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Mining in Africa is no longer about extracting minerals. The mining section will cover news that can help to unlock the true value of mining through sustainable operation and technology innovation. African mining companies are struggling to ramp up production and keep pace with the boom.

Mining

Construction of Bel Air Bauxite Mine in Guinea completed

By Thabo MphahleleAugust 11, 2018

Africa Finance Corporation, an infrastructure development finance institution in Africa, is pleased to announce the on-time completion of the Bel Air Mine in Guinea and loading…

Mining

Sibanye-Stillwater owns 38% of DRDGOLD shares worth ZAR895.7 million

By Thabo MphahleleAugust 1, 2018

Sibanye-Stillwater has announced that all the conditions precedent to the DRDGOLD Limited transaction have been fulfilled and that the transaction was implemented on 31 July 2018.…

Mining

South Africa and Russia to transfer platinum mining skills

By Bontle MoengJuly 24, 2018

South Africa and Russia today, 24 July 2018, recommitted themselves to the continued implementation of the Memorandum of Understanding (MoU) on platinum group metals (PGMs) signed…

Mining

Rand Merchant Bank cements deal with First Quantum Minerals

By Press ReleaseJuly 18, 2018

The positive outlook for the copper sector bodes well for Zambia and its copper mines with copper comprising around 60% of the country’s total exports, while…

Mining

Solar Mining Services announces two new appointments

By Thabo MphahleleJuly 18, 2018

Solar Mining Services, a new dynamic entrant to the explosives and explosive related services for the Mining and Quarry Sectors, announced the appointment of two key…

Mining

Anglo American Platinum commits to ZAR2.6 billion Venture Capital Funds

By Bontle MoengJuly 17, 2018

Anglo American Platinum commits to $200 million (c. R2.6 billion) venture capital funds managed by AP Ventures LLP focused on increasing demand for PGMs Anglo American…

Mining

Sibanye gets $500 million cash injection for gold and palladium

By Thabo MphahleleJuly 16, 2018

Sibanye-Stillwater today, 16 July 2018, secured a $500 million upfront cash payment for an amount of gold and palladium equal to a fixed percentage of production…

Mining

Proposed SA mining charter provides right framework for black empowerment

By Bontle MoengJuly 11, 2018

The South African economy’s stubborn lack of growth shows that we have still not recovered fully from the 2008 economic crisis. While the World Bank forecasts…

Mining

Black Business Council consults members on draft mining charter

By Press ReleaseJune 27, 2018

The Black Business Council (BBC) notes the release of the long-awaited Mining Charter draft by the Minister of Mineral Resources, Gwede Mantashe. “The council will consult…

Mining

Sibanye-Stillwater commits to improving safety at its operations

By Bontle MoengJune 20, 2018

Further to the announcement released on Thursday 14 June 2018 advising of the tragic loss of five employees who passed away after entering an area at…

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