NEWS

Avesoro Resources sticks to 2019 guidance, despite gold output drop

West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) disappointed investors after reporting Thursday a steep drop in first quarter gold production, with performance missing board...

Brutality in Mining continues, Chikoore freed?

KADOMA businessman and miner Litten Chikoore who was captured on camera assaulting Pedzisai Mangisi for allegedly stealing from him was sentenced to eight months...

Nearly 2,000 Zambian villagers can sue Vedanta in England – Supreme Court

Nearly 2,000 Zambian villagers have the right to sue mining company Vedanta in the English courts, London's Supreme Court said on Wednesday, raising the...

Zimbabwe mulls ‘use it or lose it’ approach to mining rights

Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals, the deputy mines minister said on Wednesday, part of...

Oil prices fall on surging U.S. crude supply, economic slowdown

Oil prices fell on Thursday, pressured as U.S. crude stockpiles surged to their highest levels in almost 17 months amid record production and as...

Gold holds near two-week high on dovish central banks

Gold edged lower, but was trading close to a two-week peak scaled in the last session as dovish U.S. and European central banks fanned...

More woes for Redwing Mine workers

It literary never rains, but pours for Redwing Mine workers who have not been paid for the past 15 months, but stayed put at...

Zim considering taking away mining rights

Zimbabwe is considering taking away mining rights from companies that are taking long to dig for minerals, Mines deputy minister, Polite Kambamura, said yesterday.Speaking...

Gold near 2-week peak on trade tensions, growth worries

Gold prices edged lower on Wednesday, but traded near the previous session’s two-week peak as equities slipped after the International Monetary Fund (IMF) cut...

Oil hit a five-month high

Oil hit a five-month high above $71 (54.2 pounds) a barrel yesterday, supported by concern that violence in Libya could further tighten supply, although...

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