Glencore hit by fresh bribery-related lawsuit in the UK

Legal action is related to alleged losses to shareholders resulting from Glencore's statements to the market on corruption cases.

Cecilia Jamasmie | February 17, 2023 | 6:13 am

Ghana mining fund mulls multi-million investment in Atlantic Lithium

Ghana's state-owned Minerals Income Investment Fund plans to take an equity stake in Atlantic with up to a $30 million investment.

Cecilia Jamasmie | February 17, 2023 | 3:44 am

De Beers confident talks will deliver a Botswana diamond deal

The Anglo American unit is in talks with the Botswana government to extend mining rights that expire in 2029.

Reuters | February 16, 2023 | 9:56 am

Congo demands $17bn more in infrastructure investments from China deal

Under the Sicomines deal, Chinese investors committed to spending $3 billion on infrastructure, but the state auditor demanded that commitment be increased to $20 billion.

Reuters | February 16, 2023 | 9:33 am

Burkina Faso buys 200 kg of gold from Endeavour’s Mana mine

Endeavour acquired the Mana mine in July 2020, as part of its acquisition of Canada-based gold miner Semafo.

Reuters | February 15, 2023 | 1:29 pm

Barrick CEO says inflation not over as costs weigh on results

Amid such a backdrop, Bristow is keen to highlight that Barrick will invest more on its operations in the coming year.

Bloomberg News | February 15, 2023 | 9:59 am

Gold Fields expects profit boost from Yamana deal break fee

Gold Fields said it expects headline earnings per share of $1.16-$1.22 for the year.

Reuters | February 15, 2023 | 9:35 am

Amplats’ first female CEO leaves to join Newmont as COO

Natascha Viljoen, a metallurgical engineer, will remain as Amplats boss until completion of her 12-month notice period.

Cecilia Jamasmie | February 15, 2023 | 6:53 am

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Guinea talks carbon tax on mines as it seeks $4.3 billion loans

Sibanye-Stillwater, Heraeus team up to save palladium

Africa moves a step closer to continent’s first cobalt refinery

Uranium developers say supply jolt is boosting new projects

Gecamines offers to buy some of Khazakh miner ERG’s copper assets

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Caledonia Mining reports fatality at Zimbabwe gold mine