In election year, South African mines bleed cash, jobs The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits. Reuters | February 21, 2024 | 7:54 am
Rio Tinto reports 12% profit drop but returns more cash to investors The miner said it expects Pilbara production costs to rise in 2024 due to persistent labor and parts inflation. Reuters | February 21, 2024 | 7:50 am
Burkina Faso suspends export permits for small-scale gold production Gold is Burkina Faso's main export, accounting for 37% of total exports in 2020. Reuters | February 21, 2024 | 7:46 am
Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million The sale would not affect Piedmont's joint venture or offtake agreement with Sayona's business unit, Sayona Quebec. Reuters | February 21, 2024 | 7:22 am
CRU appoints Angela Durrant as principal base metals analyst, Australia Durrant will be leading the Nickel Asset Service. Staff Writer | February 21, 2024 | 6:25 am
Diamond, niobium play key role in development of quantum detection devices Researchers have found a way to improve diamond adhesion —the bond between diamond and transition metal—using niobium. Staff Writer | February 21, 2024 | 6:06 am
Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems. Cecilia Jamasmie | February 21, 2024 | 5:52 am
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia. Cecilia Jamasmie | February 21, 2024 | 3:47 am
Video: Cobre Panama mine closure investigated by Canada’s CTV News “How a Canadian copper mine triggered an uprising in Panama” was the tagline of a W5 Investigation. MINING.com Editor | February 20, 2024 | 2:52 pm
