First Quantum suspends operations at Zambia mine after fatal accidentThe company said the worker died following an incident involving a tracked dozer and a light vehicle.Reuters | September 23, 2024 | 6:41 am
Gem Diamonds’ Letšeng mine yields 212-carat stoneIt is the 13th diamond over 100-carat unearthed this year…Staff Writer | September 23, 2024 | 3:55 am
CHART: Global mining and metals – a quick reality checkDemand for energy transition metals has injected optimism into mining,…Frik Els | September 19, 2024 | 1:15 pm
Botswana GDP shrinks most since 2020 as diamond output plunges Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively. Bloomberg News | June 28, 2024 | 9:35 am
Vedanta set to regain control of Zambia copper mine Billionaire Anil Agarwal’s firm is ready to pay $250 million to settle debts owed by the Konkola mine. Bloomberg News | June 28, 2024 | 9:03 am
China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf The deal with Norin Mining will enable Chemaf to settle its debts. Reuters | June 27, 2024 | 7:43 am
AngloGold boosts investment in Brazil as it mulls Corrego’s fate While it is investing $198m in the country this year, AngloGold may still sell its Córrego do Sítio gold complex. Staff Writer | June 27, 2024 | 7:15 am
Petra Diamonds cuts targets and costs in tough market Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million. Cecilia Jamasmie | June 27, 2024 | 3:49 am
Trafigura clinches share of major zinc deal snubbed by Glencore Production from Ivanhoe's Kipushi zinc mine in Congo will now be split between several new buyers. Bloomberg News | June 26, 2024 | 9:59 am
Vedanta in talks with IHC unit, investors for Zambian copper stake sale The KCM assets have also attracted interest from other investors, said Vedanta's chief executive for base metals. Reuters | June 26, 2024 | 8:47 am
De Beers sales drop to $315m amid search for new owner Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year. Cecilia Jamasmie | June 26, 2024 | 3:50 am
Sibanye CEO says may close metals streaming deal in third quarter The miner is seeking to raise more than $500 million to shore up its balance after earnings plunged due to a rout in metal prices. Reuters | June 25, 2024 | 9:20 am