Zimbabwe’s central bank gold reserves to back ZiG currency riseThe ZiG, short for Zimbabwe Gold, launched April 5 is backed by 2.5 tons of gold and $100 million in foreign currency reserves.Bloomberg News | May 22, 2024 | 9:06 am
Harmony Gold reports fatality at South Africa mineAt least 54 workers died in mining-related accidents in South…Reuters | May 22, 2024 | 8:16 am
Anglo’s second largest investor demands BHP bid revisionPetition by South Africa's Public Investment Corporation (PIC), which owns…Cecilia Jamasmie | May 22, 2024 | 3:33 am
The world’s copper supply is suddenly looking scarce A forecast surplus of copper going into 2024 has suddenly all but disappeared. Bloomberg News | December 11, 2023 | 10:55 am
MetalsGrove shares jump on Zimbabwe lithium assets acquisition The claims, which MetalsGrove will acquire for $60,000, are close to Huayou Cobalt's Arcadia lithium mine. Cecilia Jamasmie | December 11, 2023 | 6:13 am
S. Africa mine sit-in by protesting workers enters third day The sit-in at Wesizwe Platinum’s Bakubung operation northeast of Johannesburg involves about 280 employees. Bloomberg News | December 8, 2023 | 9:25 am
Anglo American shares plunge after production cuts Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines. Staff Writer | December 8, 2023 | 8:07 am
Petra Diamonds says the worst is likely over Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed. Cecilia Jamasmie | December 8, 2023 | 6:34 am
Lifezone Metals updates mineral resource for Kabanga nickel project The project in Tanzania is believed to be one of the world's largest and highest grade undeveloped nickel sulphide deposits. Staff Writer | December 7, 2023 | 9:59 am
Anglo American preps sweeping cost cuts as price rout bites A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs. Reuters | December 7, 2023 | 8:43 am
Ivanhoe Mines quadruples exploration budget for 2024 The primary focus of exploration activities will be on the Western Foreland project in the DRC. Staff Writer | December 7, 2023 | 8:20 am
New approach aims to detoxify artisanal gold mining A new approach to detoxifying artisanal gold mining aims to help miners keep their livelihoods while reducing associated health risks. Staff Writer | December 6, 2023 | 5:10 am