Africa





A conveyor at Paladin Energy's Langer Heinrich uranium mine in Namibia. Source: Paladin Energy

Paladin wields the axe

Pure-play uranium miner Paladin Energy (PDN-T) has unveiled a plan it says will trim costs by US$60 million to US$80 million over the next two years.



Amplats settles with striking workers

Mine workers at Anglo American Platinum (Amplats) are going back to work, putting to rest a series of wildcat strikes that all but crippled the South Africa’s platinum mining industry.


Forsys to combine Namibian projects

Forsys Metals (FSY-T) has updated the resource estimate for its Namibplaas uranium deposit, and says it makes sense to combine its Namibplaas and nearby Valencia uranium deposit 7 km southwest to feed via conveyor a single, optimized process…


Kinross reports strong Q3 results

Since the beginning of October shares of Kinross Gold (K-T, KGC-N) have fallen by about 15%, but strong third quarter results portend a turnaround is in store, some analysts say.  


Equipment at Hana Mining's Ghanzi copper-silver project in Botswana. By Hana Mining.

Hana’s Banana on the block

Hana Mining (HMG-V) may be recouping some recent losses for its shareholders thanks to, well, one of its shareholders.


Editorial: Anglo CEO presses ‘eject’ button

Late October was notable for the sudden and unexpected resignation of Cynthia Carroll as CEO of London-based mega-miner Anglo American, widely seen as a giving in to strong shareholder pressure to step down. It brings to an end this particular…


Drillers at Frontier Rare Earths' Zandkopsdrift rare earth project, 450 km north of Cape Town, South Africa. By Frontier Rare Earths.

Frontier Rare Earths inks new deal with Kores

A little under a year ago, South Korean government-owned mining and natural resources investment company Korea Resources Corp. (Kores) signed a deal with Frontier Rare Earths (FRO-T) to take a 10% interest and get the rights to an equal…


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