Saturn Resources buys Shanta Gold for $180m

As part of the deal, Shanta will leave the AIM exchange, the London market for small and medium size firms, where it has been since 2005.

Cecilia Jamasmie | December 20, 2023 | 3:56 am

Global Atomic raises $11.25m for Dasa uranium project

An updated feasibility study and mine plan are due in the first quarter of 2024.

Staff Writer | December 19, 2023 | 12:26 pm

Centamin grows Sukari gold reserves for third straight year

The Egyptian mine's reserves reached 5.8 million oz. this year, a 10% increase from the 5.3 million oz. estimate in the life of mine plan.

Cecilia Jamasmie | December 19, 2023 | 5:53 am

Dundee to acquire Osino’s Twin Hills gold project in Namibia for $214 million

Twin Hills is an open-pit project with a 13-year mine life and average annual production of 175,000 oz. gold over the first five years.

Colin McClelland | December 18, 2023 | 11:31 am

Burkina Faso replaces mining minister as gold output drops

Gold output in one of Africa’s biggest producers dropped 13% to 58.2 tons in 2022.

Bloomberg News | December 18, 2023 | 5:26 am

South African court denies class action against Anglo American

South Africa's High Court ruled that a class action lawsuit against Anglo American brought by victims of alleged historic lead poisoning in Zambia should not go ahead.

Reuters | December 16, 2023 | 11:11 am

Plummeting platinum group prices could worsen shortage — report

PGM prices have fallen by 42% this year and could widen a supply deficit if unprofitable mines are sidelined.

Colin McClelland | December 15, 2023 | 8:00 am

Namibia greenlights Bannerman Energy’s Etango uranium project

Mining licence comes at a time when prices for the radioactive material have rallied to hit almost 16-year highs.

Cecilia Jamasmie | December 15, 2023 | 4:15 am

Tharisa full-year profit down 31% on weak PGM prices

Weak PGM prices and uncertain global economic prospects have forced Tharisa to delay commissioning its $361 million Karo mine.

Reuters | December 14, 2023 | 2:35 pm

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JPMorgan says BHP plan risks $4.3 billion South Africa outflow

Electric mining vehicle industry’s value to reach $23 billion by 2044 – report

BlackRock encouraged Anglo to extend talks with BHP

Five killed after informal gold mine collapses in northern Kenya

Managem’s revenues fall in Q1 on lower cobalt output

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