China’s Sichuan Road to mine copper in Eritrea starting in 2019

Having trouble viewing this email?  View online Africa News Digest Friday 7 September 2018 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America China's Sichuan Road to mine copper in Eritrea starting in 2019 The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara. read » Embattled Acacia Mining lets partner up stake in Nyanzaga gold project  Acacia — Tanzania's No.1 gold miner— will retain a net smelter return production royalty over the project, capped at $15 million. read » Lithium price plunge claims first victim Namibia's Desert Lion Energy ceases all operations as Chinese lithium prices plummet to three-year lows – down by half since the start of 2018. read » Acacia Mining searches for chairman as Dushnisky leaves for AngloGold Kelvin Dushnisky, who leaves Acacia and its parent company Barrick, assumes as South Africa's AngloGold Ashanti (JSE:ANG) new boss next week. read » Amplats taking steps to control emissions from South African platinum smelter The Polokwane smelter is becoming environmentally friendlier. read » Fueling a town with waste In Benin, six tonnes of organic waste are turned into biogas every week. read » DRC miners form new body to fight mining code The Mining Promotion Initiative's main goal is to engage the government on industry concerns about the country's new mining code. read » Gold output in key countries to slump to 'generational' lows — report Bullion production grew for nine consecutive years to reach an all-time high in 2017. read » World mine copper production up 5.7% in the first five months of 2018 Help from Latin America and Southeast Asia. read » Harmony Gold swings to loss, sees deaths at operations mount The South African gold miner posted a 43% drop in annual earnings, or a 4.47 billion South African rand loss (about $309 million) and saw fatalities at its operations climb to thirteen, from 5 in 2017. read » Lucara Diamond moves forward with 'stone by stone' sales plan Miner will include Sarine's mapping and planning technologies into its sales platform, which applies algorithms to match rough diamond production with polished manufacturing demand on a stone by stone basis. read » AngloGold swings back to profit days before new boss takes helm The turnaround in performance was mainly the product of increased output, reduced net debt and lower-than-expected restructuring costs. read » Gemfields' operation in Ethiopia under siege by armed groups Back in June, the site was overrun by a mob estimated at between 300 and 500 people read » Armed bandits kill SEMAFO mine workers Company has increased security. read » Zambia tax authority goes after Gemfields Zambia's Revenue Authority served the firm two search warrants during an unannounced visit to its Kagem mine. read » Gold Fields boss says South Deep lay-offs are 'last-gasp measure' Holland said the company has made every effort to avoid the drastic move, but said the choice was now between that and serious risk to the future of South Deep and its many stakeholders. read » Gem Diamonds big discoveries reach a dozen The company that digs the world's most valuable diamonds may soon become the one that also finds the biggest. read » South Africa to make oil, mining announcement in says, ANC says An agreement has been reached on separating laws for the country's oil industry and dropping a bill to govern the two sectors. read » South African miner Assore reports profit fall on stronger rand Assore reported a 1.9 percent fall in annual profit on Thursday as a strong rand currency offset favourable commodity prices and higher sales. read » Tongon back in business after lock-out lifted Negotiations between management, workers, community leaders and the government created an agreement under which workers are being re-employed in phases. read » Biggest Congo coltan miner resumes buying after output halt Societe Miniere de Bisunzu Sarl resumed purchases of the ore after a three-month shutdown at one of the country's largest deposits. read » South Africa's Sibanye launches $400m bond buyback Sibanye said in a statement that it would fund the tender offer from existing cash resources. read » Uranium's rally built on supply cuts, looks overcooked for now: Russell The year-to-date gain is 16.6 per cent, and the metal used to power nuclear reactors is on track to record a second annual increase. read » Birimian eyes 2020 production at $199m Mali lithium mine The Goulamina mine is one of the world's largest undeveloped high-grade lithium deposits and will represent 15% of the current global lithium supply. read » Top Sibanye holders are said to indicate support for Lonmin deal The deal requires more than 50 percent approval in a vote by Sibanye investors, in addition to Lonmin's shareholders' approval. read » Zimplats FY profit tumbles after higher deferred tax charge Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge. read » Congo's H1 copper production rises 8%, cobalt output up 38% Congo is Africa's top copper producer and the world's leading miner of cobalt, which is a key component in electric vehicles and other electronic products. read » Zambia to trim budget gap; May be considering higher mine taxes The Finance Ministry is targeting a budget shortfall of 6.5 percent of gross domestic product next year, compared to 7.4 percent this year. read » Special Report: The platinum opportunity – part 1 Over the past six months, platinum's price has continued its multi-year decline, falling below $800 – close to its lowest level in a decade. read » AngloGold's Guinea mine resumes operations after one-day strike Operations have resumed at AngloGold Ashanti's Siguiri gold mine in Guinea read » Read more Africa news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Africa News Digest". You mayunsubscribe at any time. The information contained in “Africa News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Africa News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.