March 3, 2021

Electric car battery cobalt prices are rocketing

Soaring demand in China, ongoing logistics issues along the Congo-South Africa-China route lift prices over 30% in single month, says Benchmark.

March 3, 2021

Co-operation between artisanal miners and companies gains momentum

Artisanal mining is considered the main source of global mercury pollution.

March 3, 2021

African Rainbow Minerals doubles interim dividend payout as half-year profit jumps

The South Africa-listed company declared a dividend of 10 rand per share for the six months ended December, compared with 5 rand per share a year earlier.

March 3, 2021

Namibia moves to curb mining speculators, boost local ownership

Effective April 1, Namibian mining exploration licence holders will be required by law to retain at least a 15% stake.

March 2, 2021

Angola seeks to boost diamond output, negotiating with major players

The world's sixth-largest producer produced 8 million carats in 2020, 23% below the initial plan

March 2, 2021

Former Xstrata boss creates Vision Blue Resources and invests in NextSource Materials

Mick Davis is turning his attention to the battery minerals sector and in December 2020 launched Blue Vision Resources to invest in companies with projects that can be brought into…

March 2, 2021

First claimants paid in South African silicosis settlement

The companies, which reached the settlement agreement in 2018, are Harmony Gold, Gold Fields, African Rainbow Minerals, Sibanye-Stillwater, AngloGold Ashanti and Anglo American.

March 2, 2021

Alrosa reports 49% fall in profit in 2020

Company output fell by 22% to 30 million carats as it suspended mining at less profitable mines amid the pandemic.

March 1, 2021

Battery demand to maintain elevated cobalt prices – report

But increasing advances in cobalt-free and low-cobalt content batteries will pose a large threat to long-term demand and prices, Fitch says.

March 1, 2021

Endeavour pivots to exploration to shake ‘M&A junkie’ image after deal spree

CEO Sebastien de Montessus said his priority now is to show shareholders he is committed to organic growth in six core gold mines across Ivory Coast, Senegal, and Burkina Faso.