February 18, 2021

Billionaire Naguib Sawiris bets on Egypt’s gold

AKH Gold, majority owned by Sawiris, inked on Wednesday four contracts to explore in nine blocks located in the country’s eastern desert.

February 17, 2021

Governments from Mongolia to Mali seek to reopen mining deals

Any move to renegotiate agreements will trigger pushback by miners wary of threats to their profit margins, experts said.

February 17, 2021

First Quantum sees no ‘contagion’ risk in Zambia after Mopani deal – COO

Zambia became Africa's first pandemic-era sovereign default in November.

February 17, 2021

Egypt extends deadline for gold mining bid round

Investors now have until May 15 to bid on blocks that will be awarded to the winning companies by September 15.

February 17, 2021

Rio Tinto to tackle customers’ emissions, hands out biggest dividend ever

The miner is giving $9bn in cash back to shareholders and has laid out plans to tackle its global customers' carbon footprint.

February 16, 2021

Petra Diamonds raises doubt on ability to continue as a going concern

The company said it was relying on the successful completion of its restructuring to continue as a going concern.

February 16, 2021

Ivanplats to fund up to $420m for palladium, platinum mine

The project in Limpopo province is also assessing mining of rhodium, nickel, copper and gold.

February 16, 2021

Is platinum’s explosive rally the start of a bull run?

Metal has broken out of more than a decade of price weakness to reach its highest since 2014.

February 16, 2021

Glasenberg signs off with Glencore dividend, trading bonanza

Firm resumed dividend and flagged possible further payouts on the back of strong commodity prices .

February 15, 2021

English court rules against Sierra Leone in SL Mining jurisdiction case

Formal arbitration proceedings have yet to begin as Sierra Leone had sought to challenge the ICC's jurisdiction.