Hummingbird Resources will own 51% of the company following the arrangement.

Jubilee said it had secured IRH's investment to process an estimated 350 million metric tons of copper waste rock.

The tender was conducted by Sodiam E.P in Luanda, and the Lulo parcel of 609 carats consisted of 4 Type IIa diamonds weighing 41 carats, 123 carats, 208 carats and 235 carats, respectively.

A forecast surplus of copper going into 2024 has suddenly all but disappeared.

The claims, which MetalsGrove will acquire for $60,000, are close to Huayou Cobalt's Arcadia lithium mine.

The sit-in at Wesizwe Platinum’s Bakubung operation northeast of Johannesburg involves about 280 employees.

Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.