January 13, 2021

Petra Diamonds’ investors back restructuring

Majority approved plan includes reducing authorized share capital of the company by cutting the nominal value of all ordinary shares from 10p to 0.001p.

January 13, 2021

Eurasian Resources subscribes to Prince Charles’ sustainable planet initiative

The Luxembourg-based miner said it wants to explore synergies to help achieve the objectives outlined by Prince Charles in the Terra Carta.

January 12, 2021

First Cobalt signs supply deal with Glencore, eyes China Moly contract

Company will source cobalt hydroxide at prevailing market prices from Glencore's Kamoto Copper operation for five years starting in 2022.

January 12, 2021

Teranga exceeds guidance, achieves record production

The miner produced 404,460 oz gold in 2020, a year-over-year increase of 40%.

January 12, 2021

Gold investors target ‘excessive’ executive payouts amid deals

Investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings.

January 12, 2021

Steinmetz pressed on Guinea deals on second day of bribery trial

The Israeli billionaire and two others are accused of paying at least $8.5 million in exchange for rights to exploit Simandou.

January 11, 2021

Alphamin achieves record quarterly tin production

The company produced 2,898 tonnes of tin during Q4 2020, 13% more than the previous quarter.

January 11, 2021

Zimbabwe gold deliveries tumble nearly a third in 2020

Gold sales to country's sole buyer and exporter of bullion Fidelity Printers and Refiners fell 31% to 19 tonnes last year.

January 11, 2021

Beny Steinmetz lawyer attacks prosecutor over ‘secret’ Israel trips

Lawyer went on the offensive in the first day of the Israeli businessman’s trial for bribery.

January 11, 2021

Appian closes $775m fund as institutions line up for mining investment

London-based Appian Capital Advisory closes oversubscribed $775 million mining investment fund with 40% already committed.