Diamond sales at Debswana drop marginally in cautious market

Costs were up "mainly due to lower gold production, the drawdown of ore stockpiles at certain operations, higher operating costs and inflationary pressures," the company said.

The cause of the explosion in Poni province is not yet known.

Amplats said the rand price of its platinum group metals basket had increased by 22%, while sales volumes were up 82% for the year.

The DRC is in negotiations with Dan Gertler’s Fleurette Group, which controls mining and oil permits throughout the Central African country.

Sibanye spokesperson confirmed that the company's meeting with union leaders did not resolve the wage standoff.

The Tabakoroni gold deposit, part of the company's Syama complex, holds an estimate of 1.3 million ounces of the metal.

Its production for the year increased by 5% to 2.34 million ounce in 2021, placing the miner amongst the top eight global gold producers.

The sale of Appian’s position was priced at A$0.99 per share, representing a substantial 24.5% premium to Peak’s shares pre-closing.

Umicore says the burgeoning electric-vehicle industry is switching to high-nickel batteries far faster than expected.