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.
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.
Lynas Rare Earths CEO to retire after over a decade in role Amanda Lacaze would remain with the company until the end of the current financial year to enable a smooth transition, Lynas said. January 12, 2026 | 03:13 pm
