January 8, 2025

Gemfields faces 21% tax as Zambia reinstates export duty

Combined with an existing 6% mineral royalty tax, the 15% export duty on emeralds represents a significant tax burden for Gemfields.

January 7, 2025

Are lab-grown diamonds too bling for their own good?

LGD prices are falling because their manufacturing costs also keep dropping, while slow demand is pulling down natural diamond prices.

January 7, 2025

Illegal gold mining forces Ghana to close water treatment plant

Surging gold prices have spurred an illicit rush in Africa’s biggest producer of the metal.

January 7, 2025

Zijin plans lithium production in Congo from 2026

Zijin launched the project through a joint venture with the state-owned DRC company Cominiere in 2022.

January 6, 2025

Syrah Resources secures loan waiver amid Mozambique unrest

The company suspended operations at its flagship graphite mine in December.

January 6, 2025

CMOC sets cobalt production record in 2024

The world's No. 1 cobalt miner produced 114,165 tonnes in 2024, nearly double its 2023 output.

January 6, 2025

Barrick to halt Mali mine amid fresh export restrictions

Barrick is now banned from exporting gold from Loulo-Gounkoto's stock on site, which further disrupts normal operations.

January 4, 2025

Forecast: What will impact gold prices in 2025?

A range of economic and political issues seem likely to keep investors interested in adding gold to their portfolios.

January 3, 2025

Nioko’s buyout offer for Hummingbird to be declared unconditional

Nioko, which holds approximately 41.81% of Hummingbird’s share capital, will submit the revised offer before Jan. 13.

January 2, 2025

Chinese firm to build Guinea’s biggest alumina processing plant

The refinery will have the capacity to produce 1.2 million tons of alumina per year by the end of 2027.