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.

April 8, 2024

Mali expects 14% drop in industrial gold production

The country's industrial gold production stood at 66.5 metric tons last year, nearly unchanged from the 66.2 tons recorded in 2022.

April 8, 2024

Rio Tinto promotes copper boss Bold Baatar to commercial chief

Baatar's role in the expansion of Oyu Tolgoi and the $6.2bn Simandou iron ore project highlights his suitability for the post.

April 5, 2024

Big 5 diversified mining companies are having a rough 2024

World’s 50 biggest miners had a combined market capitalization of just under $1.4 trillion, with losses at the very top offsetting a banner quarter for gold and copper stocks.

April 5, 2024

Copper price snaps four-day run of gains while supply risks loom large

Concerns about Federal Reserve policy returned to the fore Friday after US jobs data for March surged past estimates.

April 5, 2024

Zambia’s copper output may rise to 1mt by 2026 as mines expand

Output from Africa's second-largest producer slumped to 698,000 tons in 2023 from 763,000 tons the previous year.

April 5, 2024

Zimbabwe launches “gold-backed” currency to replace dollar

The new currency, ZiG, will be supported by a combination of foreign currencies, gold and other precious metals.

April 4, 2024

Shanta Gold shareholders approve Saturn Resources takeover

Shanta said in December it had agreed to a £141.95 million ($180.7 million) takeover bid by Tanzania-based Saturn.