East Africa-focused Shanta Gold’s New Luika gold mine, in south-west Tanzania, has successfully connected to the State power grid .
The initial connection represents about 10% of the mine’s power needs and this is anticipated to increase over the next…
New Luika connected to Tanesco grid Read More »
Minerals Council South Africa CEO Roger Baxter on Friday called for urgent intervention by the Ministers of Police and Mineral Resources and Energy to investigate the violent assaults by heavily armed intruders on mining company targets, especially sme…
South Africa gold industry ‘under siege’, nine armed attacks reported this year Read More »
Gold mining major Harmony Gold has been hit by an attempted armed robbery at its Kalgold plant, in the North West, in the early hours of Friday morning.
The JSE-listed firm said that a reaction unit superviser, employed by a contracted security compan…
Armed robbers kill security officer at Harmony’s Kalgold, no gold stolen Read More »
Relations between miners Centamin and Endeavour Mining appear to remain strained, as the companies try to make headway with negotiations about a potential merger, which would create a mining company producing more than one-million ounces a year.
Ini…
Endeavour wants ‘put up or shut up’ deadline extended by one-month Read More »
Dual-listed gold miner Kirkland Lake is continuing to invest in organic growth and is advancing three new potential mining operations – two in Australia and one in Canada.
The miner is starting work on development ramps aimed at establishing two new o…
Kirkland advancing three new potential mines, provides 2020 guidance Read More »
Canadian company Lucara Diamond Corp, which operates the Karowe mine, in Botswana, has had stronger-than-expected finish to the year, with the final tender "reflecting a more stabilised market environment".
Lucara generated sales proceeds of $…
Lucara beats sales guidance on stronger prices Read More »
The Zambian government has suspended a 15% export duty on precious gemstones, excluding diamonds, JSE-listed Gemfields said on Thursday.
The suspension was announced the government gazette last week, and will take effect from January 1, 2020.
Gemfie…
Zambia drops precious gemstone export duty Read More »
Twin Metals Minnesota (TMM) is seeking approval build the state’s first underground mining operation in 50 years, near a wilderness area that the Obama-era tried to take off bounds for mining.
TMM, which is owned by Chile’s Antofagasta, on Wednesday f…
Antofagasta’s Twin Metals seeks Minnesota mine approval Read More »
As calls grow for urgent action on electricity self-generation in the wake of the recent devastating power cuts, President Cyril Ramaphosa said on Wednesday that his government was fast-tracking applications that would allow industry and businesses to …
Applications for self-generation being fast tracked – Ramaphosa Read More »
Egypt-focused miner Centamin has expressed its disappointment in the way that its potential suitor, Endeavour Mining, is tackling negotiations, slamming the Toronto-listed company for “repeatedly refusing to engage in a proper manner”.
On Monday, Ende…
Centamin says Endeavour refuses to engage in ‘proper manner’ Read More »
