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Monday, 20th September 2021
7:21:13pm

Mining

Articles related to mining

Tanzania gold export earnings up 25% in year to August - central bank

Tanzania’s earnings from gold exports rose 25.1% in the year to August, buoyed by higher output of the precious metal, its central bank said on Thursday.

Gold exports fetched $1.91 billion in the year ending August 31, up from $1.53 billion the previous year.

“Gold export rose by 25.1 percent ... driven by volume, and accounted for more than half…

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Landslide at gold mine in eastern Congo kills at least 16

A landslide at a shuttered gold mine in eastern Democratic Republic of Congo killed at least 16 people on Wednesday, the provincial governor said.

Dozens of people die in Congo every year because of old-fashioned and unregulated mining methods that compromise safety.

“There was an accident at the Kampene mine, and for the moment we were able to get…

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First Quantum Minerals denies takeover talks

Canada's First Quantum Minerals said on Monday it had no knowledge of any potential takeover bids but confirmed it was in talks with Jiangxi Copper for a potential sale of a minority interest in its Zambian copper assets.

The company's shares have risen about 20% since Bloomberg reported on Thursday that First Quantum was attracting preliminary…

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S.Africa's AMCU refers platinum wage dispute to commission

South Africa’s AMCU union said on Tuesday it has referred ongoing platinum wage negotiations with Anglo American Platinum and Sibanye-Stillwater to the Commission for Conciliation, Mediation and Arbitration. 

AMCU President Joseph Mathunjwa said at a briefing on Tuesday that the union, the majority union in the platinum sector, would not accept…

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South African miner Exxaro buys remaining 50% stake in wind farm JV

South African miner Exxaro Resources Ltd said on Tuesday it acquired the remaining 50% stake in its wind farm joint venture for 1.55 billion rand ($105.56 million) as it looks to expand its energy business.

The move will help Exxaro consolidate its interest in renewable energy at a time when South Africa needs energy security amid increasing…

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