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.

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.