BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off.

Bloomberg News | May 15, 2024 | 9:24 am

Saudi’s new mining vehicle picks industry veteran as first CEO

Manara Minerals has hired veteran dealmaker Pierre Chenard to be its first permanent chief executive officer.

Bloomberg News | May 15, 2024 | 8:52 am

Congo demands international embargo on Rwandan mineral exports

The DRC government accuses Rwanda of using rebel groups to steal its natural resources.

Bloomberg News | May 15, 2024 | 8:52 am

Lucapa to sell majority stake in Lesotho diamond mine

The diamond miner is also discussing options for the 30% in the Mothae mine held by the government of Lesotho.

Cecilia Jamasmie | May 15, 2024 | 3:20 am

US blames China’s CMOC for predatory tactics behind cobalt glut

CMOC said in March that its Tenke and Kisanfu projects in Congo will produce more than 60,000 tons of cobalt this year.

Bloomberg News | May 14, 2024 | 1:26 pm

Lithium miner debuts as Ghana’s first listing in two years

Australian-based Atlantic Lithium has taken a step toward raising capital from equity investors in the country.

Bloomberg News | May 14, 2024 | 7:46 am

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

Cecilia Jamasmie | May 14, 2024 | 4:04 am

Congo allows Zijin mine to resume operations, ministry letter says

Mining operations at COMMUS could resume as long as the company ensured radiation levels remained in line with standards.

Reuters | May 13, 2024 | 12:25 pm

SMX, Brinks to create new gold market standards

At the heart of the partnership lies SMX’s technology, which will be deployed by Brink’s to enhance various aspects of gold marking, auditing and storage.

Staff Writer | May 13, 2024 | 11:15 am

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Midnight Sun shares plunge on Zambian exploration licence setback

Zambia plans state firm to own 30% of critical minerals mines

Impala chief sees no new platinum mines built in South Africa amid EV threat

Kumba to invest further $428 million in iron ore processing plant upgrade

Botswana’s ODC seeks $300 million loans for diamond purchases

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