Miners welcome stance against ‘blatant corruption’ in South Africa
The Minerals Council South Africa has welcomed a push by president Cyril Ramaphosa to address corruption but said there would have to be “action on the ground”. Ramaphosa had sent…
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Botswana might be unable to renew sales agreement with De Beers due to COVID-19
Source: Xinhua GABORONE, Aug. 27 (Xinhua) -- Botswana faces the risk of being unable to renew its 10-year sales agreement with De Beers Group set to expire by the end…
Glencore makes u-turn to back artisanal mining of cobalt
Glencore, the top cobalt producer, backed a new initiative to support informal miners in the Democratic Republic of Congo. Picture: Reuter JOHANNESBURG - Glencore, the top cobalt producer, backed a…
Gem Diamonds finds 442 carat rough at Letšeng mine
The 442 carat Type II diamond found at Letšeng. (Image courtesy of Gem Diamonds.) Africa-focused Gem Diamonds (LON:GEMD) has found a 442 carat type II rough at its iconic Letšeng…
Shanta Gold completes purchase of Barrick’s gold projects in Kenya
East African mining firm Shanta Gold has completed the 100% acquisition of Barrick Gold’s subsidiary Acacia Exploration Kenya (AEKL). The shares were acquired from three of Barrick’s subsidiaries. In February,…
Sibanye’s interim profit surges, raises dividend expectations
The world’s number one platinum-group metals (PGM) supplier has performed strongly as high metal prices offset Covid disruptions at its South African mines and US recycling plant. Allan Seccombe reports…
South African mining output plummets 28% in June
South Africa’s mining output fell 28.2% year-on-year in June, StatSA said Thursday, edging up only slightly as the coronavirus pandemic continues to hamper economic activity. In May, production was down…
Will Zambian copper be part of the coming green revolution?
The global consensus, on display at last month’s World Copper Conference, is that copper will play a vital part in the coming ‘fourth industrial revolution’. Other mining jurisdictions are preparing…
platinum group metals drag down june mining production
Mining production for June contracted by a steep 28.2%, far worse than market expectations of a 15% drop. Mining production data for June released by Stats SA showed a decline…
Changes in the air for Anglo American
Anglo American office building in the Johannesburg CBD. Photo: Supplied As a leading global mining company, with a significant presence in South Africa, we are committed to attracting the best…
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