Home

Sat,19Apr2014

Mining

Mine workers postpone strike at AngloGold's Mali mines

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.

Read more... 

Glencore interested in buying Shell assets in Nigeria

Commodity trader and miner Glencore confirmed on Tuesday its interest in buying oil assets that oil major Shell is selling in Nigeria.

Read more... 

Ghana: Newmont to cut additional 500-600 gold mine jobs

Newmont Mining Corp plans to cut up to 600 jobs at its Ghana gold mine by June this year, its local manager said on Monday, citing an ageing facility and slumping gold prices.

Read more... 

Mining: The golden days are gone

Photo©ReutersMiners across Africa face difficult financial headwinds after the price of gold dropped by more than a fifth in 2013. Companies are cutting jobs and rethinking their investments.

Read more... 

Mining: Precious little to celebrate

Mining turnover dropped by 9.4% in 2012, and companies are now dealing with the threats of industrial action and utility tariff increases.

Read more... 

ICL to partner with Allana in Ethiopian potash mine

Potash. Photo©ReutersIsrael Chemicals (ICL) said on Thursday it would partner with Canada's Allana Potash to develop a potash mine in Ethiopia in a deal which includes ICL taking a stake in Allana.

Read more... 

South African gold mines seek ban on strikes

In an unprecedented move, the Chamber of Gold Mines have gone to court to stop Thursday's stike action by the Association of Mineworkers and Construction Union (AMCU).

Read more... 

Zimbabwe's coal mining sector gets a boost

Photo©ReutersLondon-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.

Read more... 

Time for structural reform in DRC Mining sector

Gécamines’ copper-smelting plant at Lubumbashi. Photo©thierry michel/passerelle prodOn the back of a $270m loan, state-owned Gécamines is upping its game. The mining code is under review, and first steps are being taken to increase transparency.

Read more... 

South Africa's Amplats says miners return to work after strike ends

File Photo©ReutersMiners at Anglo American Platinum's operations in South Africa have started to return to work, a spokeswoman said on Friday, after the company clinched a deal with the union to end a near two-week strike over job cuts.

Read more... 

South Africa: Closures on the cards, as turmoil hits mines

The mining community reacts as they are addressed by their leaders during a strike at Lonmin's Marikana platinum mine in Rustenburg, 100 km (62 miles) northwest of Johannesburg, May 15, 2013/Photo©ReutersPolice have confirmed that one miner has been shot dead at the Lonmin mine in Marikana in the Northwest Province.

Read more... 

South Sudan's resumption of oil production hailed

South Sudanese nationals have expressed satisfaction at a government directive for oil production to resume immediately, saying that the country was in desperate need for the money. 



Read more... 
Subscriptions DigitalEditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

SPORTS

HEALTH

BUSINESS

SOCIETY

Music & Film

SOAPBOX

COLUMNISTS

MONTHLY NEWSLETTER

Keep up to date on the latest from our network :

Connect with us