Gemfields warns of $2.8 million loss on write-downWeak PGMs prices forced Gemfields to cut the value of its Sedibelo investment, which will result in a write-down ranging between $4 million and $28 million.Cecilia Jamasmie | March 22, 2024 | 4:01 am
Lucapa finds Lulo mine’s fifth-largest diamondThe 203-carat, type IIa diamond is also the third 100-carat-plus…Cecilia Jamasmie | March 21, 2024 | 5:35 am
Barrick looks to explore new gold, copper deposits in the DRCLast year, Barrick said it intended to search for additional…Staff Writer | March 20, 2024 | 9:30 am
Barrick CEO wants to search for more copper in Zambia and Congo Barrick is considering plans to develop Lumwana mine. Reuters | July 7, 2023 | 8:04 am
Pure-play nickel company Lifezone Metals rises on NYSE debut The company's flagship project is the exploration-stage Kabanga in Tanzania. Staff Writer | July 6, 2023 | 12:19 pm
New gold discoveries to extend Barrick’s Ivory Coast mine operations Tongon mine will continue operating until at least 2030 following a significant discovery of new deposits. Reuters | July 6, 2023 | 7:25 am
Huayou commissions $300 million Zimbabwe lithium plant The Arcadia plant took nine months to construct and started exporting concentrates in April. Reuters | July 5, 2023 | 11:11 am
Barrick Gold rolls out new 10-year plan at Kibali mine The new business plan for the giant gold mine aims to secure its status as Tier One asset for the next decade. Staff Writer | July 5, 2023 | 10:13 am
International miners set to benefit as China curbs germanium exports China on Monday announced export restrictions on some gallium and germanium products, citing national security interests. Reuters | July 5, 2023 | 8:44 am
Zimbabwe to meet with Bravura over delayed platinum project Bravura was awarded a 3,000-hectare concession in Selous, about 50 miles south of the capital, in 2019. Bloomberg News | July 5, 2023 | 8:38 am
Zambia says deal with India’s Vedanta over disputed copper assets imminent A deal could help unlock funding to advance the Konkola Deep Mining Project, which holds one of the world's richest copper deposits. Reuters | July 5, 2023 | 8:17 am
Trafigura consortium to invest over $555m in Angola-Congo rail link Africa's biggest copper producer currently exports copper, cobalt and other metals in trucks via Tanzania or South Africa. Reuters | July 5, 2023 | 8:07 am