May 12, 2021

Gertler mining deals could cost Congo $1.76bn in royalties

The US Treasury sanctioned Gertler, accusing him of leveraging his friendship with former president Kabila to secure lucrative mining deals.

May 12, 2021

Petra Diamonds reaches $6m settlement on human rights abuse claims

The miner had been accused of being responsible for widespread human rights violations at the Williamson mine in Tanzania.

May 12, 2021

Ivanhoe Mines makes it to the MSCI Canada Index

The index measures the performance of the large and mid-cap segments of Canada's market.

May 11, 2021

Zambia reinstates GoviEx’s Chirundu licence

The licence was cancelled in July 2020 and its reinstatement is subject to the completion of exploration and development milestones.

May 11, 2021

Mystery of sanctioned tycoon’s assets in Zimbabwe revival plan

In December, the government announced a multibillion-dollar project that would hold some of the nation’s most valuable gold, platinum, chrome and nickel mines.

May 11, 2021

Gerald Group resolves iron ore dispute with Sierra Leone

US commodity trader will pay $20 million and cede a 10% stake in an iron ore project as part of the resolution to a nearly two-year dispute.

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.