Russia, Mali discuss joint lithium and solar projectsThe 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 minesAbout 90.7 million shares will be sold at C$1.50 each…Cecilia Jamasmie | September 26, 2024 | 3:55 am
Koryx Copper raises $7.4 million to advance African projectsThe private placement represents the third financing announced by Koryx…Staff Writer | September 25, 2024 | 9:08 am
Glencore ceases to stockpile cobalt Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016. Reuters | August 7, 2024 | 7:01 am
Zambia’s proposed minerals law may hurt copper investment, mines lobby says Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia. Reuters | August 7, 2024 | 6:56 am
Gem Diamonds digs up 145 carat diamond in Lesotho The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine. Staff Writer | August 7, 2024 | 5:24 am
Glencore scraps plans to ditch coal on investor pressure Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns. Cecilia Jamasmie | August 7, 2024 | 4:03 am
Copper 360 reboots Rietberg mine in South Africa This marks the first time in more than four decades that copper has been mined from the O’Kiep district. Staff Writer | August 6, 2024 | 10:49 am
AngloGold says free cash flow to double in second half The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings. Reuters | August 6, 2024 | 6:58 am
Petra defers another diamond tender amid weak demand Petra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned. Cecilia Jamasmie | August 6, 2024 | 3:43 am
Endeavour’s ex-CEO paid miner $1.35 million settlement after firing The London-listed company removed Sebastien de Montessus in January amid a probe into an “irregular” payment. Bloomberg News | August 5, 2024 | 11:26 am
VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office The sector employs nearly half a million people and contributes about 7% to the country's GDP. Staff Writer | August 5, 2024 | 10:36 am