August 8, 2024

UAE suspends 32 gold refineries in money-laundering crackdown

The shuttered facilities — which represent about 5% of the UAE’s gold sector — will be halted until Oct. 24.

August 8, 2024

Gold Fields warns of profit plunge after production decline

The miner said the drop in production was due to challenging ground conditions at South Deep mine.

August 8, 2024

Triple Flag to acquire gold streams on Allied Gold’s Agbaou and Bonikro mines

The Agbaou and Bonikro mines are located in Côte d’Ivoire within the Birimian Greenstone Belt.

August 8, 2024

Africa’s top gold producer opens first plant to refine bullion

The Royal Ghana Gold Refinery aims to refine 400 kilograms of gold a day, sourcing the raw material mainly from artisanal and small-scale mines.

August 7, 2024

Namibia says just 42% of approved mining projects are operating

Namibia is the world’s third-largest uranium producer and is home to deposits of lithium as well as rare earth minerals.

August 7, 2024

NextSource completes equipment upgrade for Molo graphite mine

The Madagascar mine is now meeting or exceeding recovery and grade expectations, consistently producing concentrate at a carbon content of between 95%-97%, the company said.

August 7, 2024

Impala Platinum flags $1bn impairments after metal price plunge

The miner will publish its financial results on Aug.29.

August 7, 2024

Glencore ceases to stockpile cobalt

Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016.

August 7, 2024

Zambia’s proposed minerals law may hurt copper investment, mines lobby says

Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia.

August 7, 2024

Gem Diamonds digs up 145 carat diamond in Lesotho

The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine.