March 8, 2018

South Africa’s mines minister urges speedy resolution on Optimum mine

The Optimum coal mine, which has faced a strike by its workers over unpaid salaries, sought protection from creditors on Feb. 20.

March 8, 2018

Cobalt consumers main victims of Congo’s new mining code — analysts

A new mining code in the cobalt-rich Congo will lead to higher costs for consumers of the battery metal at a time automakers are expanding production of electric vehicles, experts…

March 8, 2018

South Africa’s AngloGold backs Randgold’s negotiations with Congo govt

Mining companies operating in the country vigorously oppose new code to be signed into law.

March 7, 2018

Congo’s Kabila to sign new mining code soon after meeting with miners

The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause.

March 7, 2018

Kazakh miner ERG revives sale of Congo copper mine

ERG revives efforts to sell its Frontier copper mine in the DRC despite a drop in valuation to about $400 million, two banking sources said.

March 7, 2018

Beny Steinmetz’s mining firm BSGR enters administration to protect itself

As well as facing legal action, BSGR, which denies any wrong-doing, is suing financier George Soros for $10 billion in damages over lost contracts.

March 7, 2018

Commentary: Women miners shouldn’t be seen as victims

Gold mining in Africa has a bad rap — particularly when it comes to women. But in Mali, one of the world’s poorest countries, the victimization lens does great injustice…

March 7, 2018

Resolution seen to impasse over South African mining rules

South Africa's mining industry and the government are moving closer to resolving a dispute over levels of black ownership that’s deterred investment and dragged down growth in the country.

March 7, 2018

Gem Diamonds on fire, finds sixth giant rock this year

Latest discovery is a 152-carat, top white colour Type IIa diamond, dug up at the company's flagship Letšeng mine in Lesotho.

March 6, 2018

Villagers denounce irregular operations by the Zimbabwe Consolidated Diamond Company

They say diamonds have become a curse instead of a blessing for those living in the Mutare West region.