September 12, 2024

Sibanye to slash output to turn around US palladium mines

The miner recognized a $407 million impairment on the US operations due to a lower palladium price forecast.

September 12, 2024

Barrick says feasibility for Lumwana copper mine expansion expected year-end

The expansion would result in a life-of-mine average annual production of 240,000 tonnes, compared with the current average of 120,000 tonnes.

September 12, 2024

South Africa’s platinum output back to pre-covid levels on job cuts

The World Platinum Investment Council says more than 10,000 jobs have been lost in 2024 amid falling PGM prices.

September 12, 2024

Atlantic Lithium secures environmental permit for Ghana mine

The permit serves as Ghana’s Environmental Protection Agency's approval for the company's proposed activities at the project.

September 11, 2024

Zimbabwe’s biggest miners seek $182 million for solar projects

Zimbabwe faces an energy shortfall that often triggers the state-owned power company to implement rolling blackouts.

September 11, 2024

Anglo American nets over $400m from platinum unit share sale amid demerger plans

An accelerated bookbuild offering of about 13 million shares of Amplats was launched on Tuesday.

September 11, 2024

Gem Diamonds finds 126.2-carat stone at Letšeng mine

The 126.21 carat Type II white diamond is the twelfth greater than 100-carat precious stone mined this year.

September 10, 2024

China to agree on concession for Mao-era Africa railway by year-end

The Tanzania-Zambia Railway will compete with a US-backed rail line known as the Lobito corridor.

September 10, 2024

Congo sells copper from Tenke to trio of trading heavyweights

Glencore, Mercuria and Trafigura are all buying copper from the DRC's state miner.

September 10, 2024

Anglo American launches share sale in platinum unit amid demerger plans

The shares on offer represent about 5% of Amplats' total issued ordinary shares.