First Quantum Minerals among bidders for 17% stake in ZCCM-IH
First Quantum Minerals was one of several companies that had bid for a 17% stake in the state-owned mining investment firm, Zambia Consolidated Copper...
BCG, McKinsey & Co say no reboot for South African mining...
IT'S the productivity, stupid.
That's the underlying message from two new reports about the South African mining industry, one by consulting McKinsey & Company, the...
“John runs the board, I run the company”: Mark Bristow...
MUCH of the work needed to transform Barrick Gold Corp. had already been done by chairman John Thornton making the task of newly appointed...
Eskom ‘too big to fail’, Ramaphosa tells Indaba, setting stage for...
STATE-run utility Eskom, widely cited as the key risk to South Africa's mining industry and the wider economy, was "too big to fail", and...
Zambia describes Barrick meeting over Lumwana as having gone “extraordinarily well”
TALKS between the Zambian government and Barrick Gold regarding the future of the Canadian firm's Lumwana copper/gold mine were said by mines minister, Richard Musukwa...
AngloGold’s Dushnisky talks up $550m plan to breathe new life into...
NEW AngloGold Ashanti CEO, Kelvin Dushnisky, has given a glowing endorsement of the prospects for the group’s Obuasi gold mine currently under development at...
Ghana’s Nana-Akufo Addo says war on illegal mining yields eco-dividends
GHANA'S blitz on illegal mining is yielding environmental dividends, with fish returning to rivers heavily polluted by the practice, the president of the gold producing...
Zimbabwe mines minister Winston Chitando promises relief from currency crisis
THE issue of availability of foreign currency to Zimbabwe’s mining companies is being addressed, according to Zimbabwe’s Minister of Mines Winston Chitando, but he...
Sibanye says children burnt in firebombing as violent gold strike rumbles...
INNOCENT by-standers including children were injured in the violence triggered by the 12-week strike by the Association of Mineworkers and Construction Union (AMCU) at...
Barrick confident it can nail down $300m deal as Acacia crisis...
DISCUSSIONS between Barrick and the Tanzanian government over resolving the situation at Acacia Mining were proceeding along the lines agreed between Barrick executive chairman,...