November 6, 2017

Congo mining output rises, central bank warns of inflation risk

Rising mining production should help ease some of the economic problems in Congo where inflation is expected to hit 48 percent this year.

November 6, 2017

AngloGold cash flow, output jump in third quarter

South African gold miner said it’s on track to meet 2017 guidance.

November 3, 2017

Copper miners to see profit grow further in 2018 — report

Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows.

November 3, 2017

Lucara Diamond readies for $195 million expansion of Karowe mine

Results of a preliminary economic assessment have revealed the potential for the development of an underground mine at the company's mine in Botswana.

November 3, 2017

Congo state miner failed to log $740 million in revenues, report says

Gecamines copper output has plunged since 1980s and it has failed to internally register $740 million in income between 2011-2014, much of which is now untraceable, the Carter Center said…

November 2, 2017

Namibia’s economy to grow faster in 2017 as mining bounces back

The country's mining sector is emerging from years of contraction and the impact of recent severe drought eases, the finance minister said on Thursday.

November 2, 2017

Lower Q3 and Mali tax row take the glow off Randgold

Miner said full-year profit and output was on track despite a third-quarter dip, but its shares slid to a three-month low after its CEO did not rule out seeking arbitration…

November 2, 2017

Acacia Mining top execs. quit amid ongoing dispute with Tanzania

The Tanzanian gold producer, majority owned by Barrick, has been locked in a months-long dispute with the local government.

November 1, 2017

Stratex shareholders block Crusader mining deal

Shareholders of miner Stratex International blocked reverse takeover of Australian-listed Crusader Resources and voted CEO Marcus Engelbrecht out of office.

November 1, 2017

Rio Tinto throws its weight behind Africa as mining central

Africa largest untapped source of growth for industry and would provide huge opportunity, says Rio Tinto's chief executive of energy and minerals.