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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...

Implats unaffected by Zimbabwe’s #Shutdown protest action

IMPALA Platinum's (Implats') mines in Zimbabwe were unaffected by the #Shutdown protest action that rocked Zimbabwe and disrupted economic activity last week, said Business Report which...

Optimum and Koornfontein coal mines up for grabs

Optimum Coal Mine together with Optimum Coal Terminal and the independent Koornfontein Mines, in Mpumalanga are now up for sale within strict parameters as...

Platinum wage talks to provide stern test to Ramaphosa’s newly formed...

WAGE talks between platinum group metal (PGM) producers and unions, including the  Association of Mineworkers & Construction Union (AMCU), will be an early test...

De Beers diamond sales moving to “more normalised” position in 2019

THIRD cycle diamond sales for Anglo American-controlled De Beers totalled $575m, just over $25m more than at the equivalent  the group said in an announcement...

Barrick say sell Lumwana copper mine to Chinese in second half...

BARRICK Gold was preparing to sell its Lumwana copper/gold mine in Zambia, according to a report by Reuters which cited three sources with knowledge...

Zambia to pass new law handing greater procurement to local companies

THE Zambian government's interventionist approach to its mining sector was on display after the country's mines minister, Richard Musukwa, was quoted by Reuters as having...

CEF to foot bill for AEMFC’s bail out of Optimum Coal...

THE South African government’s Central Energy Fund (CEF), which is housed in the Department of Energy (DoE), would fund the African Exploration & Mining Finance...

South Africa’s controversial carbon tax enshrined in law after years of...

SOUTH Africa's controversial carbon tax has finally been made law, according to Reuters which cited the National Treasury on Sunday.  The first phase of the...

AngloGold prepares Sadiola sale as Dushnisky opens account seeking “simpler” portfolio

KELVIN Dushnisky described AngloGold Ashanti's 14 mine portfolio as "heavy" and reiterated an earlier comment that the group would streamline, focusing on assets that...