R/€ = 16.27 Change: 0.01
R/$ = 14.39 Change: 0.01
Au 1238.58 $/oz Change: 0.51
Pt 783.50 $/oz Change: -9.03


Congo State miner warns Randgold on transfer of Kibali mine to Barrick

By: Reuters     28th September 2018 Congo's State miner Sokimo warned Randgold Resources on Friday that Sokimo would "assert its rights" in Barrick Gold Corp's acquisition of Rangold's stake in the Kibali project under a takeover deal, but Sokimo did not clarify its plans. Canada's Barrick Gold agreed to buy Randgold Resources Ltd... 

Congo mining revenues triple in H1; oil revenues fall by a third

By: Reuters     10th September 2018 Democratic Republic of Congo's revenues from its mining sector nearly tripled in the first half of 2018 over the same period last year to $864.61-million, the finance ministry said. Revenues from the hydrocarbons sector, however, declined by a third to $67.75-million, the ministry said in a... 

Congo's H1 copper production rises 8%; cobalt output up 38%

By: Reuters     31st August 2018 Copper output in Democratic Republic of Congo rose 7.9% year-on-year in the first half of 2018 to 597 249 tonnes and cobalt production jumped 37.6% to 52 491 tonnes, the central bank said on Thursday. Congo is Africa's top copper producer and the world's leading miner of cobalt, which is a key... 

AngloGold's Guinea mine resumes operations after one-day strike

By: Reuters     30th August 2018 Operations have resumed at AngloGold Ashanti's Siguiri gold mine, in Guinea, after a workers strike halted activities for a day, a company vice president said on Thursday. "There was a day-long stoppage, which has since ended. No impact on full-year production," Chris Nthite told Reuters. 

Congo mining regulations to be signed into law on Friday – mines minister

By: Reuters     7th June 2018 Democratic Republic of Congo's prime minister will sign into law on Friday regulations to immediately implement a new mining code without any concessions to industry demands that key provisions be amended, the mines minister said on Thursday. The move could set off a legal battle between the... 

Congo mining revenues triple in Q1; oil revenues down 11%

By: Reuters     6th June 2018 Democratic Republic of Congo's (DRC's) revenues from its mining sector tripled year-on-year in the first quarter of 2018 to $397.86-million, finance ministry data showed. Revenues from the oil and gas sector dropped 10.87 percent year-on-year in the first quarter to $29.45-million, according to... 

Congo Supreme Court rejects Glencore bid to move dissolution case

By: Reuters     1st June 2018 Congo's Supreme Court has rejected claims by a Glencore unit that a commercial court is not competent to hear a petition to dissolve it brought by State miner Gecamines, a Gecamines lawyer said on Friday. Gecamines is seeking to dissolve Kamoto Copper Company (KCC), blaming majority-owner... 

Congo copper production in Q1 rises 8%; cobalt output up 34%

By: Reuters     31st May 2018 Democratic Republic of Congo produced 296 717 t of copper in the first quarter of 2018, up 8.2% over the same period last year, the central bank said in a report on Thursday. Cobalt production in the first quarter of 2018 rose 34.4% to 23 921 t, the bank said. 

Glencore's Congo mining conundrum

By: Reuters     4th May 2018 Miner and commodities trader Glencore is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms. US sanctions on Glencore's former Israeli partner in Congo have been a trigger for... 

Miners insist on rewrite of Congo mining code to protect exemptions

By: Reuters     6th April 2018 International mining companies have insisted that Democratic Republic of Congo amend portions of a new mining code to respect exemptions they were granted by its predecessor. The companies announced last week that they had submitted a formal proposal to the government but the document itself,... 

Congo's 2017 mining revenue up 36% while oil revenue doubles

By: Reuters     26th March 2018 Democratic Republic of Congo's 2017 mining sector revenue rose 35.6% to $822.2-million while revenue from the oil and gas sector jumped by 103% to $203.9-million, finance ministry data showed. Mining revenue in the fourth quarter more than doubled helped by higher prices for key exports such as... 

Congo's Kabila signs into law new mining code

By: Reuters     12th March 2018 Democratic Republic of Congo President Joseph Kabila signed into law on Friday a new mining code that raises royalties and taxes on operators, the presidency said in a statement. International mining companies that operate in Congo, Africa's top copper producer, have vigorously opposed the new... 

Kabila meeting with mining companies postponed until Wed

By: Reuters     6th March 2018 Democratic Republic of Congo President Joseph Kabila's plan to discuss proposed changes to mining royalties with mining company representatives on Tuesday was postponed by a day, a government minister said. No reason was given for the decision to delay the meeting. 

