December 4, 2017

SMB plans Guinea alumina refinery by 2022

Guinea has about a third of the world's bauxite reserves and expects to produce over 30 million tonnes in 2017. However, it has no facilities to transform those reserves into…

December 4, 2017

Rio Tinto appoints one of its own as the company’s new chairman

After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.

November 30, 2017

Move over, Tesla! China holds the keys to electric vehicles

As the world’s largest auto market, China was responsible for about half of the sales as the crackdown on polluting industries has propelled renewable alternatives from power generation to consumer…

November 30, 2017

South Africa’s Tharisa sets out 2020 growth vision

Miner announced record output of chrome and platinum group metals, also said it was seeking to diversify into EV materials.

November 29, 2017

Zambia’s state-controlled investment firm wants bigger stake in copper mines

Following sharp rise in copper prices this year, ZCCM Investments Holdings wants to increase its stakes Zambia’s mines and expects higher dividend payments.

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.