Mining

Embattled Tanzania-based gold producer Acacia Mining has announced that its chairman Kelvin Dushnisky will leave the post to become fellow African miner AngloGold Ashanti’s new boss. Dushnisky leaves Acacia with the company still in the midst of a bitter dispute with the Tanzanian government over alleged...

South Africa’s mining industry made modest growth during the second quarter of 2018 according to latest figures from Statistics SA. Month on month, mining production increased by 2.8% in June, enough to pull the world’s fifth largest mining industry (in terms of economic value) out of...

South Africa-focused miner Lonmin (LSE:LMI) will move its head offices from Johannesburg to its Marikana operations in a cost-cutting strategy. The platinum producer reported a half year operating loss of US$199 million, compared to a loss of $21 million the previous year, as the firm was...