January 31, 2025

Trafigura and former executive found guilty of bribing Angolan official

Mike Wainwright was found guilty by a Swiss court of paying bribes to an Angolan official in exchange for oil contracts.

January 31, 2025

Gemfields halts emerald sales over Zambia export tax

Before the 15% export tariff, Gemfields suspended production at Kagem, citing market saturation from discounted emeralds.

January 30, 2025

Endeavour Mining posts 34% output rise in fourth quarter

Higher grades and throughput after the end of the regional wet season helped gold production increase to 363,000 oz.

January 30, 2025

GRAPH: Cobalt price plunge and the EV market

Inflation adjusted cobalt prices are the lowest in 100 years after a deluge of new supply. Stagnating demand from EVs only adds to the bear case. 

January 30, 2025

Asante Gold ramps up production at Bibiani mine in Ghana

The ramp-up activities are being funded by the initial $100 million deposit from Fujairah Holdings.

January 30, 2025

Chinese firms to build $2 billion Tanzanian rail to nickel mine

The new railway will link the port of Dar es Salaam to a nickel mine in neighboring Burundi.

January 30, 2025

Glencore reports lower metals production in 2024

The company produced 951,600 tonnes of copper in 2024, down 6% from 1.01 million tonnes in 2023.

January 30, 2025

Abu Dhabi wealth fund ADQ, Orion team up to invest $1.2bn in metals, mining

Wealth fund will focus on mining companies in emerging markets in Africa, Asia and Latin America.

January 30, 2025

Resolute hit by rising costs, lower output in Mali and Senegal

It expects lower production and higher costs in 2025 as its Mako mine in Senegal depletes and fiscal changes in Mali drive up expenses.

January 29, 2025

De Beers sees India as a bright spot, notes early recovery signs in US

India is the world's largest centre for cutting and polishing diamonds, accounting for nine out of 10 diamonds polished globally.