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.

February 22, 2024

Posco to import African battery graphite to cut China reliance

The move comes after China tightened export rules for graphite used for EVs in December.

February 22, 2024

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a 94% plunge in annual profit.

February 21, 2024

Lucara Diamond unearths over 530-carats at Karowe mine in Botswana

Recoveries include a 320-carat gem-quality, an 111-carat Type IIa white stone and two +50-carat stones.

February 21, 2024

Rio Tinto board gives go-ahead on Simandou iron ore project

"The board yesterday approved the largest mining project in the world," CEO Stausholm told the Financial Times.

February 21, 2024

In election year, South African mines bleed cash, jobs

The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits.