Sibanye agrees on wage deal for its gold operations, union saysOn Tuesday, Sibanye reported a nearly 300% increase in third-quarter earnings from its gold operations.Reuters | November 6, 2024 | 8:01 am
Pan African expands into Australia, halts Sudan projectIt has paid $54.2 million for full ownership of gold…Cecilia Jamasmie | November 5, 2024 | 6:22 am
Ivanhoe Mines’ Kamoa-Kakula achieves record copper production in OctoberCopper production from Kamoa-Kakula now totals 345,042 tonnes for the…Staff Writer | November 4, 2024 | 9:23 am
Barrick, Mali government to find resolution for Loulo and Gounkoto gold mines The statement from the world's second largest miner comes two days after the Malian government arrested four employees of the company. Reuters | September 30, 2024 | 11:22 am
Barrick awards Metso €70m contract for Lumwana copper plant equipment The scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration. Staff Writer | September 30, 2024 | 11:16 am
Sinomine says it will build lithium sulfate plant in Zimbabwe The company's Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money. Bloomberg News | September 30, 2024 | 10:01 am
Thor Explorations denies allegations of tax evasion in Nigeria The state of Osun alleges that the company has dodged over 3.25 billion Nigerian naira (approximately $1.9 million) in taxes. Staff Writer | September 30, 2024 | 9:15 am
Major copper discoveries scarce as industry shuns greenfield exploration — report Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global. Staff Writer | September 29, 2024 | 9:08 am
Tanzania orders gold dealers to reserve 20% for purchase by central bank In the 12 months to June, the central bank bought 418 kg of gold to beef up its reserves. Reuters | September 28, 2024 | 4:19 pm
Mali junta arrests four employees of Barrick Gold The junta has sought to channel a greater share of gold revenue to state coffers. Reuters | September 28, 2024 | 11:28 am
Ghana central bank launches new gold coin to boost savings The coin, made from gold mined in Africa’s biggest producer of the metal, has been refined to 99.99% purity. Bloomberg News | September 27, 2024 | 9:57 am
Glencore Congo copper mine hit with $894 million royalty row Kamoto is one of the largest mines in Congo, exporting 200,000 tonnes of copper and 16,000 tonnes of cobalt in 2023. Bloomberg News | September 27, 2024 | 7:01 am