Mining sector concerned at draft changes to Congo regulations
Tuesday, 10 February 2015 REUTERS
Mining companies said on Monday the Congolese government's suspension of negotiations with them over new regulations could jeopardise investments, and urged it to resist making big changes to the mining code.
The rise and rise of global commodity prices is over, but it's not all gloom and doom in the mining sector. What we can expect in the coming year is a geographical shift in both the African countries offering the best investment environment and the global players looking to profit.
Global miner Anglo American Plc has put some of its platinum mines in South Africa up for sale in a move by Chief Executive Mark Cutifani to dispose of underperforming assets, Britain's Sunday Times reported.
Mining: De Beers' big green machine sucks up Namibia's marine diamonds
Thursday, 19 June 2014 Wendell Roelf in Cape Town (Reuters)
Huge mud-sifting machinery and other technological advances pioneered by De Beers over the past decade have enabled it to profitably exploit the world's largest marine diamond deposits in deep waters off Namibia.
Africa output growth boosts Glencore copper output
Tuesday, 06 May 2014 REUTERS
Miner Glencore Xstrata met market forecasts with a 24 percent increase in copper production in the first quarter of 2014 mainly due to output expansion at its African operations and to higher grades at its South American mines.
Mine workers postpone strike at AngloGold's Mali mines
Monday, 10 March 2014 REUTERS
Mine workers at AngloGold Ashanti's Sadiola and Yatela gold mines in Mali have postponed the start of a planned strike for a few days to allow negotiations over redundancy payouts, a union official said on Monday.
London-listed coal and iron-ore exploration and development company, Sable Mining Africa - one of 20 firms granted special grants in 2010 to explore for coal and coal-bed methane gas - is set to roll out a new $500 million coal mine in Zimbabwe.