Gem Diamonds finds 117-carat diamond at LetsengThe discovery of the white Type IIa rough diamond is a much-needed positive news for the miner, which reported last month a $1 million loss.Staff Writer | October 30, 2023 | 9:12 am
AVZ Minerals to file arbitration over contested Congo lithium mineLast week, Zijin Mining said joint venture Manono Lithium SAS…Reuters | October 30, 2023 | 6:43 am
Burkina Faso targets bigger royalties as gold production dropsThe West African nation increased the minimum royalty rate for…Bloomberg News | October 27, 2023 | 2:04 pm
Harmony Gold looks to green hydrogen, LNG for power Miners in South Africa are under pressure to find alternatives from investors anxious to meet goals on reducing carbon emissions. Reuters | February 6, 2023 | 9:50 am
Burkina Faso denies favouring Nordgold over gold mine permit Burkina Faso did not award a mining permit to Nordgold because it is a Russian company, its mines minister said. Reuters | February 6, 2023 | 5:00 am
Petra Diamonds open to M&A deals, CEO says Petra invited merger and acquisition proposals on Monday. Reuters | February 6, 2023 | 4:10 am
Zambia’s mining minister expects Mopani Copper Mines deal by end-March There are 10 suitors for the mine and smelter complex, including Sibanye-Stillwater. Reuters | February 6, 2023 | 3:58 am
South Africa’s century-old gold refiner runs at 75% as mines dim The 102 year-old Rand Refinery is the only African refiner accredited with the London Bullion Market Association. Bloomberg News | February 3, 2023 | 9:43 am
Zinc price slumps on jump in inventories and weak Chinese demand Inventories in warehouses registered with the Shanghai Futures Exchange have more than doubled over the last two weeks. Reuters | February 3, 2023 | 7:45 am
Thungela Resources to buy controlling stake in Australian mine The coal producer has been searching for assets outside South Africa, where shipments are being curbed by rail bottleneck. Bloomberg News | February 3, 2023 | 7:39 am
Kumba delivers profit warning after rail problems hit exports The Anglo American unit produced 37.7 million tonnes of the key steel ingredient in 2022, down from 40.9 million tonnes the previous year. Reuters | February 2, 2023 | 10:30 am
First Quantum worker dies at Trident operations in Zambia Operations in the pit have been temporarily suspended until deemed they can resume safely. Reuters | February 2, 2023 | 9:48 am