March 20, 2024

Zimplats to offer voluntary job cuts after platinum price rout

Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted.

March 20, 2024

Perseus gets key OreCorp shareholders on side with sweetened offer

Perseus seeks to beat out Canadian rival Silvercorp Metals in acquiring the Africa-focused gold explorer.

March 20, 2024

Sibanye halts production at Rustenburg shaft after damage

The shaft was forecast to produce an average of 54,000 platinum group metal ounces in 2024.

March 20, 2024

Hummingbird faces fresh headwinds at Guinea gold mine

One of its main contractors has halted activities at the Kouroussa gold mine as a result of contractual disputes.

March 19, 2024

Global Atomic stock plunges as Niger’s junta expels US troops

The military coup in July led the U.S. to suspend government funding for Dasa, but the company raised C$15 million in January.

March 19, 2024

Coal, oil, gas resources should remain in the ground to reach Paris Agreement goals – study

In a paper published in the journal Nature Communications, UB scientists present a global atlas of unburnable oil.

March 19, 2024

AngloGold Ashanti maintains output forecast after flooding at Australia mine

The company says it expects to meet its output target of up to 2.79 million ounces this year despite flooding at the Tropicana mine.

March 19, 2024

Dirty gold can still slip into London market, rights groups say

Refineries vetted by the London Bullion Market Association (LBMA), which sets standards for the world’s gold markets, said to be sourcing ore from “questionable suppliers and mines”.

March 18, 2024

Barrick opens training academy at Buzwagi mine in Tanzania

The Barrick Academy will be training more than 2,000 foremen, supervisors and superintendents from the Africa and Middle East region in the next 24 months.

March 18, 2024

Implats’ Zimbabwe unit plans voluntary job cuts to contain costs

Weak platinum group metal prices are projected to last for the next 12 to 18 months.