First Quantum to lay off 1,480 at Zambia copper
First Quantum Minerals is to retrench 1,480 workers at one of its Zambia copper projects following a reduction in its power supply curbed production.
AMCU rejects gold producers’ ‘final offer’
The Association of Mineworkers & Construction Union rejected the 'final wage offer' tabled last week by South Arican gold producers.
SA parliament to open nuclear energy to debate
South Africa's parliament is to hold public hearings into government plans to build 9,600MW in nuclear energy which may see it clash with the energy department.
Analysts seeking comfort in Lonmin plan
Analysts told Reuters that Lonmin's problems were significant and that a plan to restructure its business should be implemented properly.
Zambia lifts copper output 2.1% in H1
Zambia copper production was 2.1% higher in the first half of 2015 versus the same period last year as mining companies ramped up output in May and June.
First Quantum may ice project expenditure
First Quantum Minerals may delay projects in order to conserve cash as the copper price fell and it struggled with power supply cuts at its Zambian facilities.
Kenya senate passes new mining bill
Kenya's senate passed a mining bill on July 29 that will give the East African government a 10% stake in new projects.
Lower mining tax take hits Zim collections
A slump in mining royalties contributed to a six percent decline in Zimbabwe's tax take in the first half of its fiscal year.
Union Resources bids $136m for Amplats mine
Union Resources, a company representing a group of South African investors, has bid $136m for Anglo American Platinum's Union mine.
Harmony’s Kili Teke “another fantastic find”
Harmony Gold said drill results from its Kili Teke copper/gold prospect in Papua New Guinea was "another fantastic copper gold find".