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President John Magufuli’s Tanzania to re-allocate mineral-bearing property

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THE reform of Tanzania's mining sector continued apace after the east African country's controversial president, John Magufuli, said the state would take back tracts...

PIC suspends Fidelis Madavo amid questions of R4.3bn investment in Ayo...

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FORMER mining analyst and the current head of listed investments at the Public Investment Corporation (PIC), Fidelis Madavo, has been suspended by the government-owned...

SA’s National Treasury turns down crisis-hit Zimbabwe request for $1.2bn loan

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SOUTH Africa declined Zimbabwe’s request to borrow $1.2bn (about R16bn), said Fin24 which republished a Bloomberg News article. The country made the request for a...

Implats unaffected by Zimbabwe’s #Shutdown protest action

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IMPALA Platinum's (Implats') mines in Zimbabwe were unaffected by the #Shutdown protest action that rocked Zimbabwe and disrupted economic activity last week, said Business Report which...

Canadian geologist kidnapped in Burkina Faso found dead – ministry

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A CANADIAN geologist employed at Progress Minerals who had been kidnapped whilst on site in Burkina Faso on January 15 was found dead, said...

Base Resources closes off net debt amid decent pricing, preps move...

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BASE Resources, a company that operates Kenya's largest mine, the Kwale mineral sands deposit, ended 2018 debt free following solid to strong pricing for...

Mantashe unveils community poll in effort to end the Xolobeni mining...

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SOUTH Africa's Department of Mineral Resources (DMR) has called for a vote on whether the community wants mining activities at the long-disputed site of...

Eskom load shedding, strikes hit SA mining production in November

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INTERRUPTIONS in electricity supply and strike activity took its toll on South Africa's mining sector which produced a higher-than-expected contraction in production for November,...

Tharisa adjusts 2019 guidance as reports chrome grade stumble in Q1

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LOWER recoveries and poor plant availability got Tharisa off to a relatively poor start to the 2019 financial year with first quarter chrome concentrate...

Kenmare ends 2018 with net cash in environment of improving pricing

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MINERAL sands mining firm, Kenmare Resources, ended 2018 with net cash of $13.5m, representing a $47.6m turnaround in fortunes year-on-year owing to overall record...