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Africa should stop expecting supercharged profits from mining: Akufo-Addo

Standing before hundreds of mining investors and executives last week, Ghanaian President Nana Akufo-Addo issued a firm warning: stop expecting supercharged profits from Africa’s...

Gold fields slumped 73%

South Africa's Gold Fields Ltd said on Friday its full-year profit slumped 73 percent, dented by a decline in bullion production led by its...

SA labor group stages nationwide protest

South Africa’s biggest labor group staged a nationwide protest against job losses Wednesday, the latest setback for an economy reeling from four days of...

Barrick gold reports $1.2 billion quarterly loss

Canada’s Barrick Gold TSX:ABX)(NYSE:GOLD), which completed its $5.4 billion merger with Africa-focused Randgold Resources at the start of the year, reported Wednesday a loss for its fourth...

Sibanye considering restructure gold making shaft

South Africa's Sibanye-Stillwater said on Tuesday it was considering measures, including restructuring if alternative solutions could not be found to bring loss-making gold shafts...

Eskom carries the most severe power cuts in years

South Africa's Eskom implemented the most severe power cuts in years on Monday after seven generating units unexpectedly went offline, underscoring the challenge President...

Harmony Gold to build solar plant

South African miner Harmony Gold is in talks to build a 30 megawatt solar power plant in the Free State province to supply power...

Gold price steadies

Gold prices held steady yesterday as investors kept a cautious stance ahead of a fresh round of Sino-US trade talks, while a firmer dollar...

Operational risks and safety must be top priority

Executives are dangerously ambivalent to implementing proper risk governance measures across industrial sectors despite overwhelming evidence of business disruptions which can occur from failing...

Acacia shines despite Tanzania’s ban on the export of mineral concentrates

Acacia Mining beat forecasts on Monday with figures for its production and costs in 2018 that lifted the gold miner back into profit, but...

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