July 22, 2012 South African labour laws discourage hiring, AngloGold CEO says South Africa's labour laws, high training costs and a lack of skills are discouraging companies from hiring, AngloGold Ashanti Ltd. Chief Executive Officer Mark Cutifani said. “As we look at…
July 22, 2012 Kenya’s $100 million coal mining in danger The future of a planned coal mining in the Kitui County in Kenya, worth more than $100 million (Sh$8.5 billion), hangs in the balance following opposition by local leaders and…
July 22, 2012 Deadly downside to Nigeria gold rush: video Al Jazeera is reporting that more than 400 children have died from lead poisoning in the past two years in the Zamfara State of Nigeria as a result of artisanal…
July 21, 2012 Congo probe into mining companies’ disappearing tax payments The Democratic Republic of the Congo's new prime minister has ordered an investigation into the nation's mining industry after a damning report by an international watchdog found tens of millions…
July 20, 2012 New gold mining technology to boost South African miners efficiency A new method of underground gold mining, being tested by AngloGold Ashanti, is filling headlines in the country, as the method has the potential to reverse the decline in South…
July 20, 2012 CoAL will need more capital to get Makhado project running, analyst says Coal of Africa (CoAL) will require more capital to fund its Makhado coking coal project in South Africa’s Limpopo province, even after securing around $60 million of new debt and…
July 20, 2012 Major Anglo American reshuffle as Amplats CEO walks away Neville Nicolau, the head of Anglo American’s platinum business is leaving the company, after the South African unit warned its earnings per share for the first half could drop as…
July 20, 2012 De Beers’ profit down 53%; Venetia expansion still going ahead Profit for De Beers, the world's number two diamond producer after Russia's Alrosa, is down 53% for the first half of 2012 affected by worries over consumer demand and shortage…
July 19, 2012 Equity financings for gold companies hit four-year low Halifax-based Metals Economics Group (MEG) published Thursday its Pipeline Activity Index (PAI), which shows equity financing conditions continue to take their toll, as gold companies were able to raise only…
July 19, 2012 China Mining United to launch potential $2 billion equity fund for Africa mining deals China Mining United Fund plans to establish a collaborative China/Africa equity fund to pursue minority stakes in gold, iron-ore and metal companies in Africa and other parts of the world,…
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
