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Category: Africa

Sibanye-Stillwater has advised that it will enter into consultation with relevant stakeholders in terms of Section 189A (Section 189A) of the Labour Relations Act, 66 of 1995 (LRA), regarding the possible restructuring of its gold operations and associated services, pursuant to ongoing financial losses experienced at the Beatrix 1 and Driefontein 2,6,7,8 shafts during 2018. …

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Australia’s largest gold producer, Newcrest Mining (ASX: NCM) is selling its Séguéla gold project and its portfolio of 11 exploration tenements in Côte d’Ivoire to Canada’s Roxgold (TSX: ROXG) in a deal valued at $30 million. The Toronto-based miner will pay $20 million upfront, followed by a $10 million deferred payment due if and when Séguéla …

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Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his Chinese-backed copper project in the Democratic Republic of Congo “definitely”  has the potential to become the world’s second-largest mine of the red metal. “Kamoa-Kakula will become the world’s second-largest copper mine with peak annual production of more than 700,000 tonnes of copper …

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Richard Calland, Paternoster Group: African Political Insight; SRK’s Matthew Law; SRK partner Marcin Wertz and SRK managing director Vis Reddy; and Lawson Naidoo, Paternoster Group: African Political Insight. SRK Consulting hosted clients and media from the mining industry at a networking cocktail at this week’s Mining Indaba in Cape Town where two acclaimed political commentators …

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Innovation and technology are playing increasingly valuable roles in boosting performance and sustainable efficiency in mines throughout Africa. Schneider Electric, which has been partnering with mining companies for more than four decades, has a dedicated Mining, Metals and Minerals (MMM) Division and a digital technology platform that is positively impacting productivity in the mining sector. …

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Growing levels of public sector corruption can stifle a country’s economic growth while also chipping away at political freedom. Which parts of the world are perceived to be most corrupt – and further, how does this data differ between regions, and how has it trended over time? The corruption perception index (CPI) Today’s chart pulls …

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GoviEx Uranium (TSXV: GXU) is studying the possibility of powering its flagship Madaouela project in northern Niger using a dedicated and renewable hybrid solar power solution. In a press release, GoviEx explained that management is working together with Windiga Energy, with whom they have signed a memorandum of understanding, to determine if such an idea …

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