Mining

Australian mining companies are engaging in secretive tax practices that are depriving governments in Africa millions of dollars in tax revenue that could be spent on public services to tackle poverty and inequality, a new research released Monday has revealed. The research report, Buried Treasure, estimates that...

South African High Court on Friday approved a groundbreaking settlement on behalf of Southern African gold miners suffering from occupational lung disease.  The historic class action settlement, the first ever of its kind in South Africa, reflects more than a decade of preparation and...

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) is actively seeking to extend the life of its Tongon gold mine while at the same time exploring new opportunities elsewhere in Côte d’Ivoire, president and chief executive Mark Bristow said here today. Speaking at a briefing for local media...

Emirates Global Aluminium (EGA), has announced that its wholly-owned subsidiary Guinea Alumina Corporation (GAC) has successfully closed the Republic of Guinea’s largest-ever project financing for a greenfield mining project, in a step forward for EGA’s bauxite mining project and for Guinea’s economy. The $750 million...

Zimbabwe has started power cuts across the country that will last up to eight hours a move that is expected to negatively affect the mining industry which accounts for more than three-quarters of Zimbabwe’s export earnings. Zimbabwe Electricity Transmission and Distribution Company (ZETDC) said in a...

Perseus Mining Limited (ASX/TSX: PRU) is an Australian headquartered, West African focused gold mining company, that is currently actively involved in exploration, development and production of gold in Ghana and Côte d’Ivoire. The Company currently has two operating gold mines, Edikan in Ghana and Sissingué...

How can Côte d’Ivoire attract further foreign investment in the gold mining sector? JEFF QUARTERMAINE: The potential for new gold discoveries in C ô te d’Ivoire is very good. When coupled with government receptiveness to foreign investment, this augurs well for the growth of the local...

The Democratic Republic of Congo(DRC) has the potential to become the world’s largest copper producer through the consistent application of clear and rational mining policy, an official from Standard Bank Group has said. Peter von Klemperer, the Head of Mining and Metals Standard Bank says that...

“The DRC is just too important a jurisdiction from a resource volume and grade quality perspective for any serious player in the global mining sector to ignore” says Peter von Klemperer, the Head of Mining and Metals at the Standard Bank Group, and the...

Construction is underway for a major LPG import and storage facility in Richards Bay, north of Durban in South Africa, the firms behind the project have confirmed. South Africa’s Bidvest Tank Terminals (BTT), a unit of Bidvest Group, and liquefied petroleum gas (LPG) firm Petredec said...