June 6, 2024

Opening of new mines boosts Ivory Coast 2023 gold output

Gold output has been climbing steadily for several years and is expected to reach 56 metric tons this year.

June 6, 2024

Botswana may raise De Beers stake as Anglo weighs spin-off

The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.

June 6, 2024

Rio Tinto’s South African unit may resume mineral sands project halted by violence

Richards Bay Minerals plans to take the Zulti South project to the Rio Tinto board for approvals in the first half of next year.

June 6, 2024

Gemfields unveils early gold estimates for Mozambique project

Resource estimate for the Nairoto project suggests the presence of 103,000 ounces of gold averaging over two grams per tonne.

June 6, 2024

Most energy and mining projects 20% over budget — study

About $1.5bn invested in energy transition-related projects are at risk through 2030, research from Bain & Company shows.

June 5, 2024

Underground strike ends at Sibanye’s Kroondal operation

The protest started on Monday when more than 200 employees and contractors staged a sit-in.

June 5, 2024

Mali gold mining revenue fell by 26% in 2023

The decrease in revenue was mainly due to lower taxes, ministry data showed.

June 5, 2024

Palladium not written off the road yet, miners say

Palladium’s shortfall may ease to about 200,000 oz. in 2025 before swinging into a surplus the following year and to as much as 700,000 oz. by 2028, the World Platinum…

June 5, 2024

Rusal in talks to mine bauxite in Sierra Leone

Rusal already has operations in neighboring Guinea.

June 5, 2024

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.