Zimbabwe launches “gold-backed” currency to replace dollarThe new currency, ZiG, will be supported by a combination of foreign currencies, gold and other precious metals.Cecilia Jamasmie | April 5, 2024 | 5:08 am
Shanta Gold shareholders approve Saturn Resources takeoverShanta said in December it had agreed to a £141.95…Staff Writer | April 4, 2024 | 1:30 pm
As Rio Tinto strives for ‘impeccable ESG’, investors raise water issuesRio faced demands from shareholders at its annual meeting on…Reuters | April 4, 2024 | 11:26 am
Galiano Gold on track to resume mining at Asanko in Q4 An exploration program is also underway at the AGM tenements to delineate additional resources. Staff Writer | June 30, 2023 | 8:56 am
Mopani Copper Mines losses deepen amid search for new investor Its financial losses widened to $298 million from $74.2 million in 2021. Reuters | June 30, 2023 | 7:12 am
Endeavour sells non-core Burkina Faso gold mines for $300 million Endeavour sold Boungou and Wahgnion gold mines, but is keeping Houndé, as the operation is one of its cornerstone assets. Cecilia Jamasmie | June 30, 2023 | 3:43 am
RANKED: World’s top 10 rare earth projects The Tanbreez property in Greenland takes top spot. MINING.com Editor | June 29, 2023 | 10:13 am
Thieves threaten World Bank’s South African coal rail project There have been eight instances of railway infrastructure theft since April 2022, according to Eskom. Bloomberg News | June 28, 2023 | 8:39 am
Rainbow Rare Earths reaches deal for 100% of Phalaborwa Agreement with Bosveld Phosphates gives the company an immediate 85% stake and the option of acquiring. Cecilia Jamasmie | June 28, 2023 | 3:45 am
Zambia’s KCM shuts Nchanga smelter for repairs after leak Konkola Copper Mines has shut down its Nchanga smelter for 21 days for repair work. Reuters | June 27, 2023 | 9:35 am
Appian Capital takes majority stake in Namibian zinc mine The Rosh Pinah underground zinc mine, in southern Namibia, is a 2,000 tonnes per day milling operation, open since 1969. Cecilia Jamasmie | June 27, 2023 | 9:09 am
Namibia had no power to cancel Chinese miner’s licence, court rules Lithium miner Xinfeng took Namibia's mines minister Tom Alweendo to court after he cancelled the company's mining licence in April. Reuters | June 27, 2023 | 9:06 am