July 22, 2019

Guinea seeks developers for Simandou iron ore deposit

Companies until Aug. 2 to outline their bids, as the country seeks to revive interest in the world's largest undeveloped iron ore deposit.

July 22, 2019

Weak demand takes shine off Petra Diamonds revenue

It expects to produce about 3.8 million carats in 2020, compared to the 3.9 million carats it generated for the year ended June 30.

July 22, 2019

Russian and Zimbabwe state-owned diamond miners form JV

Starting in the fall of 2019, the JV will focus on geological exploration of greenfield deposits.

July 22, 2019

Canadian uranium miner signs final deal with Niger

A new company will be created to operate GoviEx’s flagship Madaouela uranium project.

July 19, 2019

Barrick eyes the future in Côte D’Ivoire

The Tongon mine is now in its 10th year of operations, and on current reserves, has under three years of life.

July 19, 2019

Eurasian Resources is said to weigh sale of Congo mining assets

Bidders could value the company’s assets at $3-4 billion while the seller may be seeking $7-8 billion.

July 19, 2019

Barrick strikes deal with Acacia after sweetening offer, takeover imminent

The world's No.2 gold miner has reached an agreement to buy the stake in the African miner it does not already own.

July 18, 2019

Fortescue eyes Liberia opportunities but says no deals signed

Andrew Forrest, the billionaire founder of the world’s No. 4 iron ore exporter, attended meetings with President George Weah.

July 18, 2019

Platinum giants eye Sibanye’s gold deal as wage yardstick

Sibanye’s agreement is viewed as a good proxy for what’s possible in the platinum industry.

July 18, 2019

Barrick’s gold output for the year to hit upper end of forecast

Thanks mainly to strong performance from Loulo-Gounkoto in Mali and Veladero in Argentina.