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Africa
Profit slumps at Australia’s South32 as trade war hits aluminium prices
Reuters-Australian miner South32 Ltd reported a bigger-than-expected 25% drop in annual profit as the trade war between China and the United States hurt aluminium...
Zim Mine worker kidnapped by rebels in DRC
REBELS kidnapped a Zimbabwean and South African worker/s at Banro Corp’s gold mine in the east Congolese province of Maniema on Sunday, a DRC...
SA platinum giants to hammer out wage deal
When the world’s biggest platinum miners sit down to hammer out a wage deal this week, they’ll hold two potentially winning cards in reserve:...
Glencore’s Congo tragedy highlights security conundrum for miners
DAKAR/LIMA (Reuters) - The deaths of 43 illegal miners at a Glencore facility in Congo last week highlighted a growing challenge for mining companies...
Miners emerge from underground after 9 day strike
AFTER spending nine days underground as part of a sit-in in protest against mine management300 miners emerged from the Lanxess Chrome Mines near Rustenburg.Trade...
350,000 tonnes coal deal near Zim border
MC Mining Ltd (LON:MCM) chief executive David Brown described as a “massively positive step” the signing of an offtake deal to supply one of...
Lungu threatens to fine miners
LUSAKA (Reuters) – Zambia will fine and break ties with mining firms that fail to operate according to the southern African country’s laws, President...
South Africa gold mining continues to lose its shine
JOHANNESBURG - Gold production is on its longest losing streak in more than a decade.Fresh from losing its status as continent leader to Ghana,...
South African carbon tax finally becomes law
South Africa's long-delayed carbon tax has been enshrined in law, the treasury said on Sunday, as one of the continent's worst polluters transitions to...
Miners in Congo face subcontracting limits under new rules
Companies in the Democratic Republic of Congo will have to ensure subcontractors they hire are domestically owned under rules being implemented by the government.The...
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