October 28, 2022

RANKED: The world’s top 10 most valuable base and precious metal mines

Ranking is topped by a polymetallic mine in Russia’s arctic boasting ore with a value of nearly $900 billion at today’s prices.

October 28, 2022

Gold Fields, Yamana heads defend takeover deal as top investor balks

Gold Fields CEO Chris Griffith says he “remains confident" and hopes to get the majority of investors on board by the time shareholders vote on the transaction.

October 28, 2022

Top investor opposes Gold Fields’ takeover of Yamana

Joe Foster, who manages gold funds at investment firm VanEck, said the merger would create a more complex company with not much synergy.

October 28, 2022

Tharisa issues $50m bond for Zimbabwe platinum mine build

The bond, which is not rated, is the first issued on Zimbabwe's Victoria Falls Stock Exchange.

October 27, 2022

Deal with Chinese supplier key for Transnet to haul more coal

Transnet has come under fire from exporters of bulk commodities because it can’t supply them with adequate rail capacity at a time when demand is booming.

October 27, 2022

Ivanhoe awarded new exploration rights next to Platreef project on South Africa’s Bushveld Complex

The new exploration rights form a continuous block on the southwest border of Ivanhoe's existing Platreef mining rights at Turfspruit and Macalacaskop.

October 27, 2022

Higher-grade ore boosts De Beers diamond output

Production of rough diamonds climbed 4% to 9.6 million carats in the third quarter of the year, compared to the same period of 2021.

October 26, 2022

Barrick CEO says Zambia’s Lumwana mine life could be extended to 2060

Speaking at a media briefing, Mark Bristow said since 2019 Lumwana’s fortunes had been turned around, making it one of Zambia’s largest copper producers.

October 25, 2022

Europe crisis spurs Botswana $2.5 billion coal-to-liquid revival

Botswana is seeking to secure funding partners for a $2.5 billion plant to produce synthetic fuels from coal.

October 25, 2022

Aya Gold & Silver secures $100 million financing for Zgounder mine expansion, shares rise

The proposed expansion would expand the mill's nameplate capacity to 2,700 t/d from 700 t/d, thus quadrupling Zgounder's silver production.