February 15, 2023

Barrick CEO says inflation not over as costs weigh on results

Amid such a backdrop, Bristow is keen to highlight that Barrick will invest more on its operations in the coming year.

February 15, 2023

Gold Fields expects profit boost from Yamana deal break fee

Gold Fields said it expects headline earnings per share of $1.16-$1.22 for the year.

February 15, 2023

Amplats’ first female CEO leaves to join Newmont as COO

Natascha Viljoen, a metallurgical engineer, will remain as Amplats boss until completion of her 12-month notice period.

February 14, 2023

Gemfields evacuates exploration camp in Mozambique after attack

The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village.

February 13, 2023

Asset managers touting ESG enjoy a turbo-charged coal boom

Thungela Resources CEO is promising to ratchet up production through the end of the next decade at least.

February 13, 2023

Commodities risk lurking in ESG funds now too big to ignore

Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.

February 13, 2023

De Beers diamond deal threatened as Botswana says it’s ready to walk away

Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues.

February 10, 2023

Mining loans seen passing $1 billion at biggest Congo bank

Rawbank forecast its lending to DRC’s mining industry will jump more than 20% to over $1 billion this year.

February 9, 2023

Botswana warns of dangers in dash for African minerals

Botswana is reviewing its mines and minerals legislation to "tighten up" laws on mine rehabilitation.

February 9, 2023

CHART: Copper exploration budgets jump, but major discoveries elusive

The increase in global copper resources is mostly from 1990s discoveries and the last decade of exploration has been particularly unrewarding, says new report.