Lucapa Diamond refinances Mothae debt in R100m deal with shareholder
LUCAPA Diamond Company sought to ease the pressure on its balance sheet after agreeing loan terms with an entity owned by non-executive director and...
DRC’s mining sector doubles revenue payments to $1.57bn in 2018
THE Democratic Republic of Congo’s (DRC's) mining sector paid $1.57bn in revenues to the government last year, up 91% on 2017, said Reuters which...
NUM welcomes crime prevention unit as AMCU’s Sibanye-Stillwater strike rolls on
THE National Union of Mineworkers (NUM) said it welcomed an increased police presence in communities affected by a strike at the premises of Sibanye-Stillwater...
West African Resources on track for 200k oz/y from Burkina Faso’s...
WEST African Resources, a Sydney- and Toronto-listed gold development firm, said it was on track to produce in excess of 200,000 ounces a year...
Barrick’s Thornton heartened by DRC president Tshisekedi’s call for investment
BARRICK Gold was "encouraged" by Democratic Republic of Congo (DRC) president, Felix Tshisekedi's speech during a state visit to the United States in which...
Botswana copperbelt has potential to take MOD Resources to mid-tier status
MOD Resources could one day produce double the copper scoped in a recent feasibility study - up to 60,000 tonnes annually - said the firm's...
De Beers pleased with US directive on marketing laboratory-grown diamonds
DE Beers, the diamond miner and marketer 85%-owned by Anglo American, said it was pleased with a notice issued by US Federal Trade Commission asking...
Uganda to breathe new life in copper mine last operated during...
UGANDA is hoping to re-open a copper mine last operated in the Seventies under the leadership of dictator, Idi Amin Dada, said Reuters citing Evelyn...
Northam Platinum’s ‘can of worms’ could be a master-stroke
NORTHAM Platinum is opening a new can of worms at the Eland mine near Brits that has the potential to revolutionise drilling.
Partnering with Master...
Jubilee Metals confident it can continue new-found winning streak
JUBILEE Metals was confident it would maintain profit-making after producing bottom line interim success ended December 31, said BusinessLive citing the company.
Jubilee would lift...