Amplats earnings jump, warns against unsustainable wage hikes

Implats will release its annual financial results on Sept. 5.

The 54 carat intense fancy yellow, sawable diamond will be sold in September.

Improved results add pressure on majority shareholder, Barrick Gold, to revise its low-ball takeover offer ahead of Tuesday's deadline.

The asset in Senegal could fetch a value of about $500 million.

Barrick's proposal to take full control of its African unit to resolve a long-standing tax dispute with Tanzania has drawn the ire of Acacia's minority shareholders.

The report identifies agricultural cooperatives as an alternative to artisanal mining.

The shake-up of the top tier of gold mining happened before the mega mergers closed.

Zambia is Africa's second-largest copper producer, with copper mining accounting for around 70% of foreign currency earnings.

Illegal miners will be removed from the site of the Glencore project where at least 43 died last week.