December 12, 2023

Anglo American’s falling shares fuel takeover rumours

Analysts say Anglo's current low valuation and diversified portfolio makes it an attractive target for potential buyers.

December 11, 2023

Lucapa fetches $17 million for four diamonds recovered from Lulo mine in Angola

The tender was conducted by Sodiam E.P in Luanda, and the Lulo parcel of 609 carats consisted of 4 Type IIa diamonds weighing 41 carats, 123 carats, 208 carats and…

December 11, 2023

The world’s copper supply is suddenly looking scarce

A forecast surplus of copper going into 2024 has suddenly all but disappeared.

December 11, 2023

MetalsGrove shares jump on Zimbabwe lithium assets acquisition

The claims, which MetalsGrove will acquire for $60,000, are close to Huayou Cobalt's Arcadia lithium mine.

December 8, 2023

S. Africa mine sit-in by protesting workers enters third day

The sit-in at Wesizwe Platinum’s Bakubung operation northeast of Johannesburg involves about 280 employees.

December 8, 2023

Anglo American shares plunge after production cuts

Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.

December 8, 2023

Petra Diamonds says the worst is likely over

Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.

December 7, 2023

Lifezone Metals updates mineral resource for Kabanga nickel project

The project in Tanzania is believed to be one of the world's largest and highest grade undeveloped nickel sulphide deposits.

December 7, 2023

Anglo American preps sweeping cost cuts as price rout bites

A rapid and precipitous plunge in palladium and rhodium has already forced other South African producers to cut jobs.

December 7, 2023

Ivanhoe Mines quadruples exploration budget for 2024

The primary focus of exploration activities will be on the Western Foreland project in the DRC.