Dealmaker sues Randgold for up to $18 million over Barrick merger workIan Hannam, formerly one of JPMorgan's top rainmakers, alleges that Randgold had reneged on their agreement.Reuters | December 6, 2024 | 9:11 am
Botswana faces worst downturn since 2020 as diamond sales slumpBotswana’s economy may contract by 1.7% this year due to…Bloomberg News | December 6, 2024 | 7:08 am
Friend to foe: Mali wants to arrest CEO who made it billionsIn Mali and beyond, Bristow has established a reputation for…Bloomberg News | December 6, 2024 | 3:26 am
Anglo American raises $530 million from Amplats stake sale Anglo announced plans to exit its controlling stake in Johannesburg-listed Amplats in May. Bloomberg News | November 27, 2024 | 6:34 am
Barrick says Ontario Superior Court dismisses 2022 Tanzanian security case A group of 21 Tanzanian nationals had alleged that Barrick was complicit in extrajudicial killings by police guarding its North Mara mine. Reuters | November 26, 2024 | 4:12 pm
Four Barrick Gold employees detained in Mali Employees of the Loulo-Gounkoto mine were detained amid the government's push for higher mining taxes. Staff Writer | November 26, 2024 | 9:24 am
Diamond miners face turning point amid weak prices — report McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention. Cecilia Jamasmie | November 26, 2024 | 9:23 am
Anglo sells more Amplats shares ahead of spinoff of platinum unit The total offering size is about $535 million, according to a bookrunner. Reuters | November 26, 2024 | 7:55 am
Platinum market faces third consecutive deficit in 2025, WPIC says Platinum market deficit will be lower in 2025 than 2024, WPIC says. Reuters | November 26, 2024 | 6:44 am
Zambia miners rescued after nationwide power outage Zambia suffered a nationwide blackout following a power system disturbance. Reuters | November 25, 2024 | 7:15 am
Hummingbird shares plummet on Kouroussa missed targets The mine’s four-week trailing average production reached almost 1,900 ounces, below the 2,000 to 2,500 ounces range Hummingbird expected. Staff Writer | November 25, 2024 | 5:15 am
Mining’s old guard needs strong medicine A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities. Frik Els | November 22, 2024 | 3:29 pm