Anglo American preps sweeping cost cuts as price rout bitesA rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs.Reuters | December 7, 2023 | 8:43 am
Ivanhoe Mines quadruples exploration budget for 2024The primary focus of exploration activities will be on the…Staff Writer | December 7, 2023 | 8:20 am
Rescuers pull out first survivor of Zambia landslide that trapped 38 minersOn Dec. 1 a landslide inundated an open-pit copper mine…Reuters | December 6, 2023 | 5:06 am
Endeavour Mining gold makes it to the Met Gala Headpiece, earrings and rings wore by co-host Michaela Coel were made from more than 2kg of gold from the Ity mine in Côte d’Ivoire. Staff Writer | May 2, 2023 | 6:51 am
Peak Rare Earths locks in $18 million to develop Tanzania project Final investment decision on the Ngualla Neodymium and Praseodymium (NdPr) rare earth deposit will be made by the end of September. Cecilia Jamasmie | May 1, 2023 | 3:45 am
Zimbabwe will issue gold-backed digital tokens from next month The tokens, to be sold through banks in local and foreign currency at a 20% margin above the interbank mid-rate, will be introduced in two phases. Bloomberg News | April 28, 2023 | 10:55 am
Pensana taps major UK investor to fund rare earths project in Angola The refinery would be one of only a handful of its kind outside China if it starts as planned in 2026. Colin McClelland | April 28, 2023 | 10:37 am
Diamond sales at Debswana drop marginally in cautious market Sales of diamonds from Debswana fell 1.4% and stood at $1.077 billion in the three months to March. Reuters | April 28, 2023 | 10:37 am
GRAPHIC: Solid mine production growth to support copper supply in 2023-2024 JP Morgan sees global copper mine production rising by 2.6% in 2023. Reuters | April 28, 2023 | 9:48 am
Ivanhoe taps Glencore for $250 million to start Kipushi zinc mine ahead of schedule Glencore will take all of the mine’s zinc concentrate for five years and fund the operation. Staff Writer | April 27, 2023 | 10:03 am
Managem acquires Senegal’s Boto gold project The deal is part of a transaction last year to buy the assets of Iamgold. Reuters | April 26, 2023 | 7:50 am
First Quantum’s issues in Panama hit earnings, production Results were also affected by a severe rainy season in Zambia, home to its Sentinel and Kansanshi copper mines. Cecilia Jamasmie | April 26, 2023 | 3:31 am