April 7, 2021

Solar power to reduce emissions, costs at Trevali’s Rosh Pinah mine

A new power purchase agreement is expected to reduce energy costs at Rosh Pinah by 18%.

April 6, 2021

Steinmetz says probe against Vale “alive, well and kicking”

The billionaire claims Vale is misleading investors by claiming local prosecutors had closed an investigation into alleged illegal practices related to Simandou.

April 5, 2021

Thor acquires Barrick’s majority interest in Central Houndé project

The Central Houndé project consists of three early-stage exploration permits.

April 5, 2021

Vale says Steinmetz-triggered probe in Brazil over Simandou closed

Federal prosecutors have closed an investigation into Vale executives based on documents supplied by Steinmetz.

April 2, 2021

Saudi Arabia of cobalt: Congo eyes battery metal price power

The new state cobalt buyer wants to have a monopoly on all hand-dug cobalt in the central African country.

April 1, 2021

Petra finds 39-carat blue diamond at Cullinan mine

The Type IIb gem is said to be of “exceptional quality” due to both its colour and clarity.

April 1, 2021

South32 to pay clean-up costs to close South African coal unit sale

South32 Ltd will provide up to $250 million in funds to smooth the sale of its South African energy coal business to mining group Seriti Resources.

April 1, 2021

DeepGreen hits backs at firms opposing seafloor mining

Supporting a deep-sea mining moratorium is backing the environmental and social ills that come from land extraction, the company says.

March 31, 2021

South Africa union seeks 15% wage hike from gold miners and Eskom

Gold producers have in the past argued that above-inflation wage hikes cannot be sustained unless prices also rise.

March 31, 2021

Fund bets $7.4bn on sustaining platinum price rally

After being in the doldrums for a decade, South Africa’s platinum miners are increasing payouts as they reap windfall profits from near-record prices.