China-backed JV to develop giant Simandou north iron ore deposit in Guinea

Guinea’s Societe Miniere de Boke (SMB) and Singapore’s Winning International Group offered $14 billion to build a mine and related infrastructure.

Cecilia Jamasmie | November 13, 2019 | 5:58 am

Condor Gold losses narrow as flagship La India project moves forward

The company raised about $5.2m in the three months to Sep. 30 by way of a private placement of new ordinary shares.

Cecilia Jamasmie | November 13, 2019 | 4:34 am

Botswana Diamonds digs up first stones at South African mine

The diamonds came from residual unprocessed stockpiles and bearing gravels surrounding Marsfontein mine in Limpopo.

Cecilia Jamasmie | November 12, 2019 | 8:56 am

Sirius Minerals unveils rescue plan for UK’s biggest fertilizer mine

Miner will try raising $600m first, which will allow it to finish sinking shafts and access the world's largest deposit of polyhalite, a type of fertilizer.

Cecilia Jamasmie | November 12, 2019 | 6:49 am

Anglo American lowers thermal coal forecast amid move to exit sector

The commodity was barely mentioned in an update to investors as one of the company’s main pillars of growth from 2020 and beyond.

Cecilia Jamasmie | November 12, 2019 | 3:46 am

Cost of Ivanhoe’s giant copper project in Congo hits $1.3 billion

Initial production from Kakula, the first of at least three copper mines planned at Kamoa-Kakula, is scheduled for late 2021.

Cecilia Jamasmie | November 8, 2019 | 7:27 am

Resolute gets key environmental permit to extend Queensland gold mine life

All major approvals are now in place for an expansion that could take annual production to 200,000 ounces of gold over a ten-year mine life.

Cecilia Jamasmie | November 8, 2019 | 6:02 am

BHP’s Australian shareholders vote to stay in coal lobby groups

Only 27% of votes cast at the company’s annual meeting in Sydney were in favour of cutting ties with industry organizations in favour of fossil fuels.

Cecilia Jamasmie | November 7, 2019 | 6:33 am

Congo challenges Canadian miner Banro’s declaration of force majeure

The gold producer invoked the legal clause that frees a company from meeting contractual obligations in September.

Cecilia Jamasmie | November 7, 2019 | 4:03 am

Zambia scraps plans to build giant copper mine in national park

Decision comes only a week after the country’s High Court gave Australia’s Mwembeshi Resources a license to build its Kangaluwi copper project.

Cecilia Jamasmie | November 6, 2019 | 9:22 am

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