April 7, 2016

Big shot in the arm for Zambia

Glencore's $1.1 billion investment in Mopani marks a turnaround for Zambia’s copper sector and will help lift economic growth to 5% by 2018.

April 7, 2016

Illegal mining in Congo wiping out gorilla populations

Fewer than 3,800 Grauer gorillas still live in the wild, down from 17,000 in 1998 due mainly to illegal mining for coltan and other minerals, a report shows.

April 6, 2016

NYU graduates seeking $11bn of gold in closed S. African mine

The 77-year-old mine contains gold resource of 9 million ounces.

April 5, 2016

Copper miners’ game of chicken continues

New study predicts lowering of cost curve, marginal mines staying open at all costs will see oversupply persist and fifth year of copper price declines.

April 5, 2016

Africa Finance Corporation defies 2015 economic headwinds with total assets growth of 25%

Despite a difficult operating environment, AFC delivered strong underlying operating results, achieving 25% growth in its balance sheet, with total assets in excess of US$3.2 billion.

April 5, 2016

Standard for responsible mining released

This second draft of the Standard for Responsible Mining reflects the input from over 1400 points of comment contributed by more than 70 organizations and individuals worldwide, including industry and…

April 5, 2016

Striking coal workers arrested after violent raid at Glencore’s South African mine

Production at the Wonderfontein coal mine has been halted for three weeks after members of AMCU decided to down tools in March.

March 31, 2016

Slowing China tops global executive fears for the first time

March survey by McKinsey sees China trumping geopolitical instability, leadership change, terrorism, refugees and euro break-up as risks to global economy.

March 31, 2016

Randgold replenishes resources in record production year

Randgold Resources’ annual resource and reserve declaration, shows attributable measured and indicated resources steady at 21.1 million ounces while inferred resources are marginally up to 6.7 million ounces.

March 31, 2016

Vale says write down of Mozambique coal venture won’t affect project

Company denied reports claiming that partner Mitsui was revising the terms of their association.