Africa
Africa
South32 extends S Africa mine closure
South32's manganese mines in South Africa are unlikely to restart operations until January, when a major review is expected to be completed.South32 suspended production at its Samancor Manganese joint venture mines, of which it owns a 60 per cent...
Africa
Five miners rescued in Tanzania after 41 days trapped underground
Five miners rescued in Tanzania after 41 days trapped undergroundGreat efforts to free children from the worst form of child labour have started paying off as Plan International Tanzania in collaboration with other stakeholders. (Image courtesy of Human Rights...
Africa
Company claims prize for second-largest diamond recovery
Lucara Diamond (TSE:LUC) said it recovered a 1,111 carat gem-quality diamond from its Karowe Mine in Botswana. The stone, which Lucara claims is the world's second largest gem quality diamond ever recovered, measures 65mm x 56mm x 40mm in...
Africa
‘Are you sitting down’ – Lucara CEO recounts 1,111 carat diamond news
William Lamb, CEO of Lucara Diamond Corp. (TSX:LUC), got an urgent call from his chief operating officer, Paul Day, in Botswana at 1:29 am. Monday morning. Lamb called him back at 4 a.m. “He said, ‘Are you sitting down?’”...
Africa
Gold Fields deciding Ghana’s mine fate, as bullion prices dive
Gold Fields deciding Ghana’s mine fate, as bullion prices diveGold Fields said that South Deep mine, bought for $3 billion in 2006, is on course to break even by the end of 2016. Gold Fields (NYSE, JSE:GFI), the world’s...
Africa
Lonmin investors approve key $407m rights issue
Lonmin’s Marikana mine concentrator plant. Lonmin (LON:LMI) shareholders decided Thursday to approve a deeply-discounted $407 million share issue, as the struggling platinum miner seeks cash to stay afloat. Hurting from strikes, rising costs and weak platinum prices, the South...
Africa
Angkor Gold: A gold standard for CSR
Education is a clear priority for Angkor Gold. Each academic semester 240 students are involved in programs assisted by the company. BANTEAY, Cambodia: Accessing this village eight hours north of Phnom Penh is daunting on the best of days,...
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