August 14, 2024

Northam Platinum warns of profit fall as low PGM prices persist

Northam's bigger rival Impala Platinum has already said it will report a basic loss of up to 17.8 billion rand.

August 14, 2024

Endeavour agrees to pay staff for overtime work to end strike

The company in April said it was on track to achieve full-year guidance of between 1.13 million ounces of gold.

August 14, 2024

Perseus Mining takes stake in Guinea-focused miner

Perseus has acquired a stake of almost 14% in Predictive Discovery Ltd.

August 14, 2024

China’s XCMG signs deal with Simfer for Simandou iron ore project

China's leading construction machinery manufacturer will provide $112m in core mining equipment.

August 13, 2024

Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer

Botswana's economy has been hit by a drop in demand for diamonds.

August 13, 2024

DRC-Zambia border reopens, copper exports resume

Congo's import ban last month led to protests and Zambia closing the border for transport drivers' safety.

August 12, 2024

China drives African lithium surge to lock in key battery metal

The continent is projected to account for almost 11% of global supply this year.

August 12, 2024

Lucara sales offer glimmer of hope to struggling diamond sector

Lucara's Karowe mine in Botswana generated $41.3 million in revenue, a 7% increase from the same period last year.

August 12, 2024

Gold Fields buys Osisko in $1.6 billion cash deal

The takeover grants the South African gold miner full ownership of the Windfall project in Canada, diversifying its portfolio.

August 11, 2024

Zambia closes border with Congo, blocking key copper trade route

The move follows protests in Congo that flared after the government of that country banned certain beverage imports from Zambia.