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.

December 9, 2024

Sibanye-Stillwater sells Beisa uranium project to Neo Energy

The deal gives Sibanye-Stillwater a 40% stake in Neo Energy, making it the largest shareholder and maintaining its uranium market exposure.

December 6, 2024

Energy Fuels MOU with Madagascar unlocks path for $2bn Toliara project

The Toliara project, with an estimated capital expenditure of $591 million, ranks among the largest recent foreign investments in Madagascar.

December 6, 2024

Rattled by China, West scrambles to rejig critical minerals supply chains

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts.

December 6, 2024

Dealmaker sues Randgold for up to $18 million over Barrick merger work

Ian Hannam, formerly one of JPMorgan's top rainmakers, alleges that Randgold had reneged on their agreement.

December 6, 2024

Botswana faces worst downturn since 2020 as diamond sales slump

Botswana’s economy may contract by 1.7% this year due to a prolonged downturn in diamond sales.