Sundance wins $616m arbitration award against Cameroon
AUSTRALIAN miner Sundance Resources has won an International Chamber of Commerce arbitration dispute with Cameroon, securing roughly $616m in damages, interest and costs linked...
Congo pushes ahead with local ownership deadline
DEMOCRATIC Republic of Congo will begin enforcing a long-delayed rule requiring miners to hand over local ownership stakes from 31 July, Reuters quoted the...
Ghana jails opposition figure over illegal mining
GHANA has sentenced a senior opposition politician to 20 years in prison over charges tied to illegal mining, said Bloomberg News citing a report...
Ebola curbs strain US-Congo minerals pact
US travel restrictions imposed over Congo's Ebola outbreak are complicating a fledgling economic partnership between the two nations, said Bloomberg News, citing Congo's foreign...
Ghana to enact new law ahead of Gold Fields renewal
GHANA is drawing up its most extensive rewrite of mining rules in twenty years – a move that would sharply cut how long companies...
Ghana’s cabinet backs mining law overhaul
GHANA'S cabinet has approved amendments to the country's mining law for submission to parliament, Mines Minister Emmanuel Armah-Kofi Buah said in a Reuters report....
Mideast tensions push up Rio Tinto’s costs
RIO Tinto said higher fuel costs stemming from the US-Israeli conflict with Iran have raised its current costs and will continue to weigh on...
China pledges deeper cooperation with Namibia
CHINA has said it would deepen cooperation with Namibia across energy, agriculture, infrastructure and minerals following a meeting between its president Netumbo Nandi-Ndaitwah and...
SA gathering pace as rail, ports delivery improves
SOUTH Africa's economy is gaining momentum as the country addresses long-standing structural bottlenecks, said Bloomberg News citing Standard Bank Group.
The bank's chief economist Goolam...
Deep-sea mining threatens rare molluscs
MORE than half of mollusc species living near underwater hydrothermal vents face extinction risk from deep-sea mining, the International Union for Conservation of Nature...