October 3, 2018

Platinum miners their own worst enemies: Joburg mining update

South African mining executives, investors and officials gather in the nation’s economic hub for the Joburg Indaba conference. Here are the latest developments, updated throughout the day.

October 2, 2018

Zambia mines to pay mineral royalties in dollars to stabilize kwacha

Zambia has asked mining companies to pay mineral royalties directly to the central bank in dollars as one of the measures to help stabilise its kwacha currency

October 2, 2018

Northam Platinum and South Africa’s NUM union sign 3-year wage deal

South Africa's National Union of Mineworkers (NUM) signs three-year wage deal with platinum producer Northam Platinum that secures wage hikes of more than double the inflation rate for its members.

October 2, 2018

Randgold’s hook-up with Barrick to leave large void in London market

Randgold becomes second major miner to announce departure from London.

October 2, 2018

South Africa’s mining industry growth hindered by precious metals performance — PwC

Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.

October 2, 2018

Uganda to join transparency program as it seeks mining investors

The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”

October 2, 2018

South Africa’s latest mining charter: what’s new and who wins

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

October 2, 2018

Diamond trade must reform in face of threat from synthetic stones -U.S.

Efforts to broaden the scope of the Kimberley Process, set to prevent the sale of so-called "blood diamonds", have been stymied for a decade by member states including China, Russia…

October 1, 2018

Ivanhoe Mines soars on third major copper discovery in Congo

The find, named Makoko, was the first of multiple high-potential target areas identified by the company’s exploration team to be tested by drilling.

September 28, 2018

Rocketing vanadium price primed for ‘Elon Musk moment’

"To build a gigafactory of vanadium flow batteries, companies will need to own a mine or lease the fully recyclable vanadium" – Simon Moores.