January 21, 2021

‘The bucket is leaking’: Zambia opposition leader denounces debt-funded Mopani deal

Zambia's main opposition party leader Hakainde Hichilema says the government's deal with Glencore is "filling the economy with more debt, expensive debt."

January 21, 2021

Vale hires banks to sell coal assets in Mozambique

Vale's coal division posted a loss of $213 million in its most recent quarterly result.

January 21, 2021

Sibanye-Stillwater exceeds PGM, gold production guidance

The South African miner saw a positive recovery in the second half of 2020.

January 21, 2021

Gold Fields picks former Amplats boss Griffith as CEO

Griffith will take the helm in April after current CEO Nick Holland retires.

January 20, 2021

Zambia expects to find new Mopani investor by year-end

Country's mining investment arm ZCCM-IH agreed to buy Glencore's majority stake in Mopani, taking on $1.5 billion in debt.

January 20, 2021

IAMGOLD produces 653,000 gold ounces, meets guidance

Company expects an attributable gold production between 630,000 and 700,000 ounces in 2021.

January 19, 2021

De Beers raises diamond prices most in years

Company implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown.

January 19, 2021

Kabanga, Tanzania to develop world’s largest nickel deposit

The UK-based miner and Tanzania will jointly develop a project formerly owned by Barrick and Glencore.

January 19, 2021

Gates, Bezos-backed fund offers $1bn to clean energy start-ups

To be eligible, projects must have potential to cut global emissions by at least 500 million tonnes a year.

January 19, 2021

Glencore seals Zambia copper sale

State mining investment arm ZCCM-IH will pay $1.5 billion, but Glencore will get just $1 upfront.