De Beers registers $550m in June sight
Anglo American's 85% owned diamond producer and marketer, De Beers, racked up sales of $550m in the June sight.
Ivanhoe waiting on DRC proposal response
Robert Friedland, executive chairman of Ivanhoe Mines, said he was waiting on a response from the DRC government regarding a proposal to sell it 15% in Kamoa.
Zambia calls for single royalty rate
Zambia's Chamber of Mines said the two-tiered royalty system was a deterrant to future mining investment in the country.
Ghana gold revenue down 17.4% in 2014
Ghana said revenue from gold mining fell 17.4% to $3.8bn in 2014 owing to lower prices and a fall in production.
Eskom needs R15bn to reduce downtime
Brian Molefe, CEO of Eskom, said the power utility needed an additional R15bn in revenue derived from a tariff increase in order to pay for critical supplies of diesel.
AMCU’s Mathunjwa wants the money
Joseph Mathunjwa, president of the Association of Mineworkers & Construction Union, has dismissed proposals from gold miners for a social pact.
DRC says Kamoa should be suspended
The central African country said its concerns about the sale of 49.5% in a copper project to Zijin Mining should be addressed first before the construction proceeds.
Call for investigation into Timis’ African Minerals
Investors have called for an investigation into the collapse in March of African Minerals, an iron ore miner backed by controversial mining magnate, Frank Timis.
Hummingbird raises £3.5m, ups Yanfolila value
Hummingbird Resources raised £3.5m in an issue of shares and said improved pit designs would improve returns from its Mali project, Yanfolila.
CRG ends talks with two of four suitors
Central Rand Gold ended talks with two Chinese companies interested in bidding for the company, and extended the deadlines for bids from two others.