February 10, 2021

Gemcorp, Endiama to develop Mulepe diamond project in Angola

Gemcorp will own 75% of the business and Endiama 25% and alongside with funding a pilot project, the London-based investment firm will oversee operations.

February 9, 2021

AngloGold Ashanti forecasts earnings to almost triple as gold prices surge

The gold miner expects to report headline earnings per share between 229 cents and 247 cents for the year ended Dec. 31, 2020, compared with 91 cents reported a year…

February 9, 2021

State oil firms risk wasting $400 billion as energy transition speeds up

A new report suggests that national oil companies could invest $1.9 trillion over the next ten years, meaning one-fifth of those investments would be unviable unless the oil price stayed…

February 9, 2021

Impala Platinum sees earnings soar over 300%

Company expects half-year headline earnings to increase more than fourfold, buoyed by higher metals prices and a weaker rand.

February 9, 2021

Altus expands footprint in Egypt with four new licenses

Exploration licenses are part of Egypt’s inaugural competitive bid round, which started in 2020.

February 9, 2021

Petra Diamonds probes new claims of human rights abuses in Tanzania

The diamond miner revealed results of an investigation into incidents involving security operations at its Williamson mine between November 2020 and January 2021.

February 9, 2021

Mick Davis’ battery metals firm Vison Blue raises $60m

Vision Blue is investing $29.5 million in Canadian miner NextSource Materials, which is developing a graphite mine in Madagascar.

February 8, 2021

Barrick’s Loulo-Gounkoto beats guidance

Mali mine complex delivered 680,215 ounces of gold in 2020.

February 8, 2021

Elon Musk offers $100 million for best carbon capture innovation

Sum will be awarded for the best technology created for removing carbon dioxide directly from the atmosphere or oceans and store that carbon in a safe, cost-effective way.

February 5, 2021

KoBold Metals grows global exploration footprint

The Gates-Bezos backed firm now has active exploration projects in Zambia, Quebec, Saskatchewan, Ontario, and Western Australia