March 5, 2024

Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsen

CEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer.

March 4, 2024

Barrick cuts cyanide by 80% by adding glycine leach for gold recovery

In 2023, Barrick rolled out a global testing and implementation program with the goal of using GlyCat to unlock substantive savings.

March 4, 2024

First Quantum touts interest in its Zambia copper operations

The company has been under pressure to strengthen its balance sheet and raise cash after its flagship copper mine in Panama was shuttered.

March 1, 2024

Debswana diamond sales down 25.1% in 2023 on weak demand

Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022.

March 1, 2024

Northam CEO says South African platinum miners facing worst crisis in decades

Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion.

February 29, 2024

Impala Platinum considers mine closures after profit slump

Decisions to mothball loss-making operations could be made within the next six months.

February 28, 2024

Diamond producers warn of pitfalls in G7’s Russia gem ban

Russia is the biggest global supplier of uncut diamonds by volume.

February 28, 2024

Harmony Gold to pay record interim dividend, extend life of Mponeng mine

The miner will extend Mponeng’s life from seven to 20 years.

February 28, 2024

Positive under-the-radar trends for mining in Africa in 2024

The continent hosts more than half the planet’s platinum group metal, manganese and cobalt reserves – vital for certain battery storage technologies.

February 27, 2024

Canada Rare Earth sets up supply operations in the DRC

The initial startup supply will be sourced from local artisanal mining cooperatives, promoting responsible sourcing, the company said.