April 11, 2019

South African gold output has longest losing streak since 2009

Gold output fell 21 percent from a year earlier compared with a revised 23 percent drop in January.

April 11, 2019

Avesoro Resources sticks to 2019 guidance, despite gold output drop

The Canadian gold producer churned out 45,098 ounces of gold in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.

April 10, 2019

Zimbabwe, Russia sign $4B platinum mine deal

The mine would be built on one of the largest platinum mining concessions in the country.

April 10, 2019

Smart money is piling into oil

Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.

April 10, 2019

Zimbabwe mulls ‘use it or lose it’ approach to mining rights

Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals.

April 10, 2019

Nearly 2,000 Zambian villagers can sue Vedanta in England – Supreme Court

The latest ruling raises the prospect that other companies could face legal action in England related to their activities abroad.

April 9, 2019

Vale says BSG ordered to pay it $1.25B

The joint venture intended to explore for iron assets at the Simandou prospect, but the concession was revoked in 2014 by Guinea's government.

April 9, 2019

Walkabout Resources’ stock rises as it tees-up Asian off-takers for its graphite

The company has entered its second binding offtake agreement in two weeks, contracting to sell 10,000 tonnes of large and jumbo flake graphite concentrate to a private company in China.

April 9, 2019

Don’t bet on platinum miners boosting supply on price surge

Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa.

April 9, 2019

World’s biggest platinum miner braces for tough wage talks

The largest union in the platinum industry wants its members to share the benefits of higher prices.