July 19, 2018 Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
July 18, 2018 Guinea’s mining minister says there will be Simandou deal, talks go on Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining […]
July 18, 2018 Australia’s Northern Minerals makes first rare earth from pilot plant Company aims to be the first significant world producer outside of China of dysprosium, used by electric vehicle makers in the manufacturing of engine magnets.
July 18, 2018 Wreck of Russian warship carrying $130bn in gold found off South Korea The Dmitrii Donskoi is believed to have sunk in a naval battle 113 years ago, carrying the treasury of the entire flotilla, which would have included port expenses, as well…
July 18, 2018 South Africa gold producers offer single-digit hikes — document Producers have been giving above-inflation wage hikes for years, adding to the cost burden of an industry that has been battling in the face of depressed prices, labour unrest and…
July 17, 2018 Lincoln Strategic International expands operations to Africa – Charles Matthews to lead Lincoln Strategic International announced today the expansion of its service offerings with the launch of LSI Africa, which addresses the human capital acquisition and management issues faced by mining companies,…
July 17, 2018 South Africa’s Solidarity union to agree wage deal with Eskom South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom.
July 17, 2018 South Africa’s Amplats, PIC create venture fund to lift PGM industrial demand The world's no. 1 platinum producer has spun off an internal fund and invested $100 million in a new venture capital fund
July 16, 2018 S. Africa unions decry fatalities as six die at copper mine South Africa’s mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining.
July 16, 2018 African conglomerate Moti is open to $500m stake sale Moti said he’d be willing to sell as much as 25 percent to the right partner, but ruled out any prospect of an initial public offering.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
