May 20, 2019 S.Africa’s Amplats fires over 600 underground workers at its Mototolo mine The company fired about half of the underground workers at its Mototolo mine following an illegal strike.
May 20, 2019 Zambia’s Lungu seeks new investor in Vedanta-controlled copper miner London-listed Vedanta said in a statement that it was seeking an urgent meeting with Lungu over the future of KCM.
May 20, 2019 Lonmin plans to cut 4,100 workers as it closes platinum mines The platinum producer has started a process that’s required under South African labor law to carry out the workforce reductions.
May 20, 2019 Tanzania fines Acacia Mining $2.4m over alleged pollution Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.
May 20, 2019 Sibanye keeps option to increase Lonmin offer against rival bid Sibanye Gold reiterated that its increased offer for Lonmin is final, but kept its option open to sweeten the deal for the platinum producer should a rival bid emerge.
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.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
