.png)
Tag: Africa mining news
Bristow taking Barrick helm aids talks, Tanzania AG Says
Mark Bristow taking over the leadership of Barrick Gold Corp. facilitated negotiations with Tanzania about a multibillion-dollar tax dispute that could be resolved by...
De Beers, Botswana to expand world’s richest diamond mine
Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, have awarded Thiess’ subsidiary CIMIC a $1.2-billion contract to...
Platinum and Palladium: A New Age of Bullion
When you think of investing in precious metals, you probably think about gold and silver. It makes sense. These metals have been widely accepted as currency and...
Rwanda aims to sell stake in cement firm
Rwanda's government aims to put its 49 percent stake in the country's biggest cement maker, Cimerwa, up for sale this month, the prime minister...
Petra Diamonds shares jump after another discovery at Cullinan
South Africa’s Petra Diamonds (LON:PDL) has found a 100.83 carat gem-quality diamond at its iconic Cullinan mine in South Africa.The D-colour, Type II diamond follows the...
Tanzania threatens Acacia Mining of a possible shutdown over water pollution
Tanzania has given Barrick Gold-subsidiary Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a...
Botswana sees lower mineral revenues in 2019
Diamond rich Botswana expects mineral revenues in the 2019/20 fiscal year to drop by 4 percent to 13.6 billion pula ($1.26 billion) due to...
Eskom needs more bailouts
South Africa's struggling state power firm Eskom may need more bailouts from government to survive, after the country's energy regulator on Thursday granted it...
Zim to scrap 51% mining ownership rules
Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to...
Canadian juniors shifting focus to Africa, away from S. America
The State of Mining Finance 2019 report produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, shows Toronto's stock exchanges...
Glasenberg said to meet Tshisekedi after ties strained
Glencore Plc Chief Executive Officer Ivan Glasenberg met the Democratic Republic of Congo’s new president this week, their first encounter since Felix Tshisekedi took...
Platinum prices low: S.A output jump will push oversupply to 6-year high|
On Wednesday, platinum futures was in retreat again, sliding to $832 an ounce after a new study predicted the largest market surplus in at...
Recent articles
