June 29, 2012 Gold and bauxite boost Ghana GDP growth to 8.7% According to the Ghana Statistical Service, the total value of goods and services produced in Ghana grew by 8.7% in the first quarter of 2012, relative to that of 2011.
June 28, 2012 AngloGold launches $750 million syndicated loan South African miner AngloGold Ashanti has launched a $750 million, five-year loan to its existing lending group via coordinators and bookrunners Barclays and Bank of Tokyo-Mitsubishi UFJ, banking sources said…
June 28, 2012 China Gold International picks up a Zambian miner for $20.4 million China Gold International Resources is acquiring China Nonferrous Mining Corporation Limited for HK$155.1 million.
June 26, 2012 South Boulder to raise A$9.5 million to progress the Colluli potash project The placement is being completed at $0.95 cents a share by Sprott Private Wealth; Sprott has committed to placing 5.26 million shares, the remaining 4.74 million shares are to be…
June 26, 2012 Chinese diamond mogul funding Mugabe’s military: report A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's…
June 25, 2012 South Africa to up the rent because nationalisation would break the bank The African National Congress has proposed a tax to raise R40 billion: the Resource Rent Tax would take 50% of a mining company's profits that exceed 15% return on their…
June 25, 2012 Glencore, Lexshell consortium owns 71% of Optimum Coal A consortium comprising commodities trader Glencore and South African businessperson Cyril Ramaphosa’s Lexshell 849 has increased its shareholding in black economic-empowered Optimum Coal to just over 70%.
June 25, 2012 Rio Tinto makes first coal shipment from Mozambique Giant miner Rio Tinto said Monday that it has started exporting premium hard coking coal from its Mozambique Benga Mine, its first shipment of 34,000 tons has left the Port…
June 25, 2012 Cardero maintains it followed best business practices regarding acquisition of the Sheini Hills iron ore project, Ghana Cardero works with RCMP and begins private investigation after allegations that it used improper business practices to secure iron ore concessions in Ghana.
June 22, 2012 Banro provides Twangiza gold mine update Actual gold production is off of the projected amount by 40% primarily owing to the downtime of the No. 1 ball mill, says Banro
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
