwater mine.
Swiss January gold exports highest in six years on strong Asian sales
"Year of the Dragon" fuelled the jewellery demand as this is seen as a traditionally auspicious year for gold purchases in China.
Vale eyes more battery systems in its operations
Vale is looking at expanding the use of industrial batteries to power ports and mining sites.
First Quantum re-shuffles management at Zambian operation
The miner has lost more than half its market value since public protests against the Cobre Panama project started in October.
Offshore wind farms more vulnerable to cyberattacks – study
The complex architecture that connects offshore wind farms to the main power grid makes them more vulnerable to cyberattacks.
KoBold Metals expands Zambia footprint with Midnight Sun deal
KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner.
Osino-Dundee deal falls through after third-party superior bid
The new bid values Osino at $213 million and includes a $10m loan to fast-track the development of the Twin Hills gold project in Namibia.
