October 16, 2021

Glencore opens talks with Chad over debt restructuring

Glencore and a consortium of banks have started talks with Chad over the restructuring of the country's more than $1 billion commercial debt.

October 14, 2021

CHARTS: Chinese investment in overseas copper projects just beginning

After a $16bn spending spree, Chinese owned copper mines overseas now produce some 1.2 million tonnes annually – that’s not nearly enough.

October 14, 2021

De Beers to extend life of Namibia mines to 2042

Namdeb, a joint venture between the Namibian government and the diamond giant, has extended its land-based mines’ life by 20 years.

October 14, 2021

Barrick’s gold output rises nearly 5% sequentially on Argentine mine boost

In the three months ended Sept. 30, total preliminary gold production rose to 1.09 million ounces, from 1.04 million ounces in the previous quarter

October 13, 2021

Big miners reconsider Congo, Zambia risks as copper price surges

Major mining companies are looking to invest in countries they previously considered too risky.

October 13, 2021

In Congo, Barrick sees gold reserves extending Kibali mine to 2040

The mine in the country's northeast is on track to produce gold at the top end of forecasts for the year.

October 12, 2021

Barrick installs first PhotonAssay lab at Bulyanhulu gold mine

The Bulyanhulu mine is on track to produced between 170,000 and 200,000 oz of gold this year.

October 12, 2021

Freeport Indonesia breaks ground on $3 billion copper smelter

The facility in Indonesia will have capacity of 1.7 million tonnes of copper concentrate and is expected to start operations in late 2023 or early 2024.

October 12, 2021

Ivanhoe’s DRC copper mine to double production ahead of schedule

Kamoa-Kakula Phase 2’s concentrator plant, which will double copper output, to start operations a quarter earlier.

October 10, 2021

Barrick’s Tanzania ops on track

Barrick, in partnership with MSALABS, has installed Africa's first Chrysos PhotonAssay laboratory at the Bulyanhulu mine, Tanzania.