February 24, 2023

Transnet snubs Kumba’s overture to run lucrative South African iron ore rail line

Kumba Iron Ore wants to lease the line from Transnet or run it on a concession basis.

February 24, 2023

Uganda gold export earnings fall 80% yr/yr in 2022

Uganda shipped gold worth $201 million over the 12 months of 2022.

February 24, 2023

AngloGold says 2023 production to be hit by Brazil plant halt

AngloGold has stopped adding mine waste to its Calcinados tailings dam in Cuiaba to bring it in line with with global safety standards.

February 23, 2023

Gold Fields not pursuing big M&A deals after Yamana disappointment

Gold Fields shares fell 5% on Thursday after it flagged a further delay at its Salares Norte project in Chile.

February 23, 2023

Harmony Gold says profit boosted by better metal grades and prices

Harmony expects to report a 10% jump in production costs.

February 22, 2023

Lucara updates Karowe diamond mine underground expansion

The company invested $106 million in 2022 in underground development.

February 22, 2023

Nigeria bets on new gold project to attract more miners

Nigeria’s only industrial gold mine yielded 98,000 ounces of the precious metal last year.

February 22, 2023

AngloGold Ashanti CEO resists gold M&A temptation

Production likely to fall, miner says.

February 21, 2023

Premium iron ore piles up in South Africa amid rail constraints

State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism.

February 21, 2023

Uganda to set up state mining firm, take equity in licences

Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates.