Gemfields auction revenue down amid market softeningRevenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier.Staff Writer | July 26, 2024 | 7:46 am
Sibanye delays results release as it recovers from cyberattackPublication of its second quarter and first half results has…Staff Writer | July 25, 2024 | 9:56 am
Anglo to face investors with wary eye on BHP’s potential returnInvestors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives…Reuters | July 24, 2024 | 7:48 am
Court approves billionaire Agarwal’s plan to reclaim Zambia mine Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers. Bloomberg News | June 29, 2024 | 9:22 pm
Lithium price surge unlikely to return: Fitch Outlook is reshaping the industry landscape, presenting opportunities and challenges for major producers and junior developers. Henry Lazenby - The Northern Miner | June 28, 2024 | 9:41 am
Botswana GDP shrinks most since 2020 as diamond output plunges Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively. Bloomberg News | June 28, 2024 | 9:35 am
Vedanta set to regain control of Zambia copper mine Billionaire Anil Agarwal’s firm is ready to pay $250 million to settle debts owed by the Konkola mine. Bloomberg News | June 28, 2024 | 9:03 am
China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf The deal with Norin Mining will enable Chemaf to settle its debts. Reuters | June 27, 2024 | 7:43 am
AngloGold boosts investment in Brazil as it mulls Corrego’s fate While 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 market Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million. Cecilia Jamasmie | June 27, 2024 | 3:49 am
Trafigura clinches share of major zinc deal snubbed by Glencore Production from Ivanhoe's Kipushi zinc mine in Congo will now be split between several new buyers. Bloomberg News | June 26, 2024 | 9:59 am
Vedanta in talks with IHC unit, investors for Zambian copper stake sale The KCM assets have also attracted interest from other investors, said Vedanta's chief executive for base metals. Reuters | June 26, 2024 | 8:47 am