November 27, 2024

Anglo American raises $530 million from Amplats stake sale

Anglo announced plans to exit its controlling stake in Johannesburg-listed Amplats in May.

November 26, 2024

Barrick says Ontario Superior Court dismisses 2022 Tanzanian security case

A group of 21 Tanzanian nationals had alleged that Barrick was complicit in extrajudicial killings by police guarding its North Mara mine.

November 26, 2024

Four Barrick Gold employees detained in Mali

Employees of the Loulo-Gounkoto mine were detained amid the government's push for higher mining taxes.

November 26, 2024

Diamond miners face turning point amid weak prices — report

McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.

November 26, 2024

Anglo sells more Amplats shares ahead of spinoff of platinum unit

The total offering size is about $535 million, according to a bookrunner.

November 26, 2024

Platinum market faces third consecutive deficit in 2025, WPIC says

Platinum market deficit will be lower in 2025 than 2024, WPIC says.

November 25, 2024

Zambia miners rescued after nationwide power outage

Zambia suffered a nationwide blackout following a power system disturbance.

November 25, 2024

Hummingbird shares plummet on Kouroussa missed targets

The mine’s four-week trailing average production reached almost 1,900 ounces, below the 2,000 to 2,500 ounces range Hummingbird expected.

November 22, 2024

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

November 22, 2024

Congo’s Gecamines offers $1 million to block Chinese deal with Chemaf

Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June.