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Tag: Africa mining news
South African government says it intends to de-register AMCU union
South Africa's labour registrar said he intended to de-register the militant AMCU trade union for breaking rules on how unions should operate, a move...
Lucara finds largest uncut diamond in recent history in Botswana mine
Lucara Diamond Corp has unearthed the largest uncut diamond in recent history in its Karowe mine in Botswana, the Canadian company said on Thursday,...
Ivanhoe to fast-track DRC mine into production after CITIC invests $454m
Ivanhoe Mines is ready to finish building its giant copper mine in the Democratic Republic of Congo after its largest shareholder pumped an additional...
Acacia Mining core profit slumps as Tanzanian troubles bite
Acacia Mining Plc reported a slump in underlying core earnings on Thursday as it struggled with production issues at its North Mara gold mine...
De Beers expands pilot scheme in Sierra Leone to sell ethically sourced diamonds
Anglo American’s De Beers is stepping up efforts to remove so-called “conflict” diamonds from the market by expanding a pilot program in Sierra Leone, which...
Guinea transfers oversight of state mining company to Presidency
The office of Guinean President Alpha Conde is assuming oversight of the West African nation’s state-owned mining company in a move that will hand...
Petra Diamonds on a roll after another major find at Cullinan
South Africa’s Petra Diamonds has found yet another big rock at its iconic Cullinan mine, the third coloured diamond over 100-carats since March that has...
Anti-mining activists in South Africa face harassment, death — report
Community activists who oppose mining projects in South Africa live in constant fear as they are often harassed, threatened and sometimes killed, a group...
Katanga Mining resumes cobalt exports from DRC
Katanga Mining Ltd, a unit of Glencore Plc, said on Monday it resumed exporting and selling a limited quantity of cobalt from its Kamoto...
South African gold output has longest losing streak since 2009
South African gold production shrank for a 17th straight month in February, the longest string of contractions since the financial crisis.Gold output fell 21...
Sibanye raises more cash with $125m Citi prepayment
Sibanye Gold Ltd. raised $125 million by selling future gold production, the second major step by the company this week to build up cash...
Avesoro Resources sticks to 2019 guidance, despite gold output drop
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) disappointed investors after reporting Thursday a steep drop in first quarter gold production, with performance missing board...
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