June 26, 2018 De Beers just sold 34 million rough diamonds more than last year The $575-million figure represents a 6% increase from the $541m obtained in the same period last year and 3.7% higher than the $554m it sold last month.
June 25, 2018 Jindal Steel South Africa units file for business protection South African units of Jindal Steel & Power Ltd. filed for a local form of bankruptcy protection known as business rescue this month.
June 25, 2018 Mauritian exchange sees $6.5 bn gold trading in five years Part of the Indian Ocean island nation’s plan to become a financial gateway to Africa.
June 25, 2018 Lithium demand from battery makers to almost double by 2027 Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.
June 25, 2018 No resolution yet for Acacia Mining tax row with Tanzania’s Gov’t Barrick, which has been negotiating on Acacia’s behalf for over a year, had said it would deliver a deal for Acacia’s board to vote on by the end of June,…
June 24, 2018 Workers protest at Newmont Ghana’s operation The US-based miner, however, cannot directly negotiate wages and other benefits with its subcontractor’s employees.
June 22, 2018 South Africa mine lobby is said to plan free carry challenge The Minerals Council “will make a comprehensive submission” to the Department of Mineral Resources and participate fully in a summit planned for July.
June 22, 2018 Asanko, Gold Fields $185 million-venture in Ghana gets the green light Miners area are teaming up to develop one of Ghana’s newest gold mine, the Asanko Gold Mine (AGM), located in the Ashanti Region.
June 21, 2018 South Africa coal terminal boosts productivity with $98m upgrade South Africa's Richards Bay Coal Terminal has boosted productivity after a 1.34 billion rand ($98 million) machinery upgrade, the firm said on Thursday.
June 21, 2018 Zambia aiming for power prices that reflect costs by end 2018 The new measure will affect global mining firms including First Quantum Minerals, Glencore, Barrick Gold Corp and Vedanta Resources which currently pay a flat rate of 9.30 cents/kWh.
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
