Sibanye CEO says Zambia’s Mopani Copper Mines investment not ‘onerous’ The precious metals producer is on the shortlist of potential buyers. Reuters | October 4, 2023 | 10:21 am
South African mining profits slump by almost half, report says An analysis of 29 domestic mining companies showed that combined net income slumped to 108 billion rand in their latest financial years, from a record 206 billion rand. Bloomberg News | October 4, 2023 | 10:07 am
Royal Canadian Mint introduces single-source bullion coin using gold from Éléonore mine The coin weighs one Troy ounce and is 99.99% pure with a face value of C$50. Staff Writer | October 4, 2023 | 9:58 am
Gold price halts decline but remains pressured by hawkish Fed UBS lowered its year-end gold price forecast by $100 to $1,850. Staff Writer | October 4, 2023 | 9:42 am
Ranked: The world’s top diamond mining countries, by carats and value Only 22 countries in the world engage in rough diamond production. Visual Capitalist | October 4, 2023 | 9:00 am
Sibanye CEO warns of platinum mining job losses as price plummets South African platinum group metal miners are battling an electricity crisis that has impacted output and increased costs. Reuters | October 4, 2023 | 7:44 am
Lithium Americas soars on first day of trading as North American pure-play miner The new Lithium Americas is focused on advancing the Thacker Pass lithium project in Nevada to production. Cecilia Jamasmie | October 4, 2023 | 6:43 am
Heads to roll at Anglo American head offices The mining giant has begun at Kumba Iron Ore, where 181 workers got notices and 141 jobs are expected to be cut. MINING.COM Editor | October 4, 2023 | 6:03 am
Stakeholder collaboration key to successful transition toward non-mining economies The best way to deal with mine closures is by combining early planning, local-based solutions, and targeted investments, new research has found. Staff Writer | October 4, 2023 | 5:15 am