August 18, 2017 Zimbabwe tightens screws on miners’ export earnings in forex crunch The country's Reserve Bank has ordered platinum and chrome miners to surrender 80 percent of their export earnings to the central bank as the country struggles to contain a crippling…
August 17, 2017 S.Africa’s Harmony Gold eyes acquisitions after FY earnings rise South African miner Harmony Gold reported a 35 percent rise in full-year profit on Thursday and said it will look at growth, exploration and acquisitions to meet its 2019 production…
August 17, 2017 With Congo finances collapsing, desperate government has few options Democratic Republic of Congo's government seeks to head off a collapse in national finances that is hitting the economy.
August 17, 2017 South Africa’s Sibanye Gold flags H1 earnings per share loss South Africa's Sibanye Gold flagged up a first-half earnings per share loss on Thursday, citing provisions worth 1.1 billion rand ($84 million) for a possible settlement with miners who contracted…
August 17, 2017 De Beers partners with Stanford Graduate School of Business to empower youth and entrepreneurs in southern Africa De Beers Group today announced a US$3 million investment in a three-year partnership with Stanford Graduate School of Business (GSB) to empower young, aspiring entrepreneurs and established business owners in…
August 17, 2017 Onerous procurement requirements of S. Africa’s 2017 Mining Charter to hit suppliers While suppliers are not required to comply with the 2017 Charter, the procurement targets for Holders indirectly require them to meet such targets to remain competitive.
August 17, 2017 Gem Diamonds mulls sale of halted Botswana mine as half-year revenue falls The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist.
August 16, 2017 Congo reinstates miners’ VAT exemption on imports in U-turn The government owes mining companies about $700 million in VAT reimbursements from before last year's suspension.
August 16, 2017 China’s Chalco plans $500m investment in Guinea bauxite project The deal comes after a trip by the Guinean mines minister, Abdoulaye Magassouba, to China and follows other major Chinese investments in the resource-rich West African nation.
August 15, 2017 Police detain central figure in mining’s largest corruption scandal Israeli diamond billionaire Beny Steinmetz, four others, in custody of Israeli police on suspicion of fraud, forgery, obstruction of justice and bribery.
Precious metals extend rally as silver price surpasses $90 Spot gold hit a peak of $4,641.29 per ounce, taking its year-to-date gains to 6%. January 14, 2026 | 09:41 am
