June 15, 2020

Gold and iron ore are doing equally well. Their miners are not

Shares in Rio Tinto are down 4.8% so far this year. Stock in BHP is down 9.6%.

June 15, 2020

Kinross Gold boosts position in Mauritania

In-principle deal with the government would give Kinross a 30-year exploitation licence for Tasiast Sud.

June 15, 2020

DRC gold worth billions being smuggled out, says UN

While international regulations have succeeded in limiting the export of conflict minerals, illegal gold trade continues to support warlords.

June 12, 2020

Top miners in good position to weather covid-19 – report

PwC forecasts that miners will take a hit to EBITDA of approximately 6% in 2020.

June 12, 2020

Congo miners may breach rights with virus controls

Most of Congo’s mines have continued to operate amid the pandemic.

June 11, 2020

Harmony expects to be at full production by mid-July

Deep-level mines were restricted to operating at 50%.

June 11, 2020

A massive labor migration is starting in post-lockdown Africa

The producers have contracted labor consultant TEBA to transport 14,000 foreign workers back to the mines.

June 11, 2020

South Africa mining output drops most in 39 years

Total production decreased 47.3% from a year earlier.

June 11, 2020

Rwanda says it is open for mining business

The Mines, Petroleum and Gas Board said mining is key to boost the country’s recovery from the impacts of the covid-19 pandemic.

June 10, 2020

Mali gold mining revenue boosted by strong output

State revenue from gold mining companies in Mali surged 63.5% to $702 million in 2019 compared with 2018.