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Tag: Africa mining news

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...

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...

African nations feel an upper hand in mining deals

African nations with rich reserves of copper and cobalt needed for the shift to electric vehicles sense they have the upper hand in negotiations...

Russian miner to invest over $360m in Guinea mine

Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million...

DRC’S Mutanda Mine to cut workforce

Glencore is cutting the workforce at its Mutanda copper and cobalt mine in the Democratic Republic of Congo to lower costs before a possible...

RioZim suspends operations again

Zimbabwean gold miner RioZim said on Friday it had suspended production at its three mines for the second time in four months because the...

Zambia’ Mopani Copper mines suspends operations

Glencore's Zambian unit Mopani Copper Mines Plc said on Friday it had suspended operations at its Mindola north shaft after three workers were killed...

SA Harmony Gold expects drop in earnings

South Africa's Harmony Gold said on Friday its earnings per share for the first half of the year could be up to 97 percent...

Congo copper mine world’s second largest

Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining and Crystal River Global in...

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