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Author: TEPE

African nations feel an upper hand in mining deals

African nations with rich reserves of copper and cobalt needed for the shift to electric vehicles sense they have the upper hand in negotiations...

Mbanje investments leaving mining in the dust in SA

There are fears that a surprising growth in dagga investments is taking away much-needed capital from mining in South Africa.That's because dagga stocks deliver better...

Gold shines in world market

Gold’s allure shows no sign of waning as Asian consumers don more jewelry, investors spurn currencies and Swiss vaults bulge with the alternative investment,...

Russian miner to invest over $360m in Guinea mine

Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million...

FPR working on identifying suppliers

FIDELITY Printers and Refiners (FPR) said it is finalising the process of selecting companies who will supply mining equipment to beneficiaries of its Gold...

DRC’S Mutanda Mine to cut workforce

Glencore is cutting the workforce at its Mutanda copper and cobalt mine in the Democratic Republic of Congo to lower costs before a possible...

RioZim suspends operations again

Zimbabwean gold miner RioZim said on Friday it had suspended production at its three mines for the second time in four months because the...

Zambia’ Mopani Copper mines suspends operations

Glencore's Zambian unit Mopani Copper Mines Plc said on Friday it had suspended operations at its Mindola north shaft after three workers were killed...

SA Harmony Gold expects drop in earnings

South Africa's Harmony Gold said on Friday its earnings per share for the first half of the year could be up to 97 percent...

Congo copper mine world’s second largest

Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining and Crystal River Global in...

Gem Diamonds from Lesotho mine drops

Last year was a momentous one for Africa-focused Gem Diamonds (LON:GEMD), as it recovered a record number of huge precious stones from its flagship Letšeng mine in Lesotho,...

SA coal mine explosion death toll rises to six

The number of people killed by a gas explosion in an unused coal mine in South Africa's eastern province of Mpumalanga has risen to...

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