The residents of Gilé are on a collision course with the mining companies and the government over the non-fulfilment of social responsibility measures accompanying the exercise of mining rights.
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De Beers and Vast Resources will be allowed to explore for diamonds in Zimbabwe, which would make them the first listed companies to mine there in that sector for two years, Mining Minister Winston Chitando said.
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Zambia threatened to cancel work permits for some foreign workers at mines that it accuses of announcing job cuts to “arm-twist” the government over proposed tax changes.
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The Zambia Chamber of Mines has appointed Goodwell Mateyo as its new president.
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Three miners were killed and 10 were trapped underground when a gold mine they were working at in northern Sudan collapsed, the state’s Sudanese Mineral Resources Company (SMRC) said in a statement on Friday.
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Zimbabwean President Emmerson Mnangagwa is under growing pressure one year after taking office following the removal of long-time leader Robert Mugabe. That pressure may be about to increase if his handling of the diamond industry doesn’t reflect his alleged commitment to economic reform and anti-corruption.
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Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years, a new study shows. According to the 11th annual EY survey of 250 executives, the topic was listed sixth in the list of the ten major risks facing mining and metals firm in 2019-2020. Other challenges listed by the participants were rising nationalism, changing community perceptions of mining operations…
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South Africa’s Gold Fields is not acting in good faith in talks with the government over planned job cuts, mining minister Gwede Mantashe said on Monday, a setback for negotiations aimed at ending a weeks-long strike.
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Zimbabwe will allow gold and platinum mining companies to retain up to 55% of their earnings in dollars, government and central bank officials said on Monday, as authorities in the southern African nation move to ensure operators remain viable.
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Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to Namibia, according to Bloomberg.
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