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.

August 9, 2024

Russia asks Niger to help as geologists taken hostage

Two employees of an unidentified Russian company came under attack by militants in July, while they were exploring for mineral resources, according to the news service.

August 9, 2024

Video: World Gold Council sees market uncertainty raising metal’s price

WGC senior market strategist sees several trigger points that could prompt gold to move even higher, perhaps stirring more interest from retail investors.

August 9, 2024

ICMM updates Indigenous Peoples and Mining position statement  

The updated statement sets out what companies will do if agreement cannot be reached and States have granted permission for projects to proceed.

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.