Impala Platinum workers end Bafokeng mine underground sit-in

South African miners have been hit by a spate of underground sit-ins in recent months.

Reuters | December 22, 2023 | 10:02 am

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading…

Reuters | December 22, 2023 | 9:15 am

Abu Dhabi’s IRH to invest $1.1 billion in Mopani copper mine

Zambia had been seeking a new investor for Mopani since…

Bloomberg News | December 22, 2023 | 8:44 am

Diamond output of sanctions-hit Alrosa down in 2023, stockpiling likely

Alrosa said on Friday that its 2023 output fell by…

Reuters | December 22, 2023 | 8:09 am

Gold Fields sells Asanko stake in $170 million deal

The South African firm has sold its 45% stake in…

Reuters | December 21, 2023 | 9:03 am

Rio Tinto to spend $40m on Diavik diamond mine expansion

The approved first phase of the expansion project will extend Diavik’s productive life to at least early 2026.

Cecilia Jamasmie | February 23, 2023 | 8:53 am

Mosaic misses quarterly profit estimate amid lower demand for fertilizers

Although prices of fertilizers decreased towards the end of last year, it did not boost demand as farmers waited for pricing trends to stabilize.

Reuters | February 23, 2023 | 8:44 am

Gold Fields not pursuing big M&A deals after Yamana disappointment

Gold Fields shares fell 5% on Thursday after it flagged a further delay at its Salares Norte project in Chile.

Reuters | February 23, 2023 | 8:32 am

Russian court orders Glencore unit to pay up in Sberbank row

Sberbank took legal action against Glencore Energy UK Ltd last year after it alleged the company did not pay for two oil consignments.

Reuters | February 23, 2023 | 7:56 am

Harmony Gold says profit boosted by better metal grades and prices

Harmony expects to report a 10% jump in production costs.

Reuters | February 23, 2023 | 7:42 am

Newmont sees ‘significant’ shareholder value in buyout of gold rival Newcrest

For 2023, Newmont has given production guidance between 5.7 and 6.3 million gold ounces.

Reuters | February 23, 2023 | 7:40 am

Anglo American takes $1.7bn writedown on British fertilizer mine

The miner estimates it will spend $1bn per year to bring Woodsmith into production by 2027, both a higher cost and longer timeframe than previously expected.

Cecilia Jamasmie | February 23, 2023 | 6:09 am

Albemarle restructures joint venture with Australia’s Mineral Resources

One of the conditions under the deal would allow Mineral Resources to increase its stake in the Wodgina lithium mine.

Reuters | February 22, 2023 | 1:52 pm

Lucara updates Karowe diamond mine underground expansion

The company invested $106 million in 2022 in underground development.

Staff Writer | February 22, 2023 | 11:10 am

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