Iamgold loses another top executive, shareholder revolts

Chairman Don Charter retired on January 29, only two weeks after the company’s president and chief executive Gordon Stothart announced his departure.

Cecilia Jamasmie | February 1, 2022 | 6:19 am

Rio Tinto report reveals culture of sexual harassment, bullying and racism

Eight-month independent review of the miner’s workplace culture found disturbing, systemic behaviours across the company’s sites.

Cecilia Jamasmie | February 1, 2022 | 3:37 am

AngloGold flags annual earnings slump on lower sales

South Africa's top miner reiterated its previous annual output forecast of 2.427 million ounces.

Reuters | January 31, 2022 | 10:03 pm

Debswana annual diamond sales jump 64%

The total value of Debswana's diamond exports stood at $3.466 billion in 2021 compared with $2.120 billion in 2020.

Reuters | January 31, 2022 | 7:26 am

Amplats sells stake in two mines to rival Sibanye-Stillwater

The Anglo American unit is selling its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643).

Cecilia Jamasmie | January 31, 2022 | 7:03 am

Perseus Mining secures key stakes in two African gold assets

Deal gives Perseus indirect access to Orca Gold's Block 14 project in Sudan and Montage Gold's Kone asset in Côte d’Ivoire.

Cecilia Jamasmie | January 31, 2022 | 3:49 am

De Beers boosts production to meet recovering demand

It saw 2021 production jump by 29% to 32.3 million carats, as the miner boosted output to meet recovering demand.

Cecilia Jamasmie | January 27, 2022 | 6:52 am

Vale accuses Steinmetz of ‘elaborate’ fraud in Simandou deal

More than a decade after Vale agreed to pay Steinmetz $2.5 billion for a chunk of the world’s biggest iron-ore deposit, the pair are about to lock horns in a London court.

Bloomberg News | January 26, 2022 | 8:54 am

Harmony Gold cuts output forecast

The company estimated its South African operations would meet their output and cost of production guidance, however.

Reuters | January 26, 2022 | 8:20 am

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Namibia-focused Osino cuts best gold hit yet

Sotheby’s to auction world’s largest ruby in New York in June

Tanzania signs $667 million deals for rare earth and graphite projects

Four killed in accident at Sibanye-Stillwater gold project in South Africa

Apple to use only recycled cobalt in batteries by 2025

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