Wagner Group linked to $2.5 billion in illicit gold trading — reportGlobally, artisanal and small-scale gold mining accounts for about 20% of annual gold production.Staff Writer | November 18, 2024 | 9:36 am
Resolute Mining to pay Mali $160 million to resolve tax dispute, free staffThe company’s shares in Sydney were suspended on Thursday, after…Reuters | November 17, 2024 | 3:34 pm
Aya Gold & Silver rises on Zgounder optimism, despite Q3 missIn its Q3 results release, the company noted that the…Staff Writer | November 15, 2024 | 8:31 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
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