August 24, 2023

Perseus Mining shares rise on increase in African gold reserves

Proven and probable ore reserves are now estimated at 3.4 million ounces, up from a year ago estimate of 3.3 million ounces.

August 24, 2023

Congo wants ERG copper, cobalt assets in bid to regain control

The government and state-owned miner Gecamines say ERG has been too slow to develop the deposits.

August 23, 2023

Rio Tinto inks agreement with Madagascar government on QMM operations

Deal will enhance the benefits for the people of Madagascar and support a sustainable future for the ilmenite mine, Rio says.

August 23, 2023

Billionaire Agarwal pledges to pay Zambia creditors before retaking mine

Vedanta is ready to pay $250 million owed to suppliers in Zambia before the company resumes control of copper mines that were seized.

August 23, 2023

Miners hope to keep ‘gold shining’ in Mali despite ownership law

Some of Mali's top gold producers said a new law to allow the military-led government to increase its ownership of mines should not apply to existing operations.

August 22, 2023

Lucara unearths 692-carat diamond at Karowe mine in Botswana

The diamond represents the fourth +300 carat diamond recovered year to date.

August 18, 2023

Momentum builds for Piedmont Lithium’s ambitious production plans as portfolio expands in Africa

The Australian company aims to become one of the world’s lowest cost producers of lithium hydroxide, and says it is the most strategically located to serve the North American EV…

August 18, 2023

Anglogold Ashanti shareholders approve South Africa exit

The proposed reorganization also includes the relocation of Anglogold's headquarters to London from Johannesburg.

August 18, 2023

Rule that rocked global carbon market softened in Zimbabwe

The country now says it will accept a smaller share of revenue and has begun the process of reinstating scrapped projects.

August 18, 2023

Sibanye braced for profit hit from lower prices, US output

Company expects its half-year profit to fall by as much as 53% due to weaker PGM prices and lower output from its US operations.