November 24, 2023

Empress Royalty buys $5 million Galaxy mine gold stream

The Galaxy and Princeton deposits underpin Golconda's flagship project, presenting distinct mining prospects in South Africa.

November 24, 2023

Nornickel to pay $18m to drop its stake in nickel JV in South Africa

Nickel prices in London are heading for a 46% fall this year, the largest slump since the financial crisis in 2008.

November 24, 2023

Anglo consults South Africa on potential platinum, iron job cuts

Miner is considering cutting jobs at two units in South Africa because of declining platinum-group metal prices.

November 24, 2023

South Africa’s climate pact to channel money to coal belt

Investment plan for a $8.8 billion pledged in climate finance will see part of the money spent in Mpumalanga, the country’s coal-mining and power plant hub.

November 23, 2023

Silvercorp Metals sweetens offer for OreCorp

The improved bid values OreCorp at $170m and follows rumors of influential shareholders being unhappy with the original offer.

November 22, 2023

Giant lithium deposit in DRC sparks boardroom battle

The Manono project in the Democratic Republic of Congo has the potential to be one of the world’s largest sources of the battery metal.

November 22, 2023

Mali signs agreement with Russia to build gold refinery

The accord involves building a 200-tonnes-per-year refinery.

November 21, 2023

Sibanye shares plunge on convertible bond sale

The stock sank as much as 25% in Johannesburg, wiping out about 15.2 billion rand ($824 million) of its market value.

November 21, 2023

Uranium price over $80 for the first time in 15 years

According to Sprott, there is some additional room for prices to move in the short term.

November 21, 2023

URA raises $1.25m to restart South African emerald mine

The Gravelotte mine, operational between 1929 and 2002, was one of the world's largest emerald mines in the 1950s and 1960s .