December 10, 2024

Barrick said to seek buyer for Ivory Coast mine as bullion soars

Barrick plans to stop production at the 24-year-old Tongon open-pit mine by 2027.

December 10, 2024

Fortuna boosts mineral resource at Séguéla gold mine in Côte d’Ivoire

Exploration programs grew inferred resources to 677,000 gold ounces, including the contribution of four new mineral deposits, CEO says.

December 10, 2024

Barrick chair says he ‘never’ planned to use Hannam for Randgold merger

Dealmaker is suing Randgold for up to $18 million over Barrick merger work.

December 10, 2024

Guinea plans sovereign wealth fund backed by iron ore income

The African nation's Simandou mine is expected to start production by the first quarter of 2026.

December 10, 2024

Collapsed wall kills five Kenyan gold miners, local official says

The incident occurred at the Hillo artisanal mine.

December 10, 2024

Lithium supply surplus set to stay with battery makers’ help

Global lithium surpluses expected to persist through 2027.

December 10, 2024

South32 pulls Mozambique smelter forecast amid unrest

Transport of raw materials to Mozal Aluminum is currently being blocked by Presidential election-related civil unrest.

December 9, 2024

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

December 9, 2024

Namib Minerals set for Nasdaq debut following $500m SPAC deal

The proposed business combination, which implies a pro forma combined enterprise value of $609 million, represents the largest African de-SPAC deal to date.

December 9, 2024

GoviEx initiates arbitration against Niger in uranium permit dispute

With the recent recovery in uranium prices, the Madaouéla project was poised for development, with first production targeted for 2025.