February 12, 2020

Barrick beats forecasts, hikes dividend by 40% as gold prices soar

The miner will pay a dividend of 7 cents a share, up from 5 cents in the previous quarter.

February 11, 2020

Harmony Gold’s rebounding profits give hunt for acquisitions fresh impetus

Harmony previously expressed interest in acquiring AngloGold Ashanti’s Mponeng mine in South Africa

February 10, 2020

Tanzanian group launches legal action in UK against Barrick

Group of seven allege abuses by security forces at Barrick’s North Mara gold mine.

February 10, 2020

AngloGold picks Harmony to buy South African assets

The companies are finalizing terms of the deal for the Mponeng gold mine

February 10, 2020

Barrick sells Kenya project to Shanta Gold for $14.5 million

The deal gives Shanta its first asset outside Tanzania.

February 10, 2020

Violence in Africa’s Sahel region attacks the mining food chain

As security costs have risen, mining companies that explore for mineral deposits have shut down projects in the most dangerous areas.

February 10, 2020

Glencore, Samsung ink five-year cobalt supply deal

The South Korean battery manufacturer will receive up to 21,000 tonnes of cobalt, mostly coming from the Katanga mine in DRC.

February 9, 2020

Endiama searching for partners to make Angola top diamond producer

The African country wants to produce 14 million carats per year by 2022.

February 7, 2020

Ivanhoe Mines employee dies after accident at copper project in Congo

The accident involved a contractor-operated underground utility vehicle at the Kakula Mine

February 7, 2020

Congo’s move to control artisanal cobalt is double-edged

The new monopoly could smooth out periodic air-pockets in the supply chain, but the temptation to use its market power to support prices during periods of low-growth demand may prove…