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Africa
World’s biggest platinum miner braces for tough wage talks
The world’s biggest platinum producer is preparing for tough wage negotiations as higher metal prices spur labor union demands.Talks over a new three-year industry...
South Africa’s carbon tax could cost Amplats $21m a year from 2021 – CEO
South Africa's new carbon tax could cost Anglo American Platinum up to $21 million a year from 2021 its chief executive said on Tuesday,...
Niger to pay $14.5m for 10% of GoviEx’s Madaouela uranium project
Niger’s Ministry of Mines issued a letter supporting the negotiations between Canada’s GoviEx Uranium (TSXV: GXU) and the country’s federal government regarding the Madaouela...
Firestone finds another massive diamond at Lesotho mine
Africa-focused Firestone Diamonds (LON:FDI) has dug up a 72-carat yellow, whole makeable diamond at its Liqhobong Mine in Lesotho, the second one over 70-carat it...
Gold prices gain, Platinum hovers below 10-month peak
Gold prices rose on Tuesday, trading close to a more than one-week high touched in the previous session, as the dollar eased after weak...
Oil price rises highest since November
Oil prices rose to their highest level since November 2018 yesterday, driven by OPEC supply cuts, US sanctions against Iran and Venezuela and fighting...
Investors with $10 trillion in assets pressure miners over tailings safety
The Investor Mining & Tailings Safety Initiative has requested that over 600 resource companies, including major miners, reveal the safety records of their waste storage facilities,...
MMG joins Glencore, ERG reviewing Congo plans after tax hike
Yet another foreign miner in the Democratic Republic of Congo is reviewing its future production plans after the government increased taxes and removed investor...
Botswana Diamonds finishes drilling at Thorny River project
Botswana Diamonds (LON:BOD) said Thursday it had concluded drilling on the Frischgewaagt and Hartbeesfontein farms, which form part of its Thorny River diamond project in South...
World Diamond Council advocates for Africa’s artisanal diamond miners at international forum
During her opening address at the 6th Forum of the Africa-Belgium Business Week, Marie-Chantal Kaninda, executive director of the World Diamond Council, told global...
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