June 11, 2024

Gemfields picks ex-De Beers boss Bruce Cleaver as new chair

Bruce Cleaver, who was at the helm of De Beers for seven years to 2023, takes the position effective July 1.

June 10, 2024

Premium Nickel upsizes Botswana financing to $20 million

The upsized financing represents nearly double the initial offering amount.

June 10, 2024

Botswana in talks to raise stake in De Beers

President Mokgweetsi Masisi also said the government will play a central role in selecting a new investor to replace Anglo at De Beers.

June 9, 2024

Guinea, Emirates Global agree on alumina plant deal

The new alumina refinery is expected to have a capacity of 1 million tons a year and be built in the region of Boke.

June 9, 2024

Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study

Researchers recommend that governments legislate to ban new fossil fuel projects.

June 7, 2024

Ghana’s 2023 gold output rose 8.3%

Output in 2024 is projected to rise to between 4.3 million and 4.5 million ounces.

June 7, 2024

Zambia sees KoBold spending $2.3 billion on giant copper mine

The Bill Gates-backed company aims to produce more than 300,000 metric tons per year at Mingomba.

June 7, 2024

Sibanye loosens debt covenants to boost cash amid lower prices

The miner said on Friday that all of its lenders have agreed to raise the debt threshold on all facilities.

June 7, 2024

Society Artisanal, Minespider partner to export conflict-free artisanal gold

Society Artisanal has engaged Minespider to track gold from the mines it oversees to its smelting facility.

June 6, 2024

B2Gold nets $90 million stake in Versamet after royalty package sale

This new partnership offers B2Gold a chance to see the value in generally unrecognized royalties.