December 5, 2016 New Islamic banking rules make gold an accepted investment Transactions must be fully backed by physical metal and settled on the same day to observe Islam's distinction between real economic activity and speculation.
December 5, 2016 Gold’s slim price recovery this year boosts supply fears Situation has worsened as a result of a shortage of new discoveries, cost cutting measures and miners digging out higher-grade material for a short-term gain, say experts.
December 4, 2016 New $264m Zimbabwe platinum mine to last 34 years Completing the $264-million mine will boost the platinum reserves of Zimplats from 3 million to 9 million ounces.
December 2, 2016 Cameroon involved in Central African ‘conflict diamonds’ trade — report Cameroon is allowing conflict diamonds from the Central African Republic to cross over its borders and into the legal supply chain due to poor controls, smuggling and corruption, a new…
December 1, 2016 Gemfields postpones emerald auction over India’s ‘demonetization’ The auction of emeralds from the miner's Kagem operation in Zambia will now be in February.
December 1, 2016 Norilsk Nickel launches legal action against BCL over non-payment for African asset sale A legal claims against BCL in the Botswanan courts and in the London Court of International Arbitration to recover the USD 271.3 million
December 1, 2016 Glencore to resume dividend in 2017 as debt reduction on track Soaring coal prices have helped Glencore, the world’s biggest provider of the thermal kind, straighten its balance sheet.
November 30, 2016 Phosphate mining firms set sights on Southern Africa’s sea floor Southern Africa finds itself at the center of the offshore bulk sediment mining debate as international companies rush to strip mine phosphate deposits in coastal waters of South Africa and…
November 28, 2016 SEC said to be probing Rio Mozambique coal deal World number two miner acquired Southern African coal assets for $3.7 billion in 2011 – sold it for $50 million three years later.
November 28, 2016 CHARTS: Gold miners to hike investment in 2017 Project funding would be main priority, says Moody’s.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am