December 2, 2024

De Beers closes 2024 with huge price cuts

The world’s largest diamond producer by value has reportedly cut prices between 10% and 15% across the board.

December 1, 2024

Global mineral exploration activity in October was highest in a year, S&P data shows

According to S&P, funds raised by junior and intermediate miners nearly quadrupled to $1.61 billion in October, the highest since March 2022.

November 29, 2024

Anglo shares rise amid renewed takeover speculation

BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.

November 29, 2024

Botswana Diamonds gets environmental nod for Thorny River

Company expects the mining permit to be granted within the next six weeks, following further community consultations.

November 28, 2024

Resolute Mining forks out further $50 million to Mali for detained employees

The miner's top boss Terence Holohan and two other employees were released by Mali government, the company said in a statement on Nov. 21.

November 28, 2024

Platinum Group partners with Saudi firm for smelter amid South African export hurdles

The partnership with Ajlan & Bros includes a $4 million feasibility study split 50/50.

November 28, 2024

Madagascar lifts suspension on Energy Fuels’ critical minerals project

The Toliara project is expected to be a cornerstone source of monazite supply for the White Mesa mill, the company said.

November 28, 2024

Oman firm replaces sanctioned Alrosa in Angolan diamond miner

Alrosa, which held a 41% interest in the Catoca operation, has been sanctioned by the US, EU and their allies.

November 28, 2024

Glencore makes deal with Pele Green for $116 million solar plant

The project is Pele’s first for a private client and is part of wider plans to develop 5,000 megawatts of capacity.

November 28, 2024

Ontario court dismisses human rights claims against Barrick

The Court ruled that Ontario was not the appropriate forum to consider the claims by Tanzanian residents alleging human rights abuses near North Mara.