Home News Markets Page 112

Markets

South32 to book $109m impairment after putting SA’s Metalloys in mothballs

0
SOUTH32 will book an impairment of $109m after putting its manganese alloys facilities in South Africa on care and maintenance. Commenting in its fourth (June)...

Nigeria legalises artisanal mining in effort to generate $500m in royalties,...

0
NIGERIA has passed legislation making artisanal gold mining legal in a development the country hopes will generate $500m a year in royalties and taxes...

Anglo returns production to 90% capacity, but De Beers’ diamond sales...

0
ANGLO American achieved 90% production by end-June as it emerged from COVID-19 lockdowns which included relatively stable production from its key copper assets, the...

Digitalisation tipped to save SA mining firms R213bn in six years,...

0
SOUTH Africa’s mining industry could unlock R213bn in economic value in six years by digitalising its processes, according to a study by Accenture, a consulting...

Fighting a common enemy sees SA’s unions and mining firms call...

0
South Africa's main mining unions have expressed concerns about the sector's reboot in the face of the COVID-19 pandemic. The crisis has also seen...

Botswana’s mining output to offset worst economic effects of COVID-19 lockdown

0
BOTSWANA'S economy would shrink as much as first feared this year owing to better-than-expected mining output and a shorter lockdown, said Reuters which cited...

DRC gives mining firms one month’s notice to end mine site...

0
MINING firms operating in the Democratic Republic of Congo (DRC) have been given a month to stop confining workers on site away from their...

SA to fail COVID-19’s ‘great reset’ unless Ramaphosa can force through...

0
Many in the world are talking of "the great reset", which it is hoped will see the emergence of a fairer world, a greener...

SA mines minister, Gwede Mantashe, tests positive for COVID-19 disease

0
SOUTH African mines minister, Gwede Mantashe, and his wife Nolwandle Mantashe have tested positive for COVID-19, said EyeWitness News (EWN). The couple are in isolation...

SA mining production down 29.8% in May, but rate of decline...

0
THE rate of decline in South African mining production slowed in May compared to April as lockdown measures aimed at containing the spread of...