Africa & Middle East

Gold Fields deciding Ghana’s mine fate, as bullion prices diveGold Fields said that South Deep mine, bought for $3 billion in 2006, is on course to break even by the end of 2016. Gold Fields (NYSE, JSE:GFI), the world’s seventh-largest bullion producer with operations from Australia to Peru, may place…
Lonmin’s Marikana mine concentrator plant. Lonmin (LON:LMI) shareholders decided Thursday to approve a deeply-discounted $407 million share issue, as the struggling platinum miner seeks cash to stay afloat. Hurting from strikes, rising costs and weak platinum prices, the South African company said last month it also planned to raise another…
Education is a clear priority for Angkor Gold. Each academic semester 240 students are involved in programs assisted by the company. BANTEAY, Cambodia: Accessing this village eight hours north of Phnom Penh is daunting on the best of days, not least during the rainy season. On the main artery from…
The mineral exploration and mining sector is pleased that common sense has prevailed in seeing the passage of the China Australia Free Trade Agreement (ChAFTA) through Australia's parliament, according to Association of Mining and Exploration Companies (AMEC) chief executive officer Simon Bennison. “The Federal Labor Party’s support announced last Wednesday…
Kincora Copper Limited has reached an agreement with Origo Partners Plc to renegotiate its obligations with respect to the Can$2.5 million convertible note held by Origo, which became due as of July 19, 2015. Kincora has a number of exploration projects in Mongolia. Under the terms of the agreement Kincora…
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