February 8, 2019

Glencore cuts workers at Congo copper and cobalt mine

The layoffs come as Glencore considers a plan to stop mining oxide ores at Mutanda.

February 8, 2019

Zimbabwe miner RioZim again suspends production over dollar payments

RioZim said since December, it had experienced "significant and persistent" delays in dollar payments, affecting its viability.

February 8, 2019

Glencore’s Zambian unit suspends operations after three workers die in fire

Mopani is one the biggest mining companies in Zambia -- Africa's No. 2 copper producer.

February 8, 2019

South Africa’s Harmony Gold expects drop in half-year earnings per share

Earnings per share for the first half of the year could be up to 97% lower than this time last year.

February 7, 2019

Death toll rises to six at South Africa coal mine gas explosion

Rescue efforts were hampered by dangerously high levels of toxic gas underground.

February 7, 2019

Fourteen NGOs oppose LME plans to ban tainted cobalt

Is the LME trying to create a reputational green wash that allows it to say its members source responsibly because they tick some boxes?

February 7, 2019

First Quantum inks $2.7B refinancing deal

Company has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.

February 7, 2019

Gem Diamonds finds from iconic Lesotho mine drop, shares slump

The company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.

February 7, 2019

Russia’s Nordgold to invest over $360m in Guinea mine

The Russian gold producer has received a 15-year mining permit for its Lefa mine.

February 7, 2019

DRA Global continues growth path with SENET merger in Africa

DRA has entered into a merger agreement with SENET, a leading African project management and engineering firm to create one of the largest project delivery and operations management companies on…