Kabila yet to sign new mining code as deadline nears

By: Reuters     20th February 2018 Democratic Republic of Congo's President Joseph Kabila has not yet signed into law a new mining code, a senior aide said on Tuesday, as international mining companies wage a last-ditch lobbying effort against the measure. The comments by Jean-Pierre Kambila, Kabila's deputy chief of staff, come... 

Congo mines say revised code threatens industry's future

By: Reuters     12th December 2017 Mining companies in Democratic Republic of Congo said on Monday that proposed changes to the mining code adopted by the lower house of parliament last week would do lasting damage to investment in Africa's top copper producer. The process of revising the 2002 mining code in Congo has dragged on... 

Avenira's Senegal project moves into operational stage

By: Esmarie Iannucci     3rd October 2016 First phosphate product from the Baobab project, in Senegal, has been trucked to the Port of Dakar, ASX-listed Avenira reports. “The Baobab phosphate project continues to progress steadily and it is excellent to see the first trucking of phosphate product to the stockpile at the Port of Dakar,... 

SIM Senegal 2016

28th September 2016 SIM Senegal 2016 Under the High Patronage of His Excellency Macky SALL President of the Republic of Senegal 4th Senegalese Mining Conference & Exhibition, Dakar, Senegal 8 – 10 November 2016 SIM Senegal set to be West Africa’s largest mining event in 2016 The fourth edition of the Senegalese... 

Randgold CEO Bristow ‘super excited’ about Africa as ‘next China’ 

By: Martin Creamer     26th September 2016 Africa needs investments coupled with aggressive growth and if correctly managed, will be the world’s "next China", says Randgold Resources CEO Dr Mark Bristow, who has developed half a dozen highly successful gold mines on the continent besides traversing its length and breadth on his motor... 

Avenira seals another offtake deal for Senegal phosphate project

By: Mariaan Webb     16th August 2016 Australia-based Avenira has signed another offtake agreement for production from the Baobab phosphate project, in Senegal. Under the latest three-year agreement, Polyserve Import Export and Trade will buy 120 000 t/y of rock phosphate from the Baobab mine at market-based prices. The product will... 

BBE brings cooling to Mali mine

7th December 2015 BBE Projects has been awarded a mine cooling project for the complete turnkey design and build of two refrigeration and air-cooling installations in Mali. This is BBE Project’s third refrigeration installation this year in Africa, the first being the second phase of the air-cooling programme at... 

Risk in Africa is manageable – gold miner

By: Dylan Stewart     10th July 2015 Africa is generally considered a high-risk mining environment, but gold explorer and miner Randgold Resources CEO Mark Bristow argues that the problem is rather that companies are not flexible enough to adapt their management techniques to different mining environments.  

Mali eyes $9.5bn rail projects to unlock iron ore, bauxite deposits

By: Reuters     27th October 2014 Landlocked Mali aims to diversify its mining sector away from gold with Chinese-built rail projects worth $9.5-billion that would link it to the Atlantic coast, even as slowing Chinese growth and falling commodity prices cool investment. The West African nation - the continent's third-largest... 

Sabodala mine

By: Sheila Barradas     15th August 2014 A gold mine, located 650 km east of the Senegalese capital, Dakar. 

Alwyn Pretorius

By: Martin Creamer     28th March 2014 Main Activity of the Company: Gold mining Date and Place of Birth: August 31, 1971, Winburg, Free State Education: HTS Louis Botha, Bloemfontein, matric 1989; University of Pretoria, BEng (Mining) 1993, BEng (Industrial) 1998 First Job: Junior Mining Engineer at Vaal Reefs Gold Mine Size of First... 

Grande Côte mine, Senegal

By: Sheila Barradas     27th September 2013 A zircon/ilmenite/rutile/leucoxene mine, located on a coastal, mobile dune system, about 50 km north of Senegal’s capital, Dakar. 

AngloGold Ashanti holds off on Mali mine's expansion

By: Reuters     14th February 2013 AngloGold Ashanti was to hold off on a $500-million expansion plan for its Sadiola joint venture mine in western Mali until the security situation became clearer, a company executive said on Wednesday. AngloGold continental Africa executive vice-president Richard Duffy said the world's... 

CIM launches branch, initiatives for West African mining

By: Henry Lazenby     12th October 2012 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) on Friday said it had launched its first African branch in Dakar, Senegal, from which it intended to manage a number of new initiatives aimed at improving collaborative endeavours with West African countries. The CIM said the... 


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