August 16, 2022

Russian mercenaries seek gold, sow chaos in CAR

The Central African Republic is defending the use of Russian assistance to take back territory the government says rebels have illegally occupied.

August 16, 2022

Zimbabwe offers target-beating incentive for biggest gold miners

Large producers that exceed their goals will receive 80% of the payment for the additional output in foreign currency.

August 15, 2022

Coal miner Seriti buys Windlab in shift to renewable energy

The deal worth $55 million will give Seriti a 51% stake in the wind and solar power business.

August 15, 2022

Anglo coal spinoff weighs acquisitions after record profit

Thungela Resources is searching for assets to buy after first-half profit surged on record-high fuel prices.

August 15, 2022

Harmony Gold reports mine fatality

The incident took place on Saturday at its Moab Khotsong mine.

August 15, 2022

S.African coal exports to Europe surge, shipments to Asia decline

South Africa's coal sales to Europe rose eight-fold during the first half of 2022 compared with last year.

August 11, 2022

Sibanye Stillwater CEO says market conditions not ideal for gold M&A

Neal Froneman, who has urged gold miners to consolidate, said "the market is just not conducive at this stage to doing value-accretive transactions."

August 11, 2022

Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion

The underground expansion of the Karowe diamond mine in Botswana, will extend its productive life until 2040.

August 9, 2022

Resource and grade growth bodes well for Osino’s prefeasibility on Namibia gold project

The deposit holds another 240,000 oz. gold in the inferred category at 1.05 grams per tonne.

August 8, 2022

Barrick expects deal opportunities in copper, but won’t pay premiums

After strengthening its balance sheet, Barrick said it is “always looking at opportunities” but won’t be paying above-market prices.