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Edenville raises £250 000 for Rukwa

By: Megan van Wyngaardt     Updated 39 minutes ago Aim-listed Edenville Energy placed 500-million new ordinary shares of 0.02p apiece to raise funds to complete the mining licence application process for its Rukwa coal project, in Tanzania, as well as moving discussions with interested partnership groups forward. The company also placed... 

Canada's First Quantum Minerals to lay off 1 480 workers in Zambia

By: Reuters     Updated 41 minutes ago Canada's First Quantum Minerals will lay off about 1 480 workers at one of its Zambian copper projects after a reduction in its power supply curbed production, the company's local subsidiary said on Sunday. "Regrettably a reduction of approximately 1 480 construction jobs will be brought forward... 

South Africa's AMCU union rejects wage hike from gold producers – spokesperson

By: Reuters     Updated 52 minutes ago Members of South Africa's Association of Mineworkers and Construction Union (AMCU) on Sunday rejected a wage offer from gold producers of increases of up to 17%, spokesperson Manzini Zungu said. Gold firms Sibanye Gold and AngloGold Ashanti last week offered an additional R1 000 rand ($80) a... 

South Africa's AMCU union rejects wage hike from gold producers – spokesperson

Zambian villagers to take on mining firm Vedanta in UK court

By: Reuters     Updated 54 minutes ago British mining company Vedanta Resources faces legal action in London's High Court after a group of Zambian villagers said their water source and farmland was polluted by the firm's copper mining operations. Vedanta owns a 79.4% stake in Zambia's Konkola Copper Mines, which was also named by... 

India’s Supreme Court orders auction of 15 Karnataka iron-ore mines

By: Ajoy K Das     Updated 2 hours 44 minutes ago India’s Supreme Court has directed that 15 iron-ore mines in the southern province of Karnataka will have to be put up for auction and the process completed within the next 32 weeks. The apex court order would impact even those mines that had been brought back into production in 2013 after the... 

Now is the right time for S2 – Bennett

By: Esmarie Swanepoel     Updated 2 hours 47 minutes ago Takeover target Sirius Resources’ MD and CEO Mark Bennett on Monday said there was definite opportunity to expand the project portfolio of the demerged S2 Resources, following a merger of Sirius and fellow-listed Independence Group. Metals miner Independence Group in May announced plans to merge... 

Now is the right time for S2 – Bennett
Photo by Bloombeg
Sirius CEO Mark Bennett

Newmont looks to extend KCGM mine life

By: Esmarie Swanepoel     Updated 3 hours ago Gold miner Newmont Mining on Monday said it was working to extend the mine life of its Kalgoorlie operations, in Western Australia. Speaking at the first day of the Diggers & Dealers conference, senior VP for the Asia Pacific region Tom Palmer noted that Newmont’s focus was on the management... 

Panoramic changes Lanfranchi plans, dismisses staff

By: Esmarie Swanepoel     Updated 5 hours ago Nickel miner Panoramic Resources has suspended mining at its Deacon orebody, within the Lanfranchi operations, in Western Australia, following an earlier seismic activity. Mining from the Deacon orebody was expected to decline in 2016 as the orebody was depleted; however, Panoramic took the... 

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