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.

November 21, 2024

Ivanhoe’s Kipushi zinc mine in the DRC officially reopens

The restart marked exactly a century since the mine first went into production.

November 21, 2024

Sierra Leone woos miners to clean energy with $11 billion plan

Most mining firms rely on their own diesel supplies to extract iron ore, diamonds, rutile and bauxite in the resource-rich country.

November 21, 2024

UK gov’t finds Glencore fell short of business guidelines in Chad

Case centres on a 2018 toxic spill at the Badila oilfield, equivalent in volume to 34 Olympic-sized swimming pools.