AngloGold boosts investment in Brazil as it mulls Corrego’s fateWhile 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 marketPetra plans to cut operating costs by $30 million a…Cecilia Jamasmie | June 27, 2024 | 3:49 am
Vedanta in talks with IHC unit, investors for Zambian copper stake saleThe KCM assets have also attracted interest from other investors,…Reuters | June 26, 2024 | 8:47 am
Platinum deficit in 2024 to be deeper than expected – WPIC Platinum demand surged 25% in 2023, seen down 6% in 2024. Reuters | March 6, 2024 | 7:43 am
Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer. Reuters | March 5, 2024 | 7:21 am
Barrick cuts cyanide by 80% by adding glycine leach for gold recovery In 2023, Barrick rolled out a global testing and implementation program with the goal of using GlyCat to unlock substantive savings. Staff Writer | March 4, 2024 | 11:16 am
First Quantum touts interest in its Zambia copper operations The company has been under pressure to strengthen its balance sheet and raise cash after its flagship copper mine in Panama was shuttered. Bloomberg News | March 4, 2024 | 10:12 am
Debswana diamond sales down 25.1% in 2023 on weak demand Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022. Reuters | March 1, 2024 | 7:55 am
Northam CEO says South African platinum miners facing worst crisis in decades Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion. Reuters | March 1, 2024 | 7:48 am
Impala Platinum considers mine closures after profit slump Decisions to mothball loss-making operations could be made within the next six months. Reuters | February 29, 2024 | 7:00 am
Diamond producers warn of pitfalls in G7’s Russia gem ban Russia is the biggest global supplier of uncut diamonds by volume. Henry Lazenby | February 28, 2024 | 3:02 pm
Harmony Gold to pay record interim dividend, extend life of Mponeng mine The miner will extend Mponeng’s life from seven to 20 years. Staff Writer | February 28, 2024 | 9:41 am