April 11, 2024

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors. 

April 10, 2024

NextSource stock jumps on lease agreement to build graphite plant in Mauritius

NextSource has pre-ordered process equipment with a production capacity of 3,600 tonnes per year of spheronized and purified graphite.

April 10, 2024

Zimplats to cap job cuts at 1% of workforce, CEO says

Zimbabwe's biggest platinum producer announced in March it was offering voluntary job cuts.

April 10, 2024

Asante Gold to bid for Newmont’s Akyem mine

Asante’s plan follows calls from Ghana’s government for local ownership of Akyem.

April 10, 2024

Sibanye may seek $500m via metals prepayment deals to boost cash

The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.

April 10, 2024

Amplats says it has received no credible offers for South African assets

Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table".

April 10, 2024

Silvercorp sells stake in Orecorp to Perseus Mining

Silvercorp is selling its 15.6% stake in OreCorp to Perseus Mining, which is poised to take control of the Africa-focused explorer by the end of next week.

April 9, 2024

Guinea’s Simandou iron ore project secures $15 billion financing

The project is expected to add around 5% to the global seaborne supply when it comes online.

April 9, 2024

Altona Rare Earths strikes copper deal in Botswana

The Africa-focused explorer and developer can acquire up to 85% of Ignate African Mining's Sesana copper-silver project.

April 8, 2024

Fortescue partners with OCP Group for green energy development in Morocco

The equal partnership with the Moroccan fertilizer producer includes the development of manufacturing facilities and an R&D hub.