December 12, 2017

Shares in Toronto-listed Katanga Mining surge 50% on Congo mine restart

Glencore's Toronto-listed Katanga Mining subsidiary set to produce nearly a third of world's cobalt, as prices of battery metal more than doubles.

December 12, 2017

Gold fields Ghana to dismiss 1,500 staff as contractor hired

Gold Fields Ltd.’s unit in Ghana said it will dismiss 1,500 of its own staff as the company is hiring a contractor to operate its biggest mine in the nation.

December 12, 2017

Glencore restarts Katanga copper mine, sees 150,000 T in 2018

Glencore said on Tuesday its Katanga mine in the DRC produced its first copper cathodes on Monday as it restarts after output was suspended in 2015.

December 11, 2017

Congo mines say revised code threatens industry’s future

Monday, mining companies in the DRC said that proposed changes to mining code adopted by lower house of parliament would do lasting damage to investment.

December 8, 2017

Mine fatalities in South Africa rise first time in decade

There were 81 fatalities from January through November, according to data from the Chamber of Mines. Thursday, a death at Tshepong Mine brought total to 82.

December 8, 2017

Tanzania-Zambia railway authority resumes transportation of copper

Friday, TAZARA resumed transportation of copper which had halted on Tuesday after unionised workers went on strike.

December 7, 2017

Newmont’s cost-cutting, production plans: ‘We’ve only just begun’

With seven greenfield projects Denver gold miner on track to increase global share of gold production to 5%.

December 7, 2017

Vedanta’s Zambian arm to set up new processing plants

Vedanta Resources said Thursday its Zambian subsidiary KCM plans to set up new copper smelter, cobalt refinery and more under a $1 bln investment programme.

December 7, 2017

Harmony Gold says Moab Khotsong mine purchase to boost cash flows

The $300 million deal, which incorporates the Great Noligwa underground mine and related infrastructure, is expected to boost Harmony's operational cash flow by 60%.

December 7, 2017

AngloGold gets going on $36 million expansion of Western Australia mine

Strategy adds 2.1 million ounces to Tropicana's business plan and extends the mine life by seven years to 2027.