June 25, 2019

CITIC ok’d to complete C$612m investment in Ivanhoe Mines

The Chinese miner has received the necessary internal approvals for its subsidiary CITIC Metal Africa to complete its second investment in Ivanhoe Mines.

June 25, 2019

Iron ore, gold rush push South Africa’s miners to 11-year high

South African mining stocks haven’t had it this good since 2008.

June 25, 2019

Glencore cuts out agents and deal makers as scrutiny grows

The change comes as the trading house founded by Marc Rich transitions from its swashbuckling roots toward a more conventional mining company.

June 25, 2019

Amplats expects 80% jump in half-year earnings

Amplats is expected to report its half-year results on July 22.

June 25, 2019

Endeavour Mining ups reserves at flagship Houndé mine in Burkina Faso by 41%

A large portion of the Kari Pump maiden estimate for measured and indicated resource was converted to reserves.

June 24, 2019

Global copper mine production to grow 3.5% annually — report

Global copper mine production will see steady growth over the next few years, supported by markets with low operating costs and improving copper prices.

June 24, 2019

Falling cobalt prices add fresh challenges to DRC’s economy

GDP growth in the DRC is expected to fall to 4.3% this year from 5.8% in 2018, due to a slowdown in mining activity triggered mainly by lower cobalt prices.

June 24, 2019

China’s CNMC agrees to work on Madagascar rare earth project

No value was put on the agreement but the Chinese company will also have the right to purchase 3,000 tonnes of rare earth products from the project within three years…

June 24, 2019

Acacia pokes holes in Barrick’s takeover bid, still open to “fair” offer

The African miner said it "strongly disagreed" with Barrick's valuation of the company and that the proposal appears to have ignored the value of its exploration and development assets.

June 23, 2019

Australia’s Ausdrill wins $554.6m contract in Botswana

Ausdrill said its Barminco unit will start providing mining services in December this year at Khoemacau's Zone 5 mine.