November 28, 2017 BHP tightens belt, targets $1.6bn in cost-cutting at Australian operations The world’s No.1 miner is targeting as much as $1.6 billion in productivity gains at its iron ore, copper and coal units in the country over the next two years.
November 27, 2017 African Expatriate Salaries Back on the Rise… SALARIES for expatriates currently working in Africa are trending upwards after 85% of mining companies increased wages in 2017 according to African-specialist HR consultancy firm Globe 24-7.
November 27, 2017 Petra Diamonds sees brighter 2018 after warning of debt breach Despite possible breach of banking agreements, company execs believe finances will improve following lift of Tanzanian export ban.
November 27, 2017 Investors force Rio Tinto to ditch plans to have Mick Davis as chairman Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.
November 27, 2017 De Beers puts South Africa’s Voorspoed mine up for sale Company says move paves the way for a lower-cost operator to take the diamond mine beyond 2020, when it is scheduled to close.
November 27, 2017 South32 to spin off South Africa coal business Process could lead to a listing of the business on the Johannesburg stock exchange, it said.
November 26, 2017 Top 7 tips for working in Africa The mining sector in Africa is rapidly growing again. Junior mining companies are starting their first projects, bigger mining houses are expanding current operations as well as starting new prospective…
November 24, 2017 Border dispute temporarily halts Canadian miner’s operations in Burkina Faso The Minister of Mines said his decision will be in place until the border with Niger is physically demarcated. However, violence has increased in the area in past months.
November 23, 2017 SEMAFO mourns passing of board chairman Jean Lamarre “Jean made an indelible mark on SEMAFO, both in terms of his corporate governance expertise and his 45 years of experience in Africa,” said CEO Desormeaux.
November 23, 2017 Gem Diamonds finds seventh largest rock this year at Lesotho mine It's a high quality 202-carat, D colour type IIa rock found at Letšeng mine, the world’s highest dollar per carat kimberlite diamond operation.
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
