March 2, 2018

Moody’s upgrades Barrick to Baa2 with stable outlook

Company’s goal remains to reduce total debt to around $5 billion by the end of 2018.

March 2, 2018

Australia takes Rio Tinto to court over Mozambique coal deal

Australia’s corporate watchdog has launched court action against the company, former chief executive Tom Albanese and chief financial officer Guy Elliott.

March 1, 2018

Rand newly gained strength may negatively impact South Africa’s gold miners: BMI

"Our optimistic outlook for the rand will shift our existing positive view on South African gold miners over the coming years," says the market research firm.

March 1, 2018

Stellar Diamonds Sierra Leone project takes key step forward

Funding for the project has not been secure yet, though the miner is in talks with Newfield Resources over a possible offer.

March 1, 2018

Anglo American concludes sale of three coal mines in South Africa

The deal includes the New Vaal, New Denmark and Kriel mines, as well as various mine life extension projects.

February 28, 2018

Zimbabwe has potential to meet 20% of global lithium demand

Zimbabwe is keen to attract investment after Mugabe era and is already Africa's top lithium producer.

February 28, 2018

South Africa’s mining charter to be finalized in three months

Uncertainty around the charter has deterred investment into a sector that accounts for 8% of gross domestic product in the world's top platinum producer

February 27, 2018

Ghana to tighten controls on gold exports to protect revenues

Ghana, Africa's second largest gold miner after South Africa, earned $5.78 billion from exports of the metal last year, up 17.6 percent on 2016.

February 27, 2018

Zambia to start forcing miners to move 30% of minerals by rail

Country's Chamber of Mines says rail system is not ready to handle that amount of cargo, adding that the potential impact on the mining industry has not been properly considered.

February 26, 2018

Fatal accident at Caledonia’s gold mine in Zimbabwe

An accident took place in the Blanket Quartz Reef area of the mine.