October 1, 2024

Sinomine decries tough Zimbabwe conditions amid lithium price slump

Africa's top producer of lithium has attracted over $1 billion investment from Sinomine and its Chinese peers.

September 30, 2024

UN says Congo rebels generating $300,000 monthly in seized mining area

Rebels in eastern DRC have consolidated control over the Rubaya coltan-mining region, imposing a production tax.

September 30, 2024

Barrick reaches deal with Mali after reports staff were detained

Mali’s junta in 2023 adopted a new mining code that could see the government increase its stake to 35% in existing gold mines.

September 30, 2024

Barrick, Mali government to find resolution for Loulo and Gounkoto gold mines

The statement from the world's second largest miner comes two days after the Malian government arrested four employees of the company.

September 30, 2024

Barrick awards Metso €70m contract for Lumwana copper plant equipment

The scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration.

September 30, 2024

Sinomine says it will build lithium sulfate plant in Zimbabwe

The company's Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money.

September 30, 2024

Thor Explorations denies allegations of tax evasion in Nigeria

The state of Osun alleges that the company has dodged over 3.25 billion Nigerian naira (approximately $1.9 million) in taxes.

September 29, 2024

Major copper discoveries scarce as industry shuns greenfield exploration — report

Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global.

September 28, 2024

Tanzania orders gold dealers to reserve 20% for purchase by central bank

In the 12 months to June, the central bank bought 418 kg of gold to beef up its reserves.

September 28, 2024

Mali junta arrests four employees of Barrick Gold

The junta has sought to channel a greater share of gold revenue to state coffers.