May 10, 2021

Lucara ‘bounces back’ in Q1 on healthier diamond market

The company reported net income of $3.4 million, compared with a net loss of $3.2 million in the same quarter of last year.

May 10, 2021

AngloGold Ashanti quarterly earnings jump as bullion prices climb

Miner reported headline earnings for the three months ended March 31 of $203 million, up 42% compared with $143 million a year earlier.

May 10, 2021

Gem Diamonds finds 370-carat diamond at Letseng

Since acquiring the mine in 2006, the company has found more than 60 white gem quality diamonds over 100 carats each.

May 9, 2021

Fifteen killed in landslide at Guinea gold mine

The disaster took place in the remote, gold-rich Siguiri province.

May 6, 2021

Anglo American investors approve spin-off of South African thermal coal

Anglo is shifting away from assets that mine the most polluting fossil fuels and is also looking to exit from its Colombian thermal coal mine.

May 6, 2021

Gold Fields kicks off big spending plans

Construction of a solar project is expected to begin in the second quarter of 2021 and will generate over 20% of the mine's average electricity consumption.

May 6, 2021

Sibanye-Stillwater’s first-quarter core profit jumps 78%

High prices for metals extracted by Sibanye, including gold, platinum, palladium and rhodium, have boosted profits.

May 6, 2021

Lucara secures $220 million for Karowe expansion

The backing of five lenders will be used to fund the company’s underground expansion plan for its Karowe mine in Botswana.

May 5, 2021

B2Gold beats guidance with strong Q1 production

The first quarter of 2021 has been a strong one, with gold production 9% over guidance at 220,644 oz.

May 5, 2021

World iron ore output to rise 5.1% by 2025 — report

The growth with be possible as new projects come on-stream, GlobalData says.