November 6, 2019

Anglo American says Eskom a major risk as it mulls growth

Eskom, which produces about 95% of South Africa’s power, has been forced to implement rolling blackouts that caused economic output to contract the most in a decade in the first…

November 6, 2019

Barrick’s profit nearly triples, but sees flat production for next five years

The world's second largest gold miner sees output reaching 5.15 to 5.6 million ounces a year between 2020 and 2024.

November 6, 2019

South32 exits thermal coal with South African assets sale

The miner, which spun out of BHP in 2015, has been trying to sell its South African thermal coal operations for more than a year.

November 5, 2019

Global gold production dragged down by Grasberg

Stricter environmental rules leading to output cuts in world no 1 producer China contributes to quarterly decline.

November 5, 2019

Endeavour Mining shares rise on strong Q3 results

Shares of Endeavour Mining jumped more than 7% at market open Tuesday.

November 5, 2019

Lucara going ahead with $514m Karowe mine expansion

While the needed investment is expected to be paid back in under three years, Lucara has suspended dividends.

November 1, 2019

Congo says $14 billion Inga dam on track despite disagreements

Mining companies in Congo would get about 3,000 megawatts.

November 1, 2019

Inaugurated, Botswana’s Masisi pledges to diversify economy away from diamonds

He also said his government would implement reforms to make its products and services more competitive on the global market.

November 1, 2019

Firestone resumes operations at Liqhobong diamond mine

Firestone has installed rented diesel generators to power the Lesotho mine's processing plant.

October 31, 2019

Teranga Gold’s Wahgnion mine set to increase yearly production by 50%

The Wahgnion mine is the company’s second gold operation after the Sabodala mine in Senegal.