February 27, 2024

Zambian president calls rail link connecting copper mines to Angolan port ‘once-in-lifetime’ break

The Lobito corridor is central to the Biden administration’s plans to secure access to crucial metals for the energy transition in Zambia and neighboring Democratic Republic of Congo.

February 27, 2024

Anglo spinoff breeds fish to restock rivers after massive toxic spill

A project funded by Thungela has begun repopulating a river system with fish after a catastrophic spill from a coal mine.

February 26, 2024

South African billionaire Wiese returns to his diamond-hunting roots

The 82-year-old serial investor has dived into something that harkens back to the start of his storied career nearly half a century ago.

February 25, 2024

What to expect in 2024 after diamond sector’s price plunge  

Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery.

February 23, 2024

Montage Gold gains on Lundin-backed financing

Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024.

February 23, 2024

AngloGold Ashanti posts 3% drop in 2023 output

Poor ground conditions at Obuasi in Ghana and a carbon-in-leach tank failure at Siguiri, Guinea, had an adverse impact on gold production.

February 23, 2024

Sibanye-Stillwater to cut 2,600 jobs in South Africa

The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. 

February 22, 2024

Harmony Gold flags profit leap on higher output and prices

The miner estimates a gold production increase by as much as 14% year on year.

February 22, 2024

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.

February 22, 2024

Gold Fields eyes rapid ramp-up at new Chile mine, lifts output forecast

Salares Norte is expected to produce 250,000 ounces of gold this year, before ramping up to 580,000 ounces in 2025.