June 11, 2019

Botswana Diamonds unit to sell 256 carats from South Africa project

The diamonds to be sold by Vutomi, in which Botswana Diamonds holds a 40% interest, are expected to generate short-term cash flow to further develop he Thorny River project.

June 11, 2019

Vedanta to challenge winding up of Zambian business in court

The Zambian government says KCM has breached the terms of its licence.

June 10, 2019

Nation built on gold loses its African crown to rival Ghana

South Africa’s struggling gold industry has suffered yet another humiliation, losing its status as continental leader to Ghana.

June 9, 2019

Congo state miner says it paid $263m in tax advances

Gecamines rejected allegations that there are discrepancies in its financial statements.

June 7, 2019

Bluerock Diamonds’ shares jump on record find

BlueRock owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa.

June 7, 2019

Toro Gold hires bank to explore sale as IPO plans shelved — sources

The West Africa-focused junior hired boutique investment bank Raymond James to explore putting itself up for sale after shelving plans to list its shares in London.

June 5, 2019

Guinea iron ore prospectors set sights on ArcelorMittal rail

The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia…

June 5, 2019

Sibanye-Stillwater reduces job cut plan in gold shake-up

Sibanye-Stillwater said on Wednesday about 3,450 jobs would be lost in the proposed restructuring of the South African company's gold mining operations, following financial losses at some of its mines…

June 4, 2019

Vedanta’s Zambia court hearing adjourned for a week

In a statement, Vedanta said the judge had considered preliminary issues brought by ZCCM and reserved judgment until June 11.

June 3, 2019

Bravura to spend over $50m to explore for platinum in Zimbabwe

Bravura Consortium will spend more than $50 million to explore for and mine platinum in Zimbabwe.