Underground mining ‒ now AngloGold plans to mine 4km below surface.

In another blow to the South African mining industry, AngloGold Ashanti ‒ the world's third-largest bullion producer ‒ is set to also shed jobs as it prepares to roll out its mechanisation programme.

Glencore/Xstrata copper mining operations in the DRC.

Glencore Xstrata plc, the biggest exporter of coal for power stations, says its first-quarter copper production has risen 18% as a result of gains at its mines in Africa.

AngloGold Ashanti’s new CEO Srinivasan Venkatakrishnan

AngloGold Ashanti ‒ the world's third-largest bullion producer ‒ reported a near six-fold jump in first-quarter earnings as the company’s operations recovered from a wave of illegal strikes late last year.

Zimbabwean finance minister Tendai Biti

The Chamber of Mines of Zimbabwe (CMZ) holds its annual general meeting this week as the country’s focus shifts to the capital intensive sector ahead of the forthcoming general elections.

Construction well underway at the Agbaou gold project in Ivory Coast

Gold producers are likely to scale back exploration programmes as lower prices spur cost cuts, according to the head of Endeavour Mining Corporation.