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Zambia is “not in a position of crisis”, says Lungu of...

ZAMBIA would be able to repay its debt and would soon emerge from an economic slump, said Bloomberg News, citing the comments of the...

SA Govt to keep Eskom liquid through R230bn fiscal support programme...

THE South African government would lodge a special appropriation bill that would restructure "a significant portion" of a 10-year, R230bn fiscal support programme set...

Vedanta dismay as Zambia High Court rejects application, Lungu lines up...

VEDANTA Resources expressed dismay at a High Court decision in Lusaka today in which the judge rejected the firm's application to be joined to liquidation...

GEM finally rids itself of Ghaghoo as Botswana firm buys mothballed...

GEM Diamonds has dispensed with the Botswana misadventure that was its Ghaghoo diamond mine, announcing today it would sell the mine's holding company, Gem...

Nedbank, RMB part of $375m deal with De Beers for world’s...

FIVE African commercial banks have partnered in a $375m financing deal to build a new diamond mining vessel for a subsidiary of Anglo American’s...

Congo sends troops to protect China Molybdenum’s Tenke Fungurume from artisanal...

THE Democratic Republic of Congo (DRC) has deployed troops to protect the property of China Molybdenum's Tenke Fungurume copper mine, but a watchdog group expressed...

Acacia “strongly disagrees” with Barrick due diligence as dispute nears meltdown...

ACACIA Mining took exception to statements issued by Barrick Gold on Tuesday, and questioned their timing on the day that the UK's takeover authorities...

MC Mining ties up coking coal stream of Makhado in deal...

TWO months after finalising an off-take agreement for thermal coal from its Makhado project, MC Mining has a deal with ArcelorMittal South Africa (AMSA),...

The last thing Acacia needs: a human rights brouhaha entering the...

LIFE became somewhat more complex for Acacia Mining following a report in the UK's Guardian which said end-users of gold such as Canon and...

Barrick to record ‘material impairment’ of Acacia investment as predicament worsens

BARRICK Gold said it would impair its 63.9% investment in Acacia Mining this quarter following a due diligence of the UK-listed firm's Tanzanian mines...