June 8, 2022

Montage expands landholding in Côte d’Ivoire with acquisition of Barrick-Endeavour JV project

Its consolidated land position at the Koné gold project will increase to over 2,250 square kms.

June 8, 2022

China ban on foreign coal investment leaves Zimbabwe scrambling

Zimbabwe’s plan to refurbish two idled coal-fired power stations has been thrown into disarray by China’s decision.

June 8, 2022

Uganda says exploration results show it has 31 million tonnes of gold ore

Most of the deposits were discovered in Karamoja, a parched sprawling area in the country's northeastern corner on the border with Kenya.

June 7, 2022

Newmont sells 3,500 oz of gold to Ghana under local purchasing plan

Ghana's central bank is seeking to raise the gold component of its reserves in a bid to strengthen the West African country's local cedi currency.

June 7, 2022

Harmony Gold reports mine fatality

It reported that a worker died on Monday in an engineering-related accident at its Kusasalethu mine.

June 7, 2022

Platinum takeover battle faces South Africa antitrust scrutiny

Northam says takeover of Royal Bafokeng Platinum by Implats would be anti-competitive as it would concentrate significant mineral reserves with one company.

June 7, 2022

Congo auditor says $400m went missing from state mining company

Gecamines holds minority stakes in several of the world's largest copper and cobalt projects.

June 7, 2022

Platinum surplus is ‘fragile’ amid supply risks, council warns

“Supply is fairly constrained and you will not see supply from mines growing in the near or medium-term future,” said the World Platinum Investment Council.

June 7, 2022

Zambia starts search for new investor in Konkola Copper Mines

KCM will appoint an adviser to help it find an equity investor willing to fund the mine's expansion.

June 7, 2022

De Beers rises small diamonds price amid shortage

The world’s top diamond producer by value applied a 5% to 7% price increase at the sale held this week in Botswana.