Perseus Mining shares rise on increase in African gold reservesProven and probable ore reserves are now estimated at 3.4 million ounces, up from a year ago estimate of 3.3 million ounces.Staff Writer | August 24, 2023 | 8:45 am
Congo wants ERG copper, cobalt assets in bid to regain controlThe government and state-owned miner Gecamines say ERG has been too slow…Bloomberg News | August 24, 2023 | 7:32 am
Billionaire Agarwal pledges to pay Zambia creditors before retaking mineVedanta is ready to pay $250 million owed to suppliers…Bloomberg News | August 23, 2023 | 8:07 am
Zambia “very close” to picking investor for Mopani copper mine Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021. Reuters | April 25, 2022 | 8:12 am
Kinross sells Chirano gold mine in Ghana to Asante in $225m deal Kinross has agreed to sell its 90% interest in the Chirano mine to Asante Gold in a deal worth $225 million. Cecilia Jamasmie | April 25, 2022 | 3:51 am
Glencore cobalt mine scrutinized as Congo revisits foreign deals The country added the Mutanda mine to a list of projects that could face renegotiation. Bloomberg News | April 22, 2022 | 7:56 am
Sibanye-Stillwater increases wage offer for striking South Africa gold mineworkers Under Sibanye's "final settlement offer", entry-level employees would be given an annual increase of 850 rand a month each year between 2022 and 2024 Reuters | April 22, 2022 | 7:37 am
Liberia to review ArcelorMittal concession agreement The announcement risks disrupting ArcelorMittal's plans to triple its iron ore production in Liberia. Reuters | April 21, 2022 | 2:01 pm
Anglo American lowers output guidance after quarterly drop Company's Q1 production fell 10% year on year, partly owing to operations running at reduced capacity because of higher rates of covid-19 infections among workers. Reuters | April 21, 2022 | 8:35 am
Mining giants struggle despite commodities price boom The world’s biggest miners had a tough start to the year, struggling to hit production goals and keep costs under control. Bloomberg News | April 21, 2022 | 7:54 am
De Beers back to search for diamonds in Angola The diamond miner has inked two mineral investment deals with the country's government granting the company exploration rights for 35 years. Cecilia Jamasmie | April 20, 2022 | 3:58 am
Alphamin kicks off potential sale as tin prices surge Alphamin announced in November it was seeking a strategic review to maximize shareholder value. Bloomberg News | April 19, 2022 | 11:57 am