Anglo American sells Australian coal JV stake for $1.1 billionAnglo has agreed to sell its 33.3% stake in Jellinbah Group, a JV that owns 70% interest in the Jellinbah East and Lake Vermont coal mines.Cecilia Jamasmie | November 4, 2024 | 5:47 am
How one of the tiniest oil markets cost Trafigura over $1 billionLast week, the company admitted it faces a loss in…Bloomberg News | November 3, 2024 | 9:10 am
Botswana’s new president aims to clinch De Beers diamond sales pact soonThe pact will see the government's share of diamonds from…Reuters | November 1, 2024 | 10:37 am
Kodal Minerals flags possible delay in first production at Bougouni lithium project Weather impacts could lead to a potential delay in first production by a few weeks to early Q1 2025. Staff Writer | September 26, 2024 | 9:28 am
Focus on coal miners, power grid as South Africa spends just sixth of climate aid Burning coal has rendered South Africa one of the world's most carbon intensive economies. Reuters | September 26, 2024 | 7:20 am
Russia, Mali discuss joint lithium and solar projects The two countries are discussing the development of the first lithium production in Mali. Reuters | September 26, 2024 | 6:48 am
Asante Gold secures $100 million to grow Ghana mines About 90.7 million shares will be sold at C$1.50 each to a strategic investor, with proceeds to be used at Bibiani and Chirano mines. Cecilia Jamasmie | September 26, 2024 | 3:55 am
Zijin wants its Africa copper mine to rival the world’s biggest Kamoa-Kakula, in which Zijin and Ivanhoe both hold a 39.6% stake, may surpass BHP’s ageing Escondida mine in Chile. Bloomberg News | September 26, 2024 | 3:15 am
Koryx Copper raises $7.4 million to advance African projects The private placement represents the third financing announced by Koryx this year. Staff Writer | September 25, 2024 | 9:08 am
Miners could lose 6.4% of spending to fraud — report Crowe's research shows implementing better fraud prevention practices could cut losses by up to 40% within 12 months. Staff Writer | September 24, 2024 | 9:39 am
China mining firms partner with Zimbabwe on lithium mine Zhejiang Huayou Cobalt and Tsingshan Holding Group are defying low prices to develop a deposit in Africa. Bloomberg News | September 24, 2024 | 7:56 am
Congo’s South Kivu governor clears miners to resume operations All mining activities in the restive region were suspended in July. Reuters | September 24, 2024 | 6:08 am