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Gold prices undeterred by coronavirus

With the recent outbreak of the rapidly spreading coronavirus causing global equity markets to decline, gold is holding steady as the safe haven investment of choice, according to African-focused miner Pan African Resources (PAR). “Prices surge...

Profits for DRDGOLD despite load shedding

In recent months, power utility Eskom has implemented load shedding which has had a negative impact on the economy and businesses in South Africa, including the mining industry. Despite this, DRDGOLD reported profits for the six months ended 31...

Harmony Gold acquires AngloGold Ashanti assets

AngloGold Ashanti will no longer be operating in South Africa following the sale of Mponeng and Mine Waste Solutions for approximately US$300 million. The acquisition will see the two assets incorporated into the Harmony portfolio, enhancing...

Africa capitalises on Mining Indaba

The Investing in African Mining Indaba conference has come to an end. This year, Africa made its presence known when 40 African countries were represented at the investment conference. Their high-profile participation included a president, a prime...

Dark mining days could soon be over

Load shedding will soon be a thing of the past for mine companies. This according to Minister of Mineral Resources and Energy Minister Gwede Mantashe – who hinted at the possibility of mine companies producing their own electricity. Mantashe made...

Projects to watch in 2020

With less than a week to go until the start of Mining Indaba, the conference has collaborated with the MSA Group for the 20 Projects to Watch in 2020 series. The four-part series showcases the most promising Top 20 Junior Mining Projects in Africa...

An opportunity for mining businesswomen

Inside Mining is in the process of putting together the second handbook. The focus of the upcoming issue is women on mining. In line with this topic, the Women in Africa (WIA) initiative launched the WIA 54 programme to empower female African...

Another president confirms for Indaba

Sierra Leone president Julius Maada Wonie Bio has confirmed his attendance for the 2020 Investing in African Mining Indaba, taking place in Cape Town from 3 – 6 February 2020. Sierra Leone has large reserves of diamonds, iron ore, rutile and...