December 13, 2020

China Moly buys 95% of DRC copper-cobalt mine from Freeport for $550m

The Kisanfu mine holds 6.28 million tonnes of copper and 3.1 million tonnes of cobalt metal.

December 11, 2020

Nordgold raises offer for Cardinal

Company has increased its offer price from A$1.00 to A$1.05 a share, matching an offer from Shandong Gold.

December 11, 2020

Anglo American to divest from thermal coal operations by 2023

Company said production across all minerals will increase by 14% in 2021.

December 11, 2020

Vale asks US court to force Steinmetz to pay $2bn award

Vale is urging a New York-based federal court to force the magnate to reveal all assets to enforce and so obtain the arbitration award.

December 11, 2020

Zambia to buy gold from First Quantum to boost reserves

The nation's central bank will hold gold for the first time since 1995 as foreign-exchange reserves near record lows.

December 10, 2020

Vedanta says it will fight any attempt by Zambia to sell Konkola Copper Mines

Any potential buyer of the KCM assets would be party to an unlawful act, Vedanta said.

December 10, 2020

Lucapa finds another +100ct diamond at Lesotho mine

The D-colour, Type IIa white diamond is the fourth larger than 100 carat recovered from the southern lobe of the Mothae mine.

December 8, 2020

AngloGold Ashanti chair Pityana resigns, Maria Ramos steps up

Ramos is a former chief executive of one of Africa's largest banks, Absa Group.

December 8, 2020

Resolute says strike at Mali mine won’t impact guidance

Five-day strike over covid-19 policy began on Monday.

December 7, 2020

Glencore’s succession isn’t over yet

Glasenberg’s exit hasn’t been the brutal Darwinian process he so often predicted.