Zimbabwe under pressure to end gold sales monopoly
Gold mining investors are pressuring the country to change a law forcing producers to sell their output to the central bank.
Latest Stories
Petra Diamonds investigates human rights abuses in Tanzania
Company said it is investigating allegations that subsistence miners who trespassed on the firm’s Williamson mine were detained, beaten and shot.
US court dismisses lawsuit against Sibanye-Stillwater
Class action sought compensation for alleged false statements by the company and its CEO related to a series of mine deaths in 2018.
Gold market authority threatens to blacklist UAE and other centres
The world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory standards.
Polyus lifts Sukhoi Log investment forecast as Q3 profits jump
The company has raised its investment forecast to $3.3 billion for its Sukhoi Log gold deposit in Siberia.
Newmont targets net-zero emissions by 2050
Newmont said 88% of its energy used for mining and milling is generated from carbon-based fuels.
Glencore boss says pandemic could delay his departure
Ivan Glasenberg had said he would step down once a new management team is in place, expected to happen this year.
Guinea approves railroad and port plan for Simandou
The move is key to Guinea’s economy and Simandou's development, which has been complicated by its location far from the coast and the cost of infrastructure.
Rock-mining bacteria could support human presence in space
Experiments on the International Space Station show that bacteria could enhance the removal of rare earth elements from basalt in lunar and Martian landscapes.
