Gecamines rejects criticism about destiny of tax payments, citing company overhaul
GECAMINES, the Democratic Republic of Congo's (DRC's) state-owned base metals company, rejected criticism it ought to pay tax advances to the country's tax authorities,...
Tailings reports just the tip of the iceberg as mining’s footprint...
MINING companies globally published details of their tailings depositions on June 7 in compliance with demands issued by the Church of England Pensions Board...
Gold miners flock to Ghana which takes mantle as Africa’s largest...
GHANA is forecast to consolidate its position as Africa's largest gold producer taking a mantle longed possessed by South Africa, said Bloomberg News.
The proposed...
Odey offers to buy Acacia rights in effort to force Barrick’s...
THERE are more signs that minority shareholders in Acacia Mining are unhappy with the level of offer tabled by Barrick Gold for the company.
According...
Gold Fields realises $88m on Maverix, Red 5 as makes further...
GOLD Fields sold shares in two non-core investments for a combined $88m, a debt cutting strategy that quite likely has future funding tasks in mind,...
Bidding for AngloGold SA assets would help Harmony finance its PNG...
THE decision by AngloGold Ashanti to potentially divest of its South African operations is still relatively fresh, but an analyst thinks Harmony Gold ought...
Lucapa to kick off new $3.3m exploration phase at Angola’s Lulo...
LUCAPA Diamond Company said it would spend $3.3m on a new exploration phase at its Lulo mine in Angola over the next 12 months.
"The...
Guinea’s iron ore hopefuls facing rail route negotiations with ArcelorMittal
THE first iron ore from Guinea's giant resources may well come from smaller deposits as those are best positioned to transport the steel-making mineral,...
Sibanye-Stillwater to mothball, close four gold shafts, but limits job cuts...
SIBANYE-Stillwater will cut 3,450 jobs at its Driefontein and Beatrix gold mines reducing annual production to between 1.09 to 1.15 million ounces.
This is the...
SA mining is facing catastrophe unless it can manage the effects...
ACCORDING to the Minerals Council South Africa, full-time employment in the mining sector has shrunk by 56,366 employees over the past five years, from...