October 13, 2015

Codelco vows not to cut copper output even if prices keep falling

The world's No.1 copper miner will keep output targets and won't make major changes to its $25 billion investment plan.

October 13, 2015

Botswana mines adopt South African online auction mechanism

In a first for Botswana, major mines are now using online auctions to offload unwanted assets and recover revenue. This comes following the extensive success online auctions have experienced in…

October 13, 2015

S. Africa’s main coal union accepts wage offer, ends strike

The National Union of Mineworkers (NUM) and the Chamber of Mines, which has been negotiating on behalf of the country’s main coal producers, will sign the agreement later today.

October 12, 2015

South Africa gold companies face massive lung disease suit

Hundreds of thousands of workers are suing 32 gold mining firms after contracting silicosis and tuberculosis working the country's ultra-deep gold mines.

October 9, 2015

Glencore responsible for extension of coal strike in S. Africa — union

According to the National Union of Mineworkers (NUM), the Swiss-based company is the one “holding the whole process to ransom".

October 8, 2015

IAMGOLD cuts 10% of staff at Rosebel Mine

Current gold environment necessitates cost cutting.

October 5, 2015

Kinross shares surge as investors shrug US probe

World's 5th largest gold miner up nearly 8% after saying it's co-operating with SEC and DoJ investigating whistleblower case at giant West Africa mine.

October 5, 2015

South Africa’s last bullion bluechip battles relegation

The Johannesburg stock market, the capitalist heart of South Africa's 'City of Gold', is close to relegating the last bullion producer in its bluechip index, the latest sign of the…

October 4, 2015

Africa banking on nuclear power

It’s no secret that Africa’s economic development has been stifled by the shortage of electricity across the continent.

October 4, 2015

30,000 South African coal miners poised to strike

The fate of the South African mining industry is once again in the hands of striking workers.