May 27, 2020

Pandemic to worsen copper glut in coming months

IWCC expects global copper surplus to hit 285,000 tonnes this year and 675,000 tonnes in 2021.

May 26, 2020

Pandemic to cut S.Africa’s mining output by 8-10%

Harmony Gold CEO Peter Steenkamp said it would take a month for its mines to fully ramp up.

May 25, 2020

AngloGold reports more covid-19 cases at Mponeng

World’s deepest mine shuttered after 164 covid-19 cases reported.

May 25, 2020

“Evidence” against Vale in Simandou case may hinder $2bn award

Billionaire Beny Steinmetz claims to have fresh evidence that will help him reverse a $2bn arbitration award to Vale.

May 25, 2020

Tanzania allows Barrick to ship gold concentrate

The containers had been withheld at Dar es Salaam Port for three years due a tax dispute with Barrick's former local subsidiary.

May 24, 2020

Workers at China Moly’s Congo mine end one-day strike over covid-19

The workers agreed on a compromise with management over compensation for working in isolation for two months due to the covid-19 pandemic.

May 24, 2020

AngloGold shuts S.African mine after finding 164 coronavirus cases

The mine reopened in April and had been operating at around 50% capacity.

May 22, 2020

Mining billionaire gets help from ex-spies in bitter legal fight

The Black Cube operation represents the latest escalation in a bitter fight between Vale and billionaire Beny Steinmetz.

May 22, 2020

Anglo American explores South Africa coal sale alongside spin-off

CEO Mark Cutifani previously said the company had already received interest from potential buyers both inside and outside of South Africa.

May 22, 2020

China Moly’s Congo copper-cobalt mine expects stable output this year

In 2019 Tenke Fungurume produced 177,956 tonnes of copper and 16,098 tonnes of cobalt.