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Kibo completes 60% purchase of Mast Energy opening up UK power...

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KIBO Energy said it had completed the acquisition of a 60% stake in Mast Energy Developments (MED), a company in the UK that specialises...

Artisanal mining of cobalt in the DRC cannot be “wished away”:...

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PRODUCTION of cobalt by artisanal miners cannot be "wished away", reported the Financial Times citing the comments of Jeremy Weir, the head of commodity...

Ramaphosa stimulus unlikely to give SA mining economic lift: Fitch

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SOUTH Africa's mining sector was unlikely to respond to efforts by the country's president, Cyril Ramaphosa, to stimulate the economy, said BusinessLive which cited...

Vitol, Trafigura enter bidding race for Optimum Coal Mine

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VITOL and Trafigura will square off against one another for Optimum Coal Mine as bidding for the struggling South African operation opens, said Bloomberg...

Project developer gives 12 month deadline for $2.8bn Mozambique coal line

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A LONG-standing plan to build a $2.8bn railway linking Mozambique's Moatize coal district with Macuse on the peninsula may eventually collapse if mining firms...

Ramp up in Guinea’s bauxite production hurting communities – HRW

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RURAL communities in Guinea have been harmed by the increase in bauxite mining in the West African country, said Reuters citing a report by...

VMR signs three-year wage deal with NUM, Solidarity, UASA

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VILLAGE Main Reef (VMR) added its name to gold producers that had settled three-year wage deals with unions, saying it had concluded an agreement...

Alphamin meets conditions to draw down on $25m credit facility

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ALPHAMIN Resources Corporation, the Toronto- and Johannesburg-listed firm developing the Bisie tin mine in northern Democratic Republic of Congo said it had satisfied conditions...

NUM signs new three-year wage deal with Harmony Gold

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UNIONS representing 69% of employees at Harmony Gold's South African operations, including the National Union of Mineworkers (NUM), signed a new three-year wage deal,...

Sawiris’ La Mancha completes $125.7m swoop on Golden Star

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GOLDEN Star, a Toronto-listed gold producer and exploration company operating in Ghana, said La Mancha had completed a $125.7m cash investment buying a 30%...