August 16, 2019 China’s Huayou pulls out of Congo cobalt mine investment after price slump Prices of cobalt, a key ingredient in batteries for electric vehicles, have fallen by around two-thirds from their April 2018 peak.
August 16, 2019 Avesoro regains control of Burkina Faso gold mine after security breach The company had halted operations last week as a precautionary measure after armed artisanal miners attempted to steal ore from the Youga mine’s stockpile.
August 16, 2019 Acacia Mining resumes gold exports from North Mara; processing remains halted While the ban on North Mara’s tailings facility remains, the company can now sell stockpiled gold from the mine.
August 15, 2019 Implats expects annual profit helped by metals prices Gross profit is expected to rise to 6.8 billion rand from a restated figure of 1.1 billion rand a year earlier.
August 15, 2019 Africa’s biggest fund manager sees gold boom in West Africa Investor-friendly policies can help Ghana and other countries in the region drive the next “gold-mining boom.”
August 14, 2019 Vedanta fails to stop KCM liquidation in meeting with Zambia’s president While the president agreed to listen to Vedanta Chairman Anil Argawal's position it did not change his mind.
August 14, 2019 De Beers to let buyers reject up to 50% of small diamonds The Anglo American unit has gone unusually far this year in offering flexibility to its customers — allowing them to defer agreed purchases and lower the number of diamonds they…
August 13, 2019 Mining billionaire Steinmetz faces trial in Geneva over alleged bribery in Guinea Swiss prosecutors allege Steinmetz paid $10 million in 2005-2010 to obtain mining rights over the vast Simandou iron ore project.
August 13, 2019 AMCU union disappointed by Lonmin wage offer The AMCU demanded a monthly basic wage of 17,000 rand ($1,145), a raise of about 48%.
August 12, 2019 Barrick posts profit jump, flags significant work ahead on Acacia The gold giant also said it planned to begin the sale process for its 50% stake in the Kalgoorlie operation in Western Australia in the third quarter.
Another arrest made in ‘largest gold heist in Canadian history’ In April 2023 about 880 pounds of gold was offloaded from a flight at Toronto’s Pearson International Airport after arriving from Zurich, along with C$2.5 million in cash. January 12, 2026 | 04:55 pm
