January 17, 2025

First Quantum cuts guidance on Zambia sequencing

The company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.

January 17, 2025

Zambia looks to UAE and Saudi Arabia to back copper expansion

The African nation aims to increase copper output to a record above 1 million tons this year.

January 17, 2025

Botswana expects 2025 economic growth rebound on better diamond market

Botswana's economy is expected to grow 3% to 4% in 2025 after a contraction last year.

January 16, 2025

Rio Tinto and Glencore discussed potential merger

A $160 billion Rio Tinto-Glencore combination makes sense in a copper-centric world, but we've been here before.

January 16, 2025

Robex Resources extends life of Nampala gold mine in Mali by half year

The Nampala mine now holds 121,000 oz. in gold reserves.

January 16, 2025

Zambia says Saudi’s Manara interested in its copper assets

Manara is reportedly closing in on a deal to buy a minority stake in First Quantum Minerals' assets in Zambia.

January 16, 2025

South Africa mine rescue ends, anger rises over 78 deaths in police siege

Since Monday, rescuers have used a cylindrical metal cage to pull up 78 bodies and 246 survivors.

January 15, 2025

Value of 50 biggest mining companies drops by $126 billion

The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again…

January 15, 2025

Congo jails three Chinese citizens in illegal mining crackdown

The Chinese citizens were sentenced to seven years in prison after they were arrested in possession of gold bars and $400,000 in cash.

January 15, 2025

South Africa accused of ‘horrific’ crackdown as 78 corpses pulled from illegal mine

Civil rights groups said at least 100 people have died from starvation since October when the authorities sealed off the mine in Stilfontein.