South African labour union to strike at ArcelorMittal over job cutsAfrica's biggest steel producer was rocked by a two-week wage strike in May 2022.Reuters | November 13, 2024 | 1:39 pm
Mali seeks $160 million from Resolute Mining after detaining its CEOThe nation’s junta has been pushing firms with operating gold…Bloomberg News | November 13, 2024 | 10:48 am
Troilus Gold signs LOI for $500m German loan for Quebec projectThe loan is contingent upon Troilus signing an off-take agreement…Staff Writer | November 13, 2024 | 7:51 am
Australia revises down commodity revenue forecasts as prices trend lower Australia's largest export iron ore has been particularly hard hit by the slowdown in the Chinese property sector. Reuters | September 29, 2024 | 9:46 am
Major copper discoveries scarce as industry shuns greenfield exploration — report Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global. Staff Writer | September 29, 2024 | 9:08 am
India’s iron ore production jumps by 7.4% in April-August Iron ore accounts for 70% of the total mineral production by value in India. Reuters | September 28, 2024 | 4:24 pm
Tanzania orders gold dealers to reserve 20% for purchase by central bank In the 12 months to June, the central bank bought 418 kg of gold to beef up its reserves. Reuters | September 28, 2024 | 4:19 pm
Mali junta arrests four employees of Barrick Gold The junta has sought to channel a greater share of gold revenue to state coffers. Reuters | September 28, 2024 | 11:28 am
Panama eyes export of First Quantum’s stockpiled copper Shuttered Cobre Panama mine had accounted for about 1.5% of global copper production and about 4% of Panama’s gross domestic product. Bloomberg News | September 27, 2024 | 4:00 pm
Darwin Financial reaches $55m deal to revitalize historic California critical minerals mine The Darwin project aims to revitalize a historically significant mining operation with over $749 million previously invested in existing infrastructure. Staff Writer | September 27, 2024 | 3:35 pm
Ghana central bank launches new gold coin to boost savings The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined to 99.99% purity. Bloomberg News | September 27, 2024 | 9:57 am
Filo shareholders approve acquisition by BHP, Lundin BHP and Lundin would acquire Filo and its flagship copper asset for total consideration of approximately C$4.1 billion. Staff Writer | September 27, 2024 | 8:17 am