May 25, 2024

BlackRock encouraged Anglo to extend talks with BHP

Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger.

May 25, 2024

Five killed after informal gold mine collapses in northern Kenya

The bodies of five miners have been recovered from the Hillo artisanal mine, and another three people were unaccounted for.

May 24, 2024

Managem’s revenues fall in Q1 on lower cobalt output

Production at its Bou Azzer mine in the Atlas mountains has been reduced "to preserve resources," amid low prices.

May 23, 2024

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners.

May 23, 2024

Zimbabwe state miner says lithium assets attract investors

Kuvimba has identified a lithium ore resource of 38 million tons at Sandawana, the site of a mothballed emerald mine formerly run by Rio Tinto.

May 23, 2024

South32 CEO Kerr says open to buying joint Anglo American manganese assets

South32 has been one of the most active miners in buying and selling assets.

May 22, 2024

Lawyers representing Congo claim to have new evidence on Apple’s use of conflict minerals

Apple has said in the past that it does not directly buy, procure or source primary minerals, and it has been auditing its suppliers for several years.

May 22, 2024

Fortescue excluded from world’s biggest hydropower plant development

The Grand Inga has long faced headwinds because of Congo’s history of corruption and the expected cost of the multiphase project.

May 22, 2024

Zimbabwe’s central bank gold reserves to back ZiG currency rise

The ZiG, short for Zimbabwe Gold, launched April 5 is backed by 2.5 tons of gold and $100 million in foreign currency reserves.

May 22, 2024

Harmony Gold reports fatality at South Africa mine

At least 54 workers died in mining-related accidents in South Africa last year.