April 19, 2018

Embattled Acacia Mining keeps losing money due to Tanzania tax row

Revenue in the first quarter slumped almost 50% due mainly to reduced operations at its flagship Bulyanhulu gold mine.

April 18, 2018

Diamonds confirm existence of planetary “embryo”

A planetary “embryo” gave origin to the meteorite fragments that form the Almahata Sitta collection.

April 17, 2018

South Africa’s Eskom says facing coal shortages at 7 power plants

Eskom supplies around 95 percent of South Africa's electricity, predominantly by burning coal.

April 16, 2018

South Africa’s PIC rejects ATON’s takeover offer for Murray & Roberts

M&R rejected the bid saying it undervalued the company.

April 16, 2018

Chinese investors key as cobalt price hits month low

Cobalt27 CEO lines up Chinese automaker deals, ponders HK listing: “There is a lot of interest and it is natural because it is where all this will happen”.

April 16, 2018

Moti Group is open to selling shares in Zimbabwe mine operation

The Moti Group would be open to listing the stock in its operation provided it makes “business sense and has a strong rationale behind it.”

April 16, 2018

Billionaire Agarwal hires AngloGold’s CEO to run Vedanta

Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.

April 15, 2018

IMF resumes lending to Chad following Glencore debt deal

The Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks.

April 13, 2018

Local media report 40 people killed at DRC mine

The accident has been reported by different local websites.

April 13, 2018

Zimbabwe to sell shares in state-owned firms as part of reforms

Zimbabwe is looking to sell shares in 35 state-owned firms, including telecoms and mining entities.