July 30, 2024

Guinea cuts president’s term to five years in draft constitution

In addition to being the world’s top exporter of bauxite, Guinea also has the world’s largest untapped iron ore deposit.

July 29, 2024

Video: ‘Big bang’ in commodity demand set to lift miners, Prins says

Global geopolitical and energy transformations are driving an increased demand for tangible holdings, notably commodities, which are critical for the energy transition.

July 29, 2024

Guinea’s Simandou iron ore project seen aiding climate goal

“With an iron content of nearly 65% ​​and few impurities, Simandou project will make Guinea a key player,” Rio says.

July 29, 2024

Lucapa recovers 176-carat diamond at Lulo mine in Angola

The diamond is the 45th +100 carat stone to be recovered from Lulo and the eighth largest since alluvial operations began in 2015.

July 26, 2024

Gemfields auction revenue down amid market softening

Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier.

July 25, 2024

Sibanye delays results release as it recovers from cyberattack

Publication of its second quarter and first half results has been rescheduled to September 12.

July 25, 2024

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

July 24, 2024

Anglo to face investors with wary eye on BHP’s potential return

Investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the miner's strategy.

July 24, 2024

Vedanta seeks partners to develop Zambia mines it’s regaining

The company seeks partners to carry out exploration, development and production at the Konkola Copper Mines assets.

July 24, 2024

South Africa mines lobby urges caution on minerals export tax

A more than six-fold increase in electricity prices since 2008 and erratic power supply have negatively affected local processing.