Gold output in Ghana jumped by 12% in 2018 to 4.8 million ounces (Moz), eclipsing South Africa’s output of 4.2Moz for the first time and becoming Africa’s largest gold producer in the process. South Africa’s gold sector has been in gradual decline for several years, with...
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...
Mining Indaba and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) brought together a number of major industry organisations on October 17th to discuss the role of communities in shaping the development of Africa’s mining sector. The meeting took place at the IGF’s...
Zimbabwe’s Minister for Mines and Mining Development Winston Chitando has confirmed that the successful bidders of several state-owned mining assets will be announced in two weeks. Zimbabwe Mining and Development Corporation (ZMDC) has held tenders for six mines and will put on sale its remaining 20...
South Africa has published a revised version of the new charter for the mining sector, which will attempt to reverse the recent decline in the industry and attract fresh investment. The unveiling of the third version of the charter brings to an end a seven-month engagement...
The 2018 International Conference on Artisanal and Small-scale Mining & Quarrying (ASM18) kicked off in Livingstone, Zambia yesterday with over 500 people from more than 70 countries gathering to chart a vision for sustainable development in the sector. ASM18 is the largest international gathering of artisanal...
Acacia Mining has revealed that its majority shareholder Barrick Gold has failed to meet a mid-year target for the completion of talks to end a debilitating tax dispute with the government of Tanzania. African gold-focused miner Acacia was accused of significantly under-declaring export revenues for 17...
Regulations to implement the Democratic Republic of Congo's new mining code have been signed into law with no changes, despite complaints from top mining firms operating in the country. DRC’s Prime Minister Bruno Tshibala’s advisor Patrick Mutombo Buzangu told Reuters that the regulations were signed into...