Glencore makes deal with Pele Green for $116 million solar plantThe project is Pele’s first for a private client and is part of wider plans to develop 5,000 megawatts of capacity.Bloomberg News | November 28, 2024 | 9:00 am
Ontario court dismisses human rights claims against BarrickThe Court ruled that Ontario was not the appropriate forum…Staff Writer | November 28, 2024 | 7:58 am
ArcelorMittal blames EU policy gaps for green plans delayThe world’s second-largest steelmaker said further steps are contingent on…Cecilia Jamasmie | November 28, 2024 | 3:47 am
How one of the tiniest oil markets cost Trafigura over $1 billion Last week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees. Bloomberg News | November 3, 2024 | 9:10 am
Mercuria eyes equity in African assets, new metals boss says “You will see us very present in Africa and putting our money where our mouth is in respect of the Copperbelt,” Kostas Bintas said. Bloomberg News | November 1, 2024 | 12:46 pm
Botswana’s new president aims to clinch De Beers diamond sales pact soon The pact will see the government's share of diamonds from the Debswana joint venture gradually increase to 50% over the next decade. Reuters | November 1, 2024 | 10:37 am
Gold price surge adds glitter to tarnished miners Gold miners are generating cash, boosting dividends and announcing plans to buy back shares. Reuters | November 1, 2024 | 9:47 am
Syrah secures $150m US loan for Mozambique graphite operation Execution of the loan agreement with United States International Development Finance Corporation follows a three-year process. Staff Writer | November 1, 2024 | 8:36 am
Botswana voters kick out ruling party of nearly six decades The country is facing economic stagnation linked to a decline in the diamond trade. Reuters | November 1, 2024 | 7:39 am
NextSource reveals new leadership and growth strategy It has appointed Hanré Rossouw as its new president and chief executive to lead the company during the current growth phase. Cecilia Jamasmie | November 1, 2024 | 3:57 am
Sumitomo resumes production at Madagascar’s nickel project Sumitomo has been struggling to stabilise production and improve profitability at the Madagascar project, which launched in 2005. Reuters | October 30, 2024 | 11:59 pm
Ivanhoe cuts copper forecast on DRC power woes, while Friedland touts new discoveries The Toronto-based company lowered the copper guidance to 425,000–450,000 tonnes, from 440,000–490,000 tonnes. Henry Lazenby - The Northern Miner | October 30, 2024 | 12:32 pm