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.

March 31, 2021

Anglogold plays down merger prospects amid deal talk

Sibanye-Stillwater CEO Neal Froneman this month floated the idea of a merger with peers AngloGold and Gold Fields.

March 31, 2021

Endeavour completes $200m investment by La Mancha

La Mancha holds an interest of about 19% in Endeavour Mining.

March 31, 2021

Congo launches state-owned cobalt miner

Entreprise Générale du Cobalt will sell cobalt hydroxide from artisanal miners under a five-year contract with trading house Trafigura.

March 30, 2021

Chinese consortium signs MOU on Algeria iron project

The project will be carried out at Gara Djebilet iron mine, in the southern province of Tindouf.

March 30, 2021

S.Africa’s No. 1 investor backs local interest in gold M&As

Africa’s biggest fund manager and a key investor in South African gold companies said any consolidation in the sector must benefit the country as well as shareholders.

March 30, 2021

B2Gold denied exploration permit renewal in Mali

The Canadian miner believes Menankoto is legally entitled to a permit renewal and is engaged in ongoing discussions with the government to clarify the situation.

March 30, 2021

Ivanhoe to accelerate Phase 3 expansion at Kamoa-Kakula copper mine

Fast-tracking hydropower upgrades in the DRC is also a high-priority opportunity to ensure clean and renewable electricity for all subsequent expansions.

March 30, 2021

Petra Diamonds delays release of probe into human rights

The diamond miner said it had obtained further information relating to the allegations, which will help with the preparation of its report.

March 29, 2021

Sumitomo says Ambatovy nickel project in Madagascar resumed March 23

Project had been shut since March last year due to the covid-19 pandemic.