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.
February 21, 2024 Burkina Faso suspends export permits for small-scale gold production Gold is Burkina Faso's main export, accounting for 37% of total exports in 2020.
February 21, 2024 Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.
February 21, 2024 First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.
February 20, 2024 CHART: China’s Belt and Road mining investment hits record China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.
February 20, 2024 Kumba Iron Ore to cut 490 jobs as rail crisis hits output, shares fall Restructuring to impact 10% of Kumba's workforce.
February 20, 2024 Gecamines plans overhaul of mining JVs in world’s top cobalt supplier The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures
February 20, 2024 First Quantum re-shuffles management at Zambian operation The miner has lost more than half its market value since public protests against the Cobre Panama project started in October.
February 20, 2024 KoBold Metals expands Zambia footprint with Midnight Sun deal KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner.
Congo pitches new $29 billion iron ore and logistics project The first phase of the project would require the construction of heavy rail and transport on the Congo River. January 13, 2026 | 10:11 am
