February 18, 2020

Zimbabwe threatens to withdraw mining licences over unpaid fees

Those who owe money are being given until April 30 to pay up, failing which the mining title will be lost.

February 18, 2020

Billionaire Sawiris hopes to join Egypt gold rush as rules eased

Country to announce its first exploration tender in about three years by March.

February 18, 2020

South Africa’s Kumba Iron annual earnings rise on higher ore rates

The company said it expects to produce between 41.5 million tonnes and 42.5 million tonnes of iron ore in 2020.

February 18, 2020

More heads to roll at Glencore this year

The news comes as the Swiss miner and commodities trader reported its first annual net loss since 2015.

February 17, 2020

Coronavirus stalled First Quantum’s Zambian stake sale talks

The virus outbreak is preventing face-to-face meetings with potential Chinese buyers.

February 17, 2020

Egypt eyes gold rush with fresh exploration tender by March

The industry is anticipating the swift awarding of exploration licenses under the new regulations.

February 17, 2020

Amplats CEO to step down, earnings soar

Higher metal prices had driven annual headline earnings per share nearly 2.5 times higher.

February 14, 2020

Glencore held stocks of 12,797 tonnes of cobalt at end of 2019

"These stocks have been hanging over the market and held down prices," a cobalt trader said.

February 14, 2020

Senegal approves Barrick’s Massawa sale to Teranga

The Senegalese government will hold the remaining 10% interest in the project.

February 14, 2020

Botswana seeks new De Beers diamond sales deal by end of April

Country wants to see more gems cut and polished home, creating jobs and boosting the state coffers.