May 20, 2019 Nothing seems to matter in copper markets, except the trade war Copper is slumping toward a three-month low even after Zambia moved closer to nationalizing some of its mines.
May 17, 2019 Zambian president threatens Glencore, Vedanta with ‘divorce’ The threat marks an escalation in tensions between the mining industry in Africa’s second-biggest copper producer and the state, after an increase in royalties and plans to introduce new taxes.
May 17, 2019 South African court clears way for Sibanye’s acquisition of Lonmin The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
May 17, 2019 Diamond Fields and Denham Mining join forces at Beravina zircon project in Madagascar Beravina is a hard rock zircon deposit with a NI 43-101 Inferred Mineral Resource estimate of 1.5 million tons at 22.7% zircon (ZrSiO4) equivalent to 15.3% ZrO2.
May 17, 2019 Billionaire Friedland close to deal with BHP on Guinea iron ore If successful, talks will see him move to develop the Nimba deposit on Guinea’s border with Liberia, which has sat undeveloped for years.
May 16, 2019 Sibanye-Stillwater plans to resume dividend payments in 2020 The company also expects to halve the amount of job cuts previously announced in the gold division to around 3,000.
May 16, 2019 Gold miner sues Zimbabwe central bank for not paying in dollars Zimbabwe’s biggest gold producer sued the country’s central bank for $132m because it has been paying for the metal in a local quasi-currency rather than US dollars.
May 16, 2019 De Beers, Namibia to spend $468m on world’s first custom-built diamond searching ship The new vessel is expected to add about 500,000 carat a year of production capacity to Debmarine Namibia, a 50/50 joint venture between De Beers and the African nation's government.
May 15, 2019 Army puts backers off multibillion-dollar Zimbabwe platinum mine A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4 billion is floundering because a military stake in the project has deterred potential backers.
May 15, 2019 Platinum firms gear up for tough South Africa wage talks A rise in producer profits is likely to provoke higher wage demands from labour unions including the militant AMCU.
Zimbabwe to continue mineral purchases in 2026, central bank governor says The central bank has aggressively pursued a foreign currency accumulation strategy through mandatory mining royalties, outright gold purchases and leveraging on the rally in gold. December 28, 2025 | 09:29 am
