Fortuna Silver takes $90.6m charge on Mexican mine closureIt will cease activities at its San José mine in Mexico this year, six months earlier than planned, due to rising costs and depleted reserves.Cecilia Jamasmie | March 7, 2024 | 4:19 am
Platinum’s worst crisis in decades hits jobs in South AfricaThe nation’s platinum sector — which accounts for about 70%…Bloomberg News | March 6, 2024 | 10:11 am
Platinum deficit in 2024 to be deeper than expected – WPICPlatinum demand surged 25% in 2023, seen down 6% in…Reuters | March 6, 2024 | 7:43 am
Namibia bans export of unprocessed critical minerals The southern African country has significant deposits of lithium as well as rare earth minerals. Reuters | June 8, 2023 | 10:53 am
CHARTS: Copper mining profits top $100 billion a year, but where are the new mines? Copper mining company profits topped $100 billion two years in a row, but building a new mine now takes on average 16 years. Frik Els | June 8, 2023 | 9:43 am
Top South Africa fund bets on platinum as power cuts hit miners Coronation Fund Managers has reduced the Impala Platinum Holdings Ltd. and Northam Platinum Holdings Ltd. shares in its resources fund this year. Bloomberg News | June 8, 2023 | 8:21 am
BHP’s Xplor looking for more copper, nickel exploration projects BHP Xplor’s VP Sonia Scarselli says demand-supply equation for other battery metals is not as stretched as that for those two metals. Cecilia Jamasmie | June 8, 2023 | 8:12 am
ERG asks Congo to lift copper unit ban, denies pollution charge Eurasian Resources Group has asked authorities to reconsider a ban imposed on its Boss Mining unit's copper and cobalt operations. Reuters | June 7, 2023 | 7:51 am
Cameroon to start building railway to disputed iron ore project in August It signed a deal with two China-linked companies in June 2021 to construct the railway, despite facing legal action from Australia's Sundance Resources. Reuters | June 7, 2023 | 4:02 am
Petra Diamonds flags revenue hit as it defers sale to August It said the move followed “a temporary slowdown” in the rough diamonds market caused by elevated inventory in the mid-stream sector. Cecilia Jamasmie | June 7, 2023 | 3:55 am
South32 hires RBC for Botswana copper bid The company has picked the bank to help it put together a bid for Botswana's Khoemacau mine. Reuters | June 6, 2023 | 8:00 am
When will Africa get its first gigantic battery factory? China, by far the world leader in battery production, has at least 180 large battery factories. Bloomberg News | June 5, 2023 | 7:49 am