Rapid progress at Randgold's Kibali, Moz buys Moatize stake, Chinese eye Uganda copper mine and other news in the Africa Mining Roundup

This month's electronic report includes details on African miner Randgold Resources' development of the Kibali project, in the Democratic Republic of Congo; the government of Mozambique's deal to acquire a 5% stake in the Moatize coal project for...

Mali interim govt raises gold sales tax

Mali's interim government has raised the combined sales tax on gold by 2 percentage points to 8%, a move aimed at bringing it in line with peers in the West Africa region, according to a government statement. The tax hike came as a senior mines...

Cutifani says policies on way to support robust SA mining industry

The CEO of South Africa’s largest gold-mining company expressed confidence on last week that a new policy structure in the making would support the development of a robust mining industry in South Africa.

AngloGold Ashanti CEO Mark Cutifani...

Company Announcement: Sandvik Harnesses Innovative 3D Design Methodology For Goukoto Crusthing Plant

High technology engineering group Sandvik, which celebrated its 150th anniversary of global business this year, harnessed an innovative 3D methodology to conduct design work on a new crushing plant at Randgold Resources’ Gounkoto mine in Mali.

Mining, biodiversity planning, Zim platinum miners coalesce, Congolese to manage Kibali

South Africa is to launch a new national mining and biodiversity guideline; Zimbabwe’s three beleaguered platinum miners have formed an association; already, more than half of the new Kibali gold project's management team are Congolese.

Company Announcement: AngloGold First Quarter Earnings Double To $429m, approves $1.9bn Growth Projects

AngloGold Ashanti posted first-quarter adjusted headline earnings of $429m, more than double the same period a year earlier, and approved the development of three growth projects.

Randgold profit doubles, output climbs

London- and Nasdaq listed Randgold Resources doubled its first-quarter profit and increased its production 19% year-on-year, despite the political upheaval in Mali. Profit increased to $104-million year-on-year, while output climbed to 165 443...

DRC’s Kibali mine to be one of Africa’s biggest when it starts production by end of 2013

Construction work on the Kibali project, in the Democratic Republic of Congo (DRC), which is expected be one of the largest gold mines in Africa, is proceeding rapidly as the developers keep their sights firmly set on first production by the end...

Kibali gold project, Democratic Republic of Congo

Construction work on the Kibali project is proceeding rapidly, as the developers keep their sights firmly set on first production by the end of 2013.

West African mining sector seeks international partnerships to grow industry

Gold-rich Ghana’s capital city, Accra, will host the tenth West African Mining and Power Exhibition (Wampex), which, this year will continue to focus on international partnerships needed for the development of infrastructure to exploit the...

Van Rooyen takes up chair's seat at Banro

Democratic Republic of Congo- (DRC-) focused gold miner Banro Corp has appointed Bernard van Rooyen as chairperson, and said director Peter Ruxton would leave to pursue other interests. Simon Village had previously held both the CEO and the...

Malian political progress encourages gold miners, Avion surges

Gold producers in Mali on Monday welcomed the weekend moves in the country aimed at restoring democratic rule, following the March 22 military coup in the West African nation. Randgold Resources, Mali’s biggest gold producer, said the political...