October 7, 2011

Zambian miners strike Chinese-owned mines

Copper miners in Zambia are joining their counterparts in Indonesia in demanding a rise in pay. The Wall Street Journal reports hundreds of miners at Chinese company Sino Metals downed…

October 7, 2011

Avion Q3 gold output misses own view, cuts 2011 outlook

n"Oct 7 (Reuters) - Avion Gold Corp said third-quarter production at its mines in Mali, West Africa was below expectations, as technical difficulties and heavy rains led to lower grade…

October 7, 2011

Diamond dividends add sparkle to state coffers

THE Namibia Diamond Trading Company (NDTC) has paid dividends of N$40 million to Government, bringing the total amount of state dividends this year to N$100 million. To date, the NDTC…

October 7, 2011

Avion Announces Q3 Gold Production of 21,700 Ounces

TORONTO, ONTARIO--(Marketwire - Oct. 7, 2011) - Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF) ("Avion" or the 'Company') is pleased to announce third quarter of 2011 production of approximately 21,687 ounces of gold…

October 6, 2011

Semafo Q3 sales rise on higher gold output

Semafo Inc's third-quarter revenue jumped 19 percent, helped by higher gold output at its Mana mine in Burkina Faso, west Africa.

October 6, 2011

Comminution company sees market boom in Africa

The demand for mining and aggregate processing technology in Africa is increasing steadily, owing to increased foreign investment and the subsequent need for secondary infrastructure.

October 6, 2011

Zambia lifts metal export ban

Reuters reports Zambia has lifted a ban on metal exports just two days after imposing it to sort out revenue collection and increase transparency in Africa's top copper producer, a…

October 5, 2011

Richards Bay Coal Terminal CEO quits

Richards Bay Coal Terminal (RBCT) CEO Raymond Chirwa has resigned. RBCT chairperson Imogen Mkhize said in a statement that RBCT’s GM Alan Waller would act as RBCT CEO until further…

October 5, 2011

Mining surge to increase DRC’s power deficit

The Democratic Republic of Congo would see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry, the country's national…

October 4, 2011

Metorex hits record with 15% increase in quarterly copper production

Metorex Limited (JNB:MEMTX) reached a new high in quarterly copper output, with production rising by 15% to 15,202 tons. Cobalt output rose by 11% to 942 tons.