Africa Top Stories

Amplats CEO to be most powerful woman in precious metals mining

When Natascha Viljoen takes over as CEO of Anglo American…

Exxaro to sell Leeuwpan and Exxaro Coal Central

South African coal miner said the assets were not seen…

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US$5 billions worth gold reserves discovery in Ethiopia

The National Mining Corporation (NMiC), an Ethiopian private company, announced the discovery of the largest ever gold and base metal reserves in Oromia and Tigray regional states. NMiC estimates that the 550,000 kg gold reserve at Dawa Okote, in Oromia Regional State is worth almost $US 5 billions.

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African Barrick Gold Mine faces multimillion dollar suit

Afrcan Barrick Gold (ABG) faces a multimillion court battle following its draconian decisions taken two years ago to freeze payments to Mwanza based firm, Simba Pipe Line, under the allegations of frauds. In 2009 ABG suspended all suppliers who were...

De Beers, EU have cases to answer — Tomana

ATTORNEY-GENERAL, Mr Johannes Tomana, strongly believes world leading diamond company De Beers and the European Union have cases to answer for smuggling diamonds out of Zimbabwe and imposing illegal sanctions on the country respectively. In an intervie...

London Mining delays first Marampa shipment

The miner has delayed the first shipment from its Marampa iron ore mine in Sierra Leone to January to allow it to use larger supramax sized vessels instead of handymax sized vessels.