December 21, 2018

Lucapa Diamond locks in Mothae mine funding

The Australian diamond miner has secured 100 million rand (about $7m) in development funding for the Lesotho mine from South Africa’s Industrial Development Corporation (IDC).

December 21, 2018

First Quantum Minerals to let 2,500 workers in Zambia go over tax hikes

The Canadian miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they’ll be equally split between its Kansanshi and Sentinel mines.

December 20, 2018

Zambia tax hike to make most mines unprofitable, group says

The effective tax rate will range from 86% to 105%, with about 27,900 jobs at risk - Zambia Chamber of Mines.

December 20, 2018

Zambia tax authority clears Gemfields’ Kagem mine of tax evasion

There were no findings of wrongdoing or late payment, the Zambia Revenue Authority (ZRA) said.

December 20, 2018

Eurasian Resources Group launches clean cobalt framework

ERG recognises the urgent need for metal suppliers to commit to ensuring that cobalt is produced and sourced responsibly and sustainably and to support the efforts of its customers.

December 20, 2018

Australia’s top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

December 20, 2018

AngloGold Ashanti’s Tropicana gold mine can go underground — study

A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group's…

December 20, 2018

Orocobre shares crushed on weak lithium prices, outlook

Low pricing achieved recently has been affected partly by soft market conditions in China, the Brisbane-based lithium miner said.

December 19, 2018

NA Palladium signs development contract with Redpath

The expansion will double the capacity of the mine and mill to 12,000 t/d from 6,000 t/d.

December 19, 2018

Lonmin’s biggest mining union tries to block Sibanye deal

The all-share deal is likely to lead to more than 10,000 layoffs.