NEWS

Morocco to host largest mining convention

 Under the high patronage of His Majesty King Mohammed VI of MoroccoThe Inaugural Marrakech Mining Convention (MMC 2019)“The new meeting place for the world’s...

Flaws in South Africa’s mining royalties system brought to spotlight

Today Corruption Watch (CW) launched its 2018 Mining Royalties Research Report, highlighting the complexities and challenges in the management and distribution of mining royalties...

Learmonth ups Caledonia stake

Caledonia Mining Corporation Plc (Caledonia) director MARK Learmonth has upped his stake in the AIM-listed resources outfit after over 53 000 performance securities were offered...

NMWUZ), NEC in salary fight

WORKERS under the National Mine Workers’ Union of Zimbabwe (NMWUZ) have accused the mining sector’s National Employment Council (NEC) of not timeously processing cases...

ZMF engages Government over gold millers’ debt

THE Zimbabwe Miners’ Federation (ZMF) is in discussion with the Government over the $500 million the gold millers owe the State. In a recent interview...

Gold gains on soft equities

Gold inched up on Wednesday, after falling the most in nearly two weeks in the previous session, as share markets retreated on worries about...

Oil rises

Oil rose to around $68 a barrel yesterday as OPEC supply cuts and expectations of lower US inventories outweighed concern about weaker demand due...

Eskom price hikes to cost over 90 000 miners jobs

South Africa’s gold and platinum mines will shed around 90,000 jobs in the next three years as above-inflation electricity price increases by power utility...

Government considering bringing fuel by road

GOVERNMENT is considering bringing in fuel by road after Cyclone Idai flattened Mozambique’s port city of Beira linking the country’s fuel pipeline.The port, which...

Lonmin urges shareholders to back Sibanye takeover

Platinum miner Lonmin does not have sufficient liquidity to fund the new projects needed to avoid shaft closures and job losses, it said on...

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