December 13, 2018 Zimbabwe mining minister invites De Beers, Vast Resources to return It would make them the first listed companies to mine there in that sector for two years, Mining Minister said.
December 13, 2018 Eskom debt swap not an option – South Africa’s Ramaphosa Eskom, which has implemented power cuts due to coal shortages and poor plant performance, said it wants the government to take on $7 billion of its debts.
December 12, 2018 Barrick is said to move closer to resolving Acacia dispute A deal would be a major victory for Bristow as he prepares to take the helm of Barrick in January
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.
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