December 12, 2018

Gupta’s South African mining assets attract $215m bid

Project Halo will buy Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd and Optimum Coal Terminal (Pty) according to the term sheet seen by Bloomberg.

December 12, 2018

Iamgold eyes growth in Burkina Faso, unveils resource estimate for Gossey

Combined indicated and inferred resources for the satellite deposit, located 15 km northwest of its Essakane operation in Burkina Faso, amount to 376,000 gold ounces.

December 11, 2018

Eurasian Resources wants to keep children out of mining in the DRC

The miner joined forces with international development organization Pact.

December 11, 2018

Zambia’s chamber of mines sees 21,000 job cuts due to higher taxes

Africa's No.2 copper producer plans to introduce new mining duties, replace Value Added Tax with sales tax and increase royalties to help bring down mounting debt.

December 11, 2018

TechMet appoints Admiral Mike Mullen Chairman of advisory board

TechMet has been operational for over a year and has assets, deployed in mining, processing and recycling projects around the world, including Canada, Brazil, Rwanda and Burundi.

December 11, 2018

South African gold output drops 13th straight month in October

Gold production declined 15.1% from a year earlier.

December 11, 2018

Botswana’s Mowana copper mine suspends operations over working capital

Copper prices on the international market have been recovering but Mowana mine, which employs 411 workers, has failed to capitalise on the gains due to equipment breakdowns.

December 11, 2018

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

December 10, 2018

This Congo project could supply the world with lithium

The DRC has a stranglehold on crucial battery material cobalt, but central African nation also has potential to become major lithium player.

December 10, 2018

Ivory Coast aims to double gold output by 2025

Ivory Coast, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025.