September 8, 2017 South Africa’s chamber of mines says sector “in crisis” South Africa holds the world's biggest reserves of platinum, chrome and manganese, but investment in the sector has dropped in each of the past two years as a result of…
September 7, 2017 Burkina Faso mine to boost Teranga’s annual gold output by 50% Once Banfora is up and running, it would take the company's annual gold output to between 300,000 and 350,000 ounces.
September 7, 2017 South Africa’s manufacturing, mining output disappoint as economy limps Official figures released on Thursday signall a bad start for the second half of the year with business confidence at its lowest in more than three decades.
September 7, 2017 Tanzania kicks off probe into Petra Diamonds contract, orders officials to resign President John Magufuli has asked for a review of a local contract belonging to Petra Diamonds and ordered senior officials to resign over the outcome of a probe into the…
September 6, 2017 Gold miner Acacia buys put options at $1,300 per ounce Acacia Mining, which is scaling back operations to cut losses and settle a dispute with the Tanzanian government, has spent $3.2 million on options to sell 210,000 ounces of its…
September 6, 2017 China to loan Guinea $20B to secure aluminium ore China agreed on Wednesday to loan Guinea $20 billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminium which the West African country has in…
September 6, 2017 Platinum price pressured as market moves into oversupply A rise in refined supply (despite a 9% dip in mine-level output) and a drop in automotive and industrial demand erases Q1's 305,000-ounce deficit.
September 4, 2017 Acacia pulls back from major gold mine in Tanzania “The decision was driven by unsustainable cash outflows at the mine due to the concentrate ban and the operating environment,” company officials said in a statement.
September 4, 2017 Zimbabwe completes gold mining probe Deputy Minister of Mines and Mining Development, Fred Moyo, said that his team looked into production and trading circles
September 1, 2017 BacTech Environmental: “Green Gold” processing technology addresses artisanal mining and ARD problems Every year millions of small-scale miners toil in the baking sun, collecting and breaking rocks with the goal of extracting small amounts of gold - enough to make a living…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
