Africa

Mining industry revisits anti-corruption procedures 

Source: Print Archives | 2015-01-28
Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining...

Paladin gets PE from Asia 

Source: Print Archives | 2015-01-28
Like most uranium companies last year, Paladin Energy (TSX: PDN; ASX: PDN) struggled with tough markets and low commodity prices.

B2Gold eyes 35% production growth in 2015  

Source: Print Archives | 2015-01-28
B2Gold (TSX: BTO; NYSE-MKT: BTG) expects another record production year in 2015, building upon the solid output it had in 2014.

Rockwell Diamonds expands footprint with new acquisition 

Source: Print Archives | 2015-01-14
Johannesburg-based alluvial miner Rockwell Diamonds (TSX: RDI; US-OTC: RDIAF), which owns three diamond mines near the midpoint of South Africa’s Orange River, is buying assets close to its operations that will enlarge its resource base...

Ivanhoe tables prefeasibility study on Platreef PGM project 

Source: Print Archives | 2015-01-14
In Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) first-ever conference call on its massive Platreef project in South Africa, executive chairman and company founder Robert Friedland declared that the orebody “is destined to change the...

Lucara to exit Mothae in Lesotho 

Source: Print Archives | 2015-01-07
Lucara Diamond (TSX: LUC; US-OTC: LUCRF) plans to sell its 75%-held Mothae diamond project in Lesotho after the project failed to meet the company’s investment criteria.

Wall Street rebounds, Dec. 15-19 

Source: Print Archives | 2014-12-31
The U.S. market climbed into positive territory following higher oil prices and the U.S. Federal Reserve reporting that it was in no hurry to raise interest rates. 

BHP spinoff South32 to launch in mid-2015 

Source: Print Archives | 2014-12-24
BHP Billiton’s (LSE: BLT) spinoff company will be named South32, a nod to the location of its assets  in the southern hemisphere and a more cryptic salute to the location of its main offices in Australia and South Africa.

Barrick to shutter Lumwana as Zambian gov't hikes royalty 

Source: Print Archives | 2014-12-24
Barrick Gold (TSX: ABX; NYSE: ABX) will soon suspend operations at its Lumwana copper mine in Zambia in response to the Zambian government’s move to more than triple the royalty rate on open-pit mines, starting in 2015.

PE fund invests in IMX's Ntaka Hill nickel project 

Source: Print Archives | 2014-12-24
Private equity deals have been fewer this year than many in the mining sector had hoped, given the declining fortunes of hundreds of cash-strapped mining companies. So when a deal is made, it tends to get noticed.

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