NEWS
Gold trades one-week low
Gold was trading close to a more than one-week low yesterday weighed by a stronger dollar but uncertainties around the Sino-US trade spat and...
DRC copper production rises 12.9%
Copper production in Democratic Republic of Congo, Africa's top producer, rose 12.9 percent in 2018 to 1.2 million tonnes, the Chamber of Commerce said...
Zambia holds firm on tax regime
Zambia, Africa’s second-largest copper producer, sees recent changes to its mining royalties regime as fair and won’t consider a review despite warnings from the...
South Africa’s Sibanye seeks to expand gold territory
South Africa’s biggest gold producer would consider buying more assets in the country after paying off debt from previous acquisitions.Sibanye Gold Ltd. hasn’t discussed...
Zimbabwe Stock Exchange snubs Falgold
The Zimbabwe Stock Exchange Limited (ZSE) has suspended Falcon Gold Zimbabwe Limited (Falgold) from trading on the local bourse after the gold miner failed...
South Africa mine set to build largest solar power in Australia
South Africa-based Gold Fields has announced plans to build one of the world’s largest solar power and battery facilities at its Granny Smith gold...
Nigeria’s largest gold mine construction set to begin
Canada-listed junior miner Thor Explorations (TSX-V:THX) is getting ready to begin construction at its Segilola project in Nigeria, poised to become the country’s first...
Zambia attracts mining investment
Zambia has received bids from Canada's First Quantum Minerals (FQM) and others for a 17 percent stake in state mining investment arm ZCCM-IH, the...
SA Rand tracks the fortunes of Iron ore
If you are searching for clues on how the rand will move next, watch the iron-ore price.The South African currency is closely tracking the...
Govt targets 4 billion USD mining revenue
Zimbabwe is targeting to generate over US$4 billion in revenue from the mining sector this year, Mines minister Winston Chitando has said.In 2018, the...
Gold delivery surpasses 1999 record
GOLD deliveries to Fidelity Printers and Refiners reached a record 33,3 tonnes in 2018, surpassing the 27 tonnes produced in 1999.The increase has been...
Diamond should champion fight against inequality
With roughly $15 billion allegedly lost from Marange diamonds, the opportunity to fight inequality through domestic resource mobilisation was possibly squandered. All is not...
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