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Chinese miner secures Kazakhstan gold acquisition

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ZIJIN Mining Group has struck a deal to acquire a Kazakhstani gold operation for $1.2 billion, marking the Chinese firm's largest takeover in six...

US investor targets Congo mine for peace deal

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A PROMINENT Donald Trump ally is pursuing control of a controversial Congolese mine as part of Washington's fresh approach to resolving the region's long-standing...

Thungela, the coal mining success no-one expected

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STRICTLY speaking, Thungela Resources CEO July Ndlovu is retiring a year earlier than at the firm’s mandatory age of 60. In a twist of...

Gold bolsters big miner revenues in 2024, says PwC

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GOLD mining revenue prevented the world's largest miners from reporting a third consecutive decline in aggregate revenue, according to a report by PwC, an...

Thungela sheds cash as rain, geology hits coal output

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THUNGELA Resources reported higher-than-forecast operating costs at its coal mines for the year-to-date (end-May) owing to production disruptions. Heavy rains disrupted production at Isibonelo and...

Mali to restart production at Barrick’s Loulo-Gounkoto

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MALI said a temporary administrator will restart production at Barrick Mining's Loulo-Gounkoto gold complex, which was put under provisional administration earlier this month, according...

Cutifani steps down as Vale Base Metals chair

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MARK Cutifani is stepping down as chair of Vale Base Metals after two years amid a possible listing of the copper and nickel business...

Harmony Gold never better placed to build Wafi-Golpu

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HARMONY Gold had never been in a better position to finance and build the massive Wafi-Golpu copper/gold project in Papua New Guinea (PNG) in...

Ivanhoe to overhaul mining at Congo’s Kakula mine

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FUTURE mining operations at the Kakula copper mine in the Democratic Republic of Congo would be drastically modified following seismic activity in May which...

Sibanye-Stillwater to restart R5bn Burnstone gold project

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SIBANYE-Stillwater is expected to approve the restart of its R5bn Burnstone gold project in South Africa's Mpumalanga province. Neal Froneman, CEO of the precious metals...