August 24, 2022

DRDGold reports 22% profit fall as costs rise

Production totalled 183,902 ounces, little changed from 183,999 ounces a year earlier.

August 24, 2022

Coal stock that’s up 300% gets Morgan Stanley price target boost

Thungela Resources is the best-performing stock in Johannesburg this year.

August 24, 2022

Harmony Gold suspends Tshepong mine project, warns of profit hit

The project was one of several initiatives Harmony was pursuing to maintain annual production above 1.4 million ounces.

August 22, 2022

Trevali halts trading as Burkina Faso managers face trial following fatal mine flooding

The company also expects trading to be halted on the Lima Stock Exchange, OTCQX and the Frankfurt Stock Exchange, and that its common shares may be delisted.

August 19, 2022

Two Trevali managers arrested in Burkina Faso over Perkoa mine flood — reports

Eight workers were trapped in the mine after the deadly flood in April and searches were ongoing—the bodies were all recovered in June.

August 19, 2022

Fortescue inches closer to iron ore exploration in Gabon

A majority-owned joint venture has signed an agreement that will pave the way to study and obtain a licence to explore the Belinga project.

August 18, 2022

Thungela agrees to amend rail contract with Transnet

Transnet declared force majeure and sought to terminate long-term coal transportation agreements in April.

August 17, 2022

Sibanye warns on profit, shares tumble

The company said gold production fell by 77% in the first half following a strike at its South African gold operations.

August 17, 2022

Congo PM to mediate dispute over Tenke copper and cobalt mine

Exports from the mine, which accounted for more than 10% of global cobalt output in 2021, were suspended a month ago.

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.