Iamgold answers to US firm pushing for board reshuffle RCF Management LLC, which has 5.2% stake in Iamgold, said on Tuesday there was “an urgent need” for a board overhaul. Cecilia Jamasmie | February 2, 2022 | 4:09 am
Iamgold loses another top executive, shareholder revolts Chairman Don Charter retired on January 29, only two weeks after the company’s president and chief executive Gordon Stothart announced his departure. Cecilia Jamasmie | February 1, 2022 | 6:19 am
Rio Tinto report reveals culture of sexual harassment, bullying and racism Eight-month independent review of the miner’s workplace culture found disturbing, systemic behaviours across the company’s sites. Cecilia Jamasmie | February 1, 2022 | 3:37 am
Amplats sells stake in two mines to rival Sibanye-Stillwater The Anglo American unit is selling its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643). Cecilia Jamasmie | January 31, 2022 | 7:03 am
Perseus Mining secures key stakes in two African gold assets Deal gives Perseus indirect access to Orca Gold's Block 14 project in Sudan and Montage Gold's Kone asset in Côte d’Ivoire. Cecilia Jamasmie | January 31, 2022 | 3:49 am
Teck Resources’ QB2 to cost up to $500m more than planned It estimates the covid-19 pandemic will impact the expansion project's cost by $900 to $1.1 billion, up from the $600 million anticipated. Cecilia Jamasmie | January 28, 2022 | 7:55 am
BHP shares fall on last day of trading in London The company’s 20-year-old presence in the stock draws to a close, as part of a plan to simplify its corporate structure. Cecilia Jamasmie | January 28, 2022 | 3:55 am
De Beers boosts production to meet recovering demand It saw 2021 production jump by 29% to 32.3 million carats, as the miner boosted output to meet recovering demand. Cecilia Jamasmie | January 27, 2022 | 6:52 am
Anglo American ups copper guidance on Quellaveco start It expects to produce between 680,000 and 760,000 tonnes in 2022, as the giant copper mine in Peru begins operations mid-year. Cecilia Jamasmie | January 27, 2022 | 4:35 am
Fresnillo cuts production targets on Omicron labour shortage The miner said labour absences fuelled by the latest covid-19 variant would have a greater impact on production than anticipated. Cecilia Jamasmie | January 26, 2022 | 7:01 am
