Algeria opens mining to foreign investment
ALGERIA'S parliament approved legislation allowing foreign companies to own up to 80% of mining projects, marking a significant policy shift for the OPEC nation...
Mali starts work on Russia-backed gold refinery
MALI began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to...
Central banks plan record gold purchases amid dollar concerns
CENTRAL banks expect to maintain record-breaking gold purchasing patterns this year whilst anticipating a decline in US dollar holdings over the next five years,...
Afrimat CEO says firm “caught napping” on Nkomati mine
AFRIMAT'S management was "caught napping" in addressing multiple challenges at its Nkomati Anthracite Mine, CEO Andries van Heerden acknowledged in the company's annual report,...
Mali court places Barrick gold complex under administration
BARRICK Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a...
Debswana seeks $6bn for Jwaneng underground project
BOTSWANA'S diamond giant Debswana is exploring international financing options for a $6bn underground mining project at Jwaneng, according to a report by Reuters. The...