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.

August 7, 2024

Glencore scraps plans to ditch coal on investor pressure

Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns.

August 6, 2024

Copper 360 reboots Rietberg mine in South Africa

This marks the first time in more than four decades that copper has been mined from the O’Kiep district.

August 6, 2024

AngloGold says free cash flow to double in second half

The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings.

August 6, 2024

Petra defers another diamond tender amid weak demand

Petra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned.

August 5, 2024

Endeavour’s ex-CEO paid miner $1.35 million settlement after firing

The London-listed company removed Sebastien de Montessus in January amid a probe into an “irregular” payment.

August 5, 2024

VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office

The sector employs nearly half a million people and contributes about 7% to the country's GDP.

August 5, 2024

Glencore to pay $152 million fine in bribery case

Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.