Zambia: Mopani Must Part Away With K240m In Tax Debt – Supreme Court.

Mopani Must Part Away With K240m In Tax Debt - Supreme Court. The Supreme Court of Zambia has ordered Mopani Copper Mines to pay the Zambia Revenue Authority (ZRA) over...

Production drop of nearly 1M gold ounces by top miners in Q1

Senior gold miners listed on the NYSE gold production dropped a cummulative of 974,000 ounces in Q1 compared to production totals in Q4 2019. In a study of the top...

Mozambique: Temane-Maputo power line receives 21 bids

Mozambique is analysing 21 technical and financial proposals for the construction of a power transmission line between Temane and Maputo, in southern Mozambique, a source from the ministry of...

South Africa: AngloGold Ashanti boosts cash flow despite production loss

AngloGold Ashanti reported improved first-quarter cash flow on Monday but said it had lost 11,000 ounces of production because of coronavirus-related stoppages at its operations. With stoppages at Brazilian, Argentinian...

Australia: China demand drives record trade surplus

Australia's trade surplus in March hit a record $10.6 billion, with exports jumping as China reopened after restrictions due to the COVID-19 pandemic. A solid growth in mineral...

Zambia: ZCCM-IH COMMENCES MANGANESE MINING OPERATIONS IN SERENJE

Works at the manganese mine in Serenje have commenced following the end of the heavy rains that had hampered kick-starting operations, posing a challenge in accessing the mine site...

Zambia: Rio Tinto signs earn-in on Midnight Sun’s Solwezi licences in Zambia

Global mining giant Rio Tinto has signed an earn-in and joint venture agreement with Vancouver-headquartered Midnight Sun Mining. Under the agreement, Rio Tinto can buy up to a 75% interest...

Mining operations on hold due to COVID-19 lockdowns drops to 729, says GlobalData

Since mid-March, the response of governments worldwide to the COVID-19 pandemic has led to severe disruption of mining activities across a large number of countries. A total of 32...

Namibia: De Beers recovers 7,8 million carats in Q1

MINING giant De Beers Group has recorded a 7,8 million carats diamond production figure for the first three months of 2020. This, according to the company, was in line with...

Copper Futures: Room for extra gains near term

Open interest in Copper futures markets increased for the third consecutive session on Monday, this time by more than 3K contracts in light of advanced readings from CME Group....