Jihadist groups cash in on artisanal gold rush in West Africa

The more than 2 million directly employed in small-scale mining in Mali, Burkina Faso and Niger have become a source of financing and recruits for Islamist militants in the region.

Bloomberg News | November 14, 2019 | 7:00 am

De Beers diamond buyers return as prices cut most in years

De Beers sold the most diamonds since June after the biggest price cut in years, but sales still remained lower than normal for this time of year.

Bloomberg News | November 13, 2019 | 11:06 am

Zimbabwe to enforce “use it or lose it” policy for mining assets

Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes.

Reuters | November 13, 2019 | 9:05 am

China-backed JV to develop giant Simandou north iron ore deposit in Guinea

Guinea’s Societe Miniere de Boke (SMB) and Singapore’s Winning International Group offered $14 billion to build a mine and related infrastructure.

Cecilia Jamasmie | November 13, 2019 | 5:58 am

Cobalt hydroxide price up 55% in three months

Chinese imports of cobalt hydroxide also up 28% in September quarter, but Benchmark says its not a fundamental uptick.

Frik Els | November 12, 2019 | 2:28 pm

Gold Fields says South Africa mine revival could unlock deal

Gold Fields on Friday raised South Deep’s output targets for this year and next as the company implements the mine’s fifth turnaround plan since its acquisition in 2006.

Bloomberg News | November 12, 2019 | 10:24 am