August 9, 2019

Lucara results highlight difficult market

The miner produced 42% more diamonds than expected and sold 33% more than anticipated for 4% less revenue.

August 9, 2019

Zambia asks Glencore unit to rescind mine shaft closures

Glencore subsidiary Mopani announced the shaft closures on Thursday in a move that an opposition leader said had led to 1,400 job losses.

August 9, 2019

China Molybdenum seeks opportunities to beef up battery metals business

Cobalt, copper, nickel and lithium are expected to see increasing demand from the EV trade in the years ahead.

August 8, 2019

Barrick said to weigh sale of Tongon mine amid asset disposals

Barrick is separately working with advisers at Scotiabank to find a buyer for its Massawa gold project in Senegal.

August 8, 2019

Glencore Zambian unit closes two mine shafts; opposition sees 1,400 job cuts

Glencore's Mopani Copper Mines in Zambia has closed two shafts at its Nkana mine.

August 8, 2019

Danakali secures financing for power plant at vast potash project in Eritrea

The Colluli potash mine has been deemed “a game changer” for Eritrea’s economy.

August 8, 2019

Glencore and the perils of riding the electric vehicle tiger

The battery metal that was supposed to power Glencore's earnings has rapidly turned into a liability.

August 8, 2019

Sibanye-Stillwater flags improved operating performance

Consistent performance from platinum group metal operations helped to offset disruption at the group's gold mines.

August 8, 2019

AngloGold says strong metal prices not helping planned assets sale

The gold producer is selling mines in Argentina, Mali and South Africa to ensure greater management focus and higher returns.

August 7, 2019

Lithium and cobalt prices to remain under pressure as supply overtakes demand – report

But Fitch analysts remain positive on both lithium and cobalt and expect prices to recover, as EV demand for both metals catches up to supply.