January 1, 1970

Rio gives away stake with $51bn reserves

Rio Tinto Group has given away its stake in the company that owns an abandoned mine in Papua New Guinea with potential copper and gold reserves […]
January 1, 1970

Randgold pulls out of Ghana joint venture deal

Randgold Resources has informed AngloGold Ashanti that it wishes to terminate an agreement for a joint venture to redevelop the Obuasi mine in Ghana. Source: News
January 1, 1970

Mining sector won't recover anytime soon – Moody's

The mining sector is unlikely to recover from the current slump for years to come and a wholesale recalibration of ratings is required, says Moody’s Investors […]
January 1, 1970

Tax instability, low commodity prices stifles Zambia FDI

Unstable tax regimes and policies have cost Zambia dearly in foreign direct investment, especially now that commodity prices are low. Source: News