African mining Tag

Canada’s Endeavour Mining has dropped its plan to acquire Egypt-focused Centamin for US$1.9 billion as it did not get enough information on the latter’s assets during an assessment. Centamin’s sole operating asset is the Sukari Gold Mine, located in the Eastern Desert approximately 700 km from...

A new report by global consultancy Verisk Maplecroft has found that resource nationalism is set to increase across African mining jurisdictions in the near future. Verisk’s latest Resource Nationalism Index (RNI) had four African states in the top 10 highest risk countries, with Tanzania ranked second, eSwatini (formerly...

The landmark 25th edition of the Investing in African Mining Indaba kicked off this morning to the delight of the international mining community, who have descended on Cape Town to enjoy Africa’s largest mining investment event. Mantashe paints brighter picture for SA mining investors The Mining...

Investing in African Mining Indaba officially opened trading on the London Stock Exchange (LSE) this morning, with Mining Indaba’s 25th anniversary event in Cape Town less than a month away. The market was opened by Mark Shashoua, CEO of ITE Group plc, which acquired Mining Indaba...

ASX-listed Resolute Mining increased its gold production by 33% in the quarter ending December 2018, a period which managing director John Welborn described as a ‘turning point’ for the company. Total gold output stood at 73,691 ounces in the last quarter of the calendar year, with...