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.

October 24, 2022

Responsible copper mining framework extended to nickel, zinc and molybdenum 

The Copper Mark extends its responsible mining assessment already covering a fifth of global copper production, to molybdenum, nickel and zinc with the launch of a pilot program. 

October 24, 2022

UK prosecutors implicate 11 Glencore employees in bribery probe

The commodity trading industry has been dogged by anti-corruption investigations for years, but few individual traders or executives have faced prosecution.

October 24, 2022

Gemfields resumes Mozambique operations after nearby attack

Company halted operations last week after an attack attributed to insurgents was reported near the Montepuez ruby mine.

October 23, 2022

Giant gold mine in South Africa emulates Toyota to boost profit

Gold Fields looked at Toyota’s processes in a bid to turn South Deep into a so-called tier 1 mine.

October 22, 2022

Barrick to expand East African footprint following positive results at North Mara, Bulyanhulu gold mines

Barrick plans to expand its East African footprint using the North Mara and Bulyanhulu gold mines in Tanzania as a foundation for this endeavour.

October 21, 2022

Gold Fields acquisition target Yamana assets valued at $6-$8 billion – CIBC

An independent evaluation by CIBC has put Yamana's mineral assets at between $6 billion and $8 billion, in line with Gold Fields' initial offer price.