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.

December 6, 2024

Wheaton strikes $175m streaming deal for Ethiopia’s first commercial gold mine

The mine operator, Allied Gold, said the funds cover Kurmuk's first development phase, with production expected in mid-2026.

December 6, 2024

Friend to foe: Mali wants to arrest CEO who made it billions

In Mali and beyond, Bristow has established a reputation for thriving in African jurisdictions considered overly risky by many rivals.

December 5, 2024

Budget allocated to grassroots exploration at all-time low – S&P Global

S&P analyst says explorers are transitioning to a more risk-averse stance, with increased focus on existing mines.

December 5, 2024

Niger seizes Orano’s Somair operation as juntas across Africa pressure Western miners

Orano suspended Somair’s production in October after months of interference by the military government.

December 5, 2024

Mali issues arrest warrant for Barrick CEO amid tax dispute – report

Bristow is accused of money laundering and violating financial regulations, according to Reuters.

December 5, 2024

BHP not fixated on copper growth organically or through acquisitions, exec says

BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.

December 5, 2024

Botswana holds main interest rate as diamond slump saps economy

Declining earnings from diamonds have limited government spending.

December 5, 2024

Paladin restarts Langer Heinrich plant after planned shutdown

Paladin built an on-site water storage facility designed to provide a buffer against potential future water supply disruptions.