Sunday, 20th May 2018


Articles related to mining

South Africa's Tharisa acquires 90 percent stake in Zimbabwean chrome

South African mining firm Tharisa has bought a 90 percent stake in Salene Chrome Zimbabwe Limited, it said on Wednesday, gaining access to rich chrome deposits and growing its presence in Zimbabwe.

Tharisa previously announced an interest to move into Zimbabwe’s Great Dyke region, which is considered to have chrome and platinum reserves comparable…

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Glencore, Barrick expect prospecting licence for Tanzania nickel project

Global miners Glencore and Barrick Gold expect to receive a prospecting licence for a nickel joint venture in Tanzania after the government cancelled its retention licence, Barrick said.

The retention licence of the undeveloped Kabanga nickel project was one of 11 licences cancelled as part of enforcement of a new mining regulations which were…

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South Africa's NUM union seeks 37 pct pay hike from gold miners over two years

South Africa’s National Union of Mineworkers (NUM) has submitted wage hike demands in the gold sector of up to 37 percent over a two year period, according to a document submitted to the Chamber of Mines seen by Reuters. 

The demands far exceed the current inflation rate of 3.8 percent and suggest potentially tough negotiations with companies that…

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Thor Explorations aims to lead Nigeria's new mining pack

Canada-listed junior miner Thor Explorations aims to bring Nigeria’s first large-scale gold mine online in early 2020, its CEO said, as the West African country seeks to diversify its economy away from oil and gas.

Following the commodity price crash of 2015-16, the World Bank in April 2017 said it was providing funds to help the Nigerian…

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Parly grilling of Mugabe over Zim diamond corruption delayed

Former Zimbabwe president Robert Mugabe will not appear before a parliament committee this week to answer questions on multi-billion-dollar corruption in the diamond industry after the hearing was postponed, a lawmaker said on Monday.

The 94-year-old Mugabe had been summoned to appear before a mines and energy committee on Wednesday.

But the member…

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