Sandvik lags Q3 profit forecast as non-mining units face weak demandSandvik is considered a reliable indicator of demand given its broad customer base.Reuters | October 21, 2024 | 4:24 am
World’s top ruby mine in Mozambique stormed after ‘fake’ noticeAbout 300 people invaded a pit at the Montepuez ruby…Bloomberg News | October 20, 2024 | 4:49 pm
How resource ‘classification debt’ chips away at miners’ growth and investor trustOver the past decade, resource misclassification has saddled the mining…Henry Lazenby - The Northern Miner | October 18, 2024 | 2:00 pm
Ghana central bank launches new gold coin to boost savings The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined to 99.99% purity. Bloomberg News | September 27, 2024 | 9:57 am
Glencore Congo copper mine hit with $894 million royalty row Kamoto is one of the largest mines in Congo, exporting 200,000 tonnes of copper and 16,000 tonnes of cobalt in 2023. Bloomberg News | September 27, 2024 | 7:01 am
Kodal Minerals flags possible delay in first production at Bougouni lithium project Weather impacts could lead to a potential delay in first production by a few weeks to early Q1 2025. Staff Writer | September 26, 2024 | 9:28 am
Focus on coal miners, power grid as South Africa spends just sixth of climate aid Burning coal has rendered South Africa one of the world's most carbon intensive economies. Reuters | September 26, 2024 | 7:20 am
Russia, Mali discuss joint lithium and solar projects The two countries are discussing the development of the first lithium production in Mali. Reuters | September 26, 2024 | 6:48 am
Asante Gold secures $100 million to grow Ghana mines About 90.7 million shares will be sold at C$1.50 each to a strategic investor, with proceeds to be used at Bibiani and Chirano mines. Cecilia Jamasmie | September 26, 2024 | 3:55 am
Zijin wants its Africa copper mine to rival the world’s biggest Kamoa-Kakula, in which Zijin and Ivanhoe both hold a 39.6% stake, may surpass BHP’s ageing Escondida mine in Chile. Bloomberg News | September 26, 2024 | 3:15 am
Koryx Copper raises $7.4 million to advance African projects The private placement represents the third financing announced by Koryx this year. Staff Writer | September 25, 2024 | 9:08 am
Miners could lose 6.4% of spending to fraud — report Crowe's research shows implementing better fraud prevention practices could cut losses by up to 40% within 12 months. Staff Writer | September 24, 2024 | 9:39 am