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Tag: Africa mining news
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...
Blue diamond found by struggling Petra sold for $14.9 million
South Africa’s Petra Diamonds (LON:PDL) has sold a 20.08-carat blue precious rock it found in September at its iconic Cullinan mine for $14.9 million, or about...
China in gold-buying spree
China has added more than 100 tonnes of gold to its reserves since it resumed buying in December, reinforcing its standing as one of...
Hunt for palladium sends SA miners abroad
JOHANNESBURG. — Southern Africa is home to the world’s richest platinum deposits, but when Impala Platinum Holdings pondered how to invest its windfall profits...
South Africa gold mining continues to lose its shine
JOHANNESBURG - Gold production is on its longest losing streak in more than a decade.Fresh from losing its status as continent leader to Ghana,...
South African carbon tax finally becomes law
South Africa's long-delayed carbon tax has been enshrined in law, the treasury said on Sunday, as one of the continent's worst polluters transitions to...
Miners in Congo face subcontracting limits under new rules
Companies in the Democratic Republic of Congo will have to ensure subcontractors they hire are domestically owned under rules being implemented by the government.The...
Central banks buy gold in quest for safety
Net buying by central banks reached 145,5 tonnes in the first quarter, 68 percent higher year-on-year. This is the highest volume of Q1 net...
1,800 workers trapped underground in South Africa mine
About 1,800 workers are trapped at a Sibanye Gold platinum mine in South Africa after an accident halted operation of a shaft used to...
Alphamin begins commissioning Bisie tin mine in DRC
Africa-focused Alphamin Resources (TSX-V: AFM) has begun commissioning its Bisie tin mine in North Kivu, a remote province in the eastern region of the Democratic Republic of...
South Africa’s firebrand mine unionist is headed for a showdown
One of the most polarizing figures in South African mining, union leader Joseph Mathunjwa, has never hesitated to go head-to-head with powerful CEOs. Now...
Illegal miner suffers amputation of legs in freak accident
An alleged illegal miner had both his legs amputated by a digger in the City Deep area of Johannesburg on Sunday morning, paramedics said.“The...
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