Saudi Arabia in advanced talks over Zambia copper mine stake, Ma’aden CEO says

Saudi Arabia is expecting a deal by the end of the year.

Reuters | October 30, 2024 | 7:01 am

Simandou to mine first cargo by end of 2025

With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore.

Reuters | October 30, 2024 | 12:37 am

Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024

Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers.

Reuters | October 30, 2024 | 12:25 am

Compass Gold signs mill deal to tap Tarabala deposit in Mali within months

Mali’s mining code allows Compass to mine up to 200,000 tonnes of ore a year in the country’s south and produce as much as 160,000 oz. of metal over the next four years.

Henry Lazenby - The Northern Miner | October 29, 2024 | 2:47 pm

Global Atomic anticipates $295m loan for Dasa project by Q1 2025

The loan would cover 60% of the uranium project's projected costs.

Staff Writer | October 29, 2024 | 10:02 am

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.

Cecilia Jamasmie | October 29, 2024 | 6:47 am

AngloGold to close $2.5 billion Centamin buy in November

With Centamin shareholders backing the deal this week, the only hurdle is the approval of the Jersey Court on November 20.

Cecilia Jamasmie | October 29, 2024 | 3:58 am

China’s cobalt king hits output goal months ahead of schedule

The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up.

Bloomberg News | October 29, 2024 | 2:20 am

Rio Tinto halts Simandou after fatal accident

The contractor's death at the massive iron ore project in Guinea is the fifth fatality at the mining giant’s global operations this year.

Staff Writer | October 28, 2024 | 8:53 am

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Botswana holds main interest rate as diamond slump saps economy

Paladin restarts Langer Heinrich plant after planned shutdown

Exxaro suspends CEO pending workplace conduct investigation

Rio Tinto lifts 2025 guidance for capex, copper output

Biden unveils $600 million in new financing for African railway

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