Gemfields evacuates exploration camp in Mozambique after attack

The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village.

Cecilia Jamasmie | February 14, 2023 | 3:43 am

Asset managers touting ESG enjoy a turbo-charged coal boom

Thungela Resources CEO is promising to ratchet up production through the end of the next decade at least.

Bloomberg News | February 13, 2023 | 10:26 am

Commodities risk lurking in ESG funds now too big to ignore

Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.

Bloomberg News | February 13, 2023 | 7:01 am

De Beers diamond deal threatened as Botswana says it’s ready to walk away

Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues.

Bloomberg News | February 13, 2023 | 6:43 am

Mining loans seen passing $1 billion at biggest Congo bank

Rawbank forecast its lending to DRC’s mining industry will jump more than 20% to over $1 billion this year.

Bloomberg News | February 10, 2023 | 8:44 am

Botswana warns of dangers in dash for African minerals

Botswana is reviewing its mines and minerals legislation to "tighten up" laws on mine rehabilitation.

Reuters | February 9, 2023 | 12:22 pm

CHART: Copper exploration budgets jump, but major discoveries elusive

The increase in global copper resources is mostly from 1990s discoveries and the last decade of exploration has been particularly unrewarding, says new report.

Frik Els | February 9, 2023 | 10:10 am