Sandvik lags Q3 profit forecast as non-mining units face weak demandSandvik is considered a reliable indicator of demand given its broad customer base.Reuters | October 21, 2024 | 4:24 am
World’s top ruby mine in Mozambique stormed after ‘fake’ noticeAbout 300 people invaded a pit at the Montepuez ruby…Bloomberg News | October 20, 2024 | 4:49 pm
How resource ‘classification debt’ chips away at miners’ growth and investor trustOver the past decade, resource misclassification has saddled the mining…Henry Lazenby - The Northern Miner | October 18, 2024 | 2:00 pm
US sees bipartisan backing for Africa critical minerals plan The flagship of the plan — a railway project known as the Lobito corridor — is already far advanced. Bloomberg News | August 29, 2024 | 3:28 pm
Midnight Sun shares plunge on Zambian exploration licence setback The company's licences for its Dumbwa and Mitu targets are unaffected. Staff Writer | August 29, 2024 | 2:21 pm
Zambia plans state firm to own 30% of critical minerals mines The government also intends to make investors in the critical minerals sector allocate at least 35% of procurement costs to local suppliers. Bloomberg News | August 29, 2024 | 10:40 am
Impala chief sees no new platinum mines built in South Africa amid EV threat Impala is curbing new investment after headline earnings in the year through June 30 plunged 87%. Reuters | August 29, 2024 | 9:57 am
Kumba to invest further $428 million in iron ore processing plant upgrade The new technology is expected to increase the volume of premium iron ore to about 55% of its flagship Sishen mine’s production. Reuters | August 29, 2024 | 9:55 am
Botswana’s ODC seeks $300 million loans for diamond purchases ODC currently gets 25% of its production from Debswana, a joint venture between Botswana and De Beers. Reuters | August 29, 2024 | 9:36 am
Ghana to launch ‘monster mines’ to boost gold production The African nation will commission its first large-scale greenfield mine in more than a decade in November. Reuters | August 29, 2024 | 9:25 am
Gem Diamonds unearths 129-carat stone at Letšeng mine in Lesotho The diamond, recovered on August 23rd, is the 10th greater than 100 carat stone the company has recovered so far in 2024. Staff Writer | August 28, 2024 | 11:29 am
Madagascar’s Ambatovy nickel project companies file restructuring plan Sumitomo owns a 54.2% stake in the project companies. Reuters | August 28, 2024 | 8:54 am