November 18, 2022

Mali forms new state-owned miner

The company, Société de Recherche et d'Exploitation Minière du Mali (Sorem SA), will be fully funded by the state.

November 18, 2022

Massive emerald cluster sets new record at Gemfields auction

The Kafubu Cluster, found at the Kagem mine in Zambia in 2020, became the most expensive single emerald item ever sold by Gemfields.

November 17, 2022

South Africa’s PIC won’t sell stake key to platinum takeover battle

South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum Ltd.

November 17, 2022

Lucara extends sales deal with HB by 10 years

It allows Lucara sell its +10.8 carat diamond production from Karowe mine, which account for 60% to 70% of its revenue.

November 16, 2022

South Africa’s competition tribunal approves Impala-RB Platinum merger

The tribunal said the conditions include Impala honouring its current contracts and securing commercial terms for the renewal of contracts.

November 15, 2022

Centamin to up Sukari mining rate by 31% with underground expansion

Independent study proves Sukari’s capacity has the potential to reach 1.5 million tonnes per annum.

November 15, 2022

Uranium mining in Egypt is expanding despite water contamination, satellite images show

Uranium levels near the Allouga mine are as much as six times higher than the concentration normally found in nature, study shows.

November 14, 2022

Ghana president sacks junior finance minister over alleged impropriety

A recent expose alleged that the minister had taken bribes from artisanal mine investors in the West African country.

November 14, 2022

Rail halt is further drag on sliding South African coal exports

Coal exports were forecast to drop to 50 million tons in 2022 from 58 million in 2021.

November 14, 2022

Shanta Gold shares drop as Shandong, Chaarat end takeover talks

It said Shandong Gold, Chaarat Gold and previously Yintai Gold's offers did not reflect the value of the company.