August 2, 2019

South African miners to deliver tax windfall after metals rally

Royalty payments are estimated to climb 70%.

August 2, 2019

Sierra Leone cancels major mining licences

Tonkolili has challenged the decision in the country's high court.

August 2, 2019

Nova Scotian firm builds pilot plant to process Tanzanian graphite

Elcora Advanced Materials wants to target the expandable graphite market.

August 1, 2019

Simandou tender likely to be opaque

Nominally transparent tender for iron ore concession raises eyebrows among miners.

August 1, 2019

Zimbabwe to replace empowerment law — finance minister

Foreign investors can now take majority stakes in the platinum and diamond sectors.

August 1, 2019

Iron ore prices help Rio Tinto fork out $1bn dividend, despite Oyu Tolgoi setback

Despite being its best half-year earnings since 2014, net profit dropped by 6% to $4.13bn as it wrote down $800 million from its investment in the Mongolian mine.

July 31, 2019

AngloGold Ashanti flags higher H1 earnings, says asset sales are proceeding

AngloGold will release its results on August 8.

July 31, 2019

Vedanta launches arbitration in dispute with Zambia

Vedanta denies that KCM has broken the terms of its licence and says it will defend its assets in Zambia.

July 31, 2019

Australia’s Resolute Mining to buy Toro Gold for $274m

Resolute is paying $130 million in cash plus 142.5 million of its own shares for West Africa-focused junior miner.

July 31, 2019

Glencore warns of $350m hit on copper unit

Setbacks at its mines in DRC and Zambia caused copper production to fall 5% to 663,000 tonnes in the six months to June.