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GoviEx shares plummet after Niger cancels $343m project permit

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SHARES in GoviEx fell 29% by the close of trade on Thursday after the firm announced Niger had withdrawn the mining permit to the...

Australian miner raises $100m for Burkina Faso gold project

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GOLD miner West African Resources is to raise A$150m (US$100m) through a share placement that will complete funding for its 234,000 ounces a year...

Rio Tinto lifts stake in Malawi rutile/graphite project

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RIO Tinto has increased its investment in a specialist minerals project in Malawi agreeing to exercise options in Sydney-listed Sovereign Metals. The mining group will...

Gloomy outlook for diamonds as prices trough for Petra

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THE litany of depressing news for the diamond market has continued with the latest sales figures from Petra Diamonds and a gloomy outlook on...

Implats resolves illegal strike at BRPM

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IMPALA Platinum (Implats) said on Wednesday an illegal stoppage at the North shaft of its Impala Bafokeng BRPM operation had been resolved after a...

Friedland forges on with reopening of century-old Congo mine

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MINING entrepreneur Robert Friedland’s tour de force in developing mining projects in the Democratic Republic of Congo (DRC) reached a new milestone this week...

Panama considers reopening of First Quantum copper mine

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WORLD copper supply could receive a boost after Panama said it would conduct an environmental audit that could lead to the re-opening of the...

Congo starts selling copper/cobalt from JVs for first time

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THE Democratic Republic of Congo has started selling copper for the first time with a number of bids from traders being considered, said Bloomberg...

Bushveld lives to mine another day after bail out

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ENBATTLED vanadium producer Bushveld Minerals has survived to fight another day thanks to negotiating a revised financing deal with major supporter the OMF Fund...

Implats hit by illegal strike at troubled Bafokeng mine

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AN illegal work stoppage has taken place since Thursday, June 27 at the North Shaft of  Impala Platinum’s (Implats) Impala Bafokeng BRPM operation resulting...