News


'Parts of SA mining sector in the ICU'

Cape Town - Job losses in South Africa's mining sector are likely to accelerate with mining companies such as Glencore and Anglo American battling to cope with a gl read more......
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Ghana's Economy Suffering Amid Illegal Mining Activities

The Chamber thus issued a warning that Ghana could lose “heavily” if their activities are allowed to fester ahead of the election in November.

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ANGOLA UNEARTHS ITS BIGGEST DIAMOND EVER - AN ENORMOUS 400 CARAT DIAMOND WORTH $20 MILLION

In a little over a year since it began operations in Angola, Australian diamond-mining company, Lucapa, has just discovered an enormous 400-carat diamond in the Lulo re read more......
{read by 629 people}






Diamond mine closed over Sh375m tax arrears

Shinyanga. Tanzania Revenue Authority (TRA) has shut down a diamond mine belonging to El-Hillal Minerials Limited in Kishapu District, Shinyanga Regi read more......
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Gold drops $30 as investor appetite for riskier assets grows

Gold futures dropped sharply on Monday on signs of growing appetite for riskier assets as Japanese stocks surged 7%.

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Acacia Mining swings to loss; dividend flat

LONDON--Tanzania's largest gold miner Acacia Mining PLC (ACA.LN) said Wednesday that it swung to a net loss last year due to a lower gold price, but it will still read more......
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Formalising artisanal mining can spark great benefits, say NGOs

 CAPE TOWN (miningweekly.com) – Some of the millions of artisanal mineworkers in the world are starting to get recognition, with more of these miners working read more......
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Sierra Leone 'Peace Diamond' sold for less-than-expected

  1. Sierra Leone has sold one of the world's largest diamonds ever found at an auction in New York on Monday, fetching a lower-than-expected price of $6.5 million The egg-sized, 709-carat rough "Peace …
  2. {read by 2 people}


Chinese 'investor' moves to evict 10,000 artisanal miners

  1. The space for artisanal miners in Uganda is slowly shrinking. As the country tries to strike a deal between artisanal miners and a developer of a gold mine in Mubende, a similar problem is playing out…
  2. {read by 3 people}


Mining ministry hosts sector stakeholders

  1. The Ministry of Mining will hold the second edition of the annual Kenya Mining Forum in Nairobi that is expected to be opened by President Uhuru Kenyatta. The two-day event will showcase Kenya's mi…
  2. {read by 2 people}


Mining industry must spread social and environmental progress to small-scale mines

  1. Artisanal and small-scale mines, normally operating in the informal economy, produce a big chunk of the minerals we use every day -- about a fifth of the world's gold produced each year, for example. …
  2. {read by 113 people}


Artisanal miners being duped

  1. Fidelity Printers and Refiners (FPR) said on Monday artisanal miners, who are contributing significantly to the country's gold production, were being duped by middle-men who are buying the yellow meta…
  2. {read by 121 people}


How a young German director documented illegal gold mining in Ghana

  1. Filmmaker Johannes Preuss has received a student Oscar for his film, "Galamsey," which was shot in Ghana and looks at the illegal gold trade there. DW met him to discuss how the country could "turn in…
  2. {read by 159 people}



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