March 25, 2024

Cocoa is more expensive than copper as it tops $9,000

Futures are up about 50% this month alone and have more than doubled already this year.

March 25, 2024

Gemfields loses sparkle as profit falls 86% on cancelled auction

The decline was partly due to unrealized fair value losses of $28 million from the company's stake in Sedibelo Resources.

March 22, 2024

Graphic: Congo overtakes Peru on copper output, still behind on exports

The DRC overtook Peru as the world's second largest copper producer in 2023.

March 22, 2024

Newmont’s Akyem gold mine in Ghana draws Chinese interest

Shandong Gold and Zijin Mining are among companies showing early interest.

March 22, 2024

Lifezone shares rise on $50 million funding, licence for Tanzania refinery

The investment is led by Harry Lundin and Rick Rule.

March 22, 2024

UAE conglomerate seeks to gatecrash China’s JCHX Zambian copper deal

Abu Dhabi's most valuable company is now interested in acquiring Zambia's Lubambe copper mine.

March 22, 2024

India’s NMDC looking at lithium assets in Africa and Australia

In June last year, NMDC's unit Legacy Iron Ore signed a lithium exploration pact with Australia's Hancock Prospecting.

March 22, 2024

Gemfields warns of $2.8 million loss on write-down

Weak PGMs prices forced Gemfields to cut the value of its Sedibelo investment, which will result in a write-down ranging between $4 million and $28 million.

March 21, 2024

Lucapa finds Lulo mine’s fifth-largest diamond

The 203-carat, type IIa diamond is also the third 100-carat-plus stone found at the Angolan mine this year.

March 21, 2024

Centamin annual profit boosted by soaring gold prices

Centamin said it had “re-positioned” its Sukari gold mine in Egypt to achieve a consistent annual production of 500,000 ounces.