February 20, 2019

IAMGOLD reports 23% growth in gold reserves

The miner reported that Proven and Probable gold Reserves reached 17.9 million ounces at the end of 2018.

February 20, 2019

Barrick and Tanzania reach proposal to settle country’s row with Acacia

The gold giant said it would approach the board of Acacia Mining to back the formal proposal that would settle a long-running dispute with the Tanzanian government.

February 19, 2019

ERG will suspend copper, cobalt output at Congo mine this month

Operations are being suspended while a feasibility study is conducted on building two processing facilities to treat ores at the site.

February 19, 2019

South African parliament approves long-delayed carbon tax bill

South Africa intends to play its role as part of the global effort to reduce global greenhouse emissions.

February 19, 2019

South32 to cut 500 jobs at aluminium smelter – union

South32 is the latest mining company to cut jobs after Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs.

February 19, 2019

South Africa’s Kumba Iron Ore 2018 headline earnings edge lower

"While challenges are part of the uncertain environment that we operate in... we have the right strategy and teams in place to create sustainable shareholder value."

February 19, 2019

Glencore to cut output, jobs at copper, cobalt mine in Congo – WSJ

The output cut is likely to be temporary as the company looks for new ways to mine copper, the report said.

February 19, 2019

South Africa’s AngloGold looks to streamline assets, Argentine mine up for sale

It is very important that we can see the assets in our mix have long-term potential and to the extent that they don't or there is other strategic reasons to…

February 19, 2019

Canadian regulator clears Newmont’s $10B merger with Goldcorp

The companies announced their planned all-share tie-up in January, just two weeks after the Barrick-Randgold merger was finalized.

February 18, 2019

Petra Diamonds appoints new CEO, share price rises

Analysts said appointing Richard Duffy, who has held finance posts in his 27 years in mining, would benefit the company as it sought to cut debt.