Tag: Africa mining news
South Africa ministry OKs AngloGold asset sale but blocks delisting
South Africa’s mines ministry has approved AngloGold Ashanti’s (JSE: ANG) (NYSE: AU) sale of its last remaining assets in the country to rival Harmony...
Wage talks with Kumba Iron Ore hit deadlock, union says
South Africa’s National Union of Mineworkers (NUM) on Wednesday said that wage negotiations with Kumba Iron Ore, owned by Anglo American, were deadlocked and...
Namibia: Trevali weighs Rosh Pinah expansion with strong prefeasibility returns
The results of Trevali Mining’s prefeasibility study on an expansion of the Rosh Pinah zinc-lead-silver underground mine in Namibia, to 1.3 million tonnes per year from...
Botswana says no guarantee on De Beers deal by end-2020
The Botswana government said there was no guarantee that it would be able to renew a new 10-year sales agreement with De Beers before...
De Beers cuts diamond prices after covid-19 curbs demand
De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the...
Glencore makes U-turn to back artisanal mining of cobalt
Glencore Plc, the top cobalt producer, backed a new initiative to support informal miners in the Democratic Republic of Congo as the industry tries...
Gem Diamonds finds 442 carat rough at Letšeng mine
Africa-focused Gem Diamonds (LON: GEMD) has found a 442-carat type II rough at its iconic Letšeng mine in Lesotho.The diamond, the company said, is one of...
AngloGold must keep South Africa listing
AngloGold Ashanti will have to keep trading shares in South Africa to conclude the sale of its last remaining assets in the country to...
South African miners to challenge new law in court next year
A South African court will in April hear an application by mining companies challenging key provisions of a new code for the sector.The firms...
Endeavour bid for Centamin will boost mining interest in Egypt – minister
Egypt said on Wednesday it welcomed Endeavour Mining’s bid to takeover Centamin Plc, saying it would encourage foreign investment in the country’s mining industry.Centamin...
Violent protests shut down key Rio Tinto mine in South Africa
Violent protests, often characterized by deadly shootings and barricades of burning tires, are making it harder for the world’s biggest mining companies to operate...
Corruption, child labor risk in Congo’s cobalt industry, OECD warns
Companies mining and buying copper and cobalt from the Democratic Republic of Congo must do more to fight corruption and child labor in the...
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