Lucara Diamond secures balance of funds for $779m Karowe
THE future of one of the world's richest diamond mines has finally been secured three years after its botched expansion threatened to bankrupt owner...
Resolute greenlights $516m Côte d’Ivoire gold mine
RESOLUTE Mining has given the final thumbs up for its $516m Doropo project in Côte d'Ivoire, scoped in a recent feasility study to produce...
Anglo American iron ore cargoes diverted by Iran war
AT least three iron ore cargoes operated by Anglo American have been diverted mid-voyage as the US and Israeli military campaign against Iran chokes...
Mali establishes judicial mining task force
MALI is creating a specialised task force with judicial powers to oversee gold mining and quarrying operations across the country, said Bloomberg News on...
Orion Minerals sets sights on wealthy equity partners
ORION Minerals, a Northern Cape copper developer, is optimistic its most recent investor roadshow to Australia will achieve what has so far eluded it...
Harmony studying plans to expand surface gold output
HARMONY Gold is weighing up plans to expand its surface remining activities which includes development of tailings facilities accessing 5.7 million ounces in gold...
Iran warns of $200 oil as attacks on Gulf shipping mount
IRAN'S military warned oil could reach $200 a barrel as fighting between the country and US-Israeli forces intensified, said Reuters on Wednesday.
This comes as...
Rainbow Rare Earths approves $279m Brazil project
RAINBOW Rare Earths has approved a $279m rare earths project in Brazil, partnering with US fertiliser giant Mosaic to extract critical minerals from phosphogypsum...
Samancor presses ahead with job cuts despite Eskom deal
SAMANCOR Chrome is pushing forward with plans to retrench about 2,400 workers across its smelting operations and corporate offices, said Bloomberg News citing a...
Pan African goes all in on Australia’s ‘heart of gold’
PAN African Resources – a one-time gold-mining minnow that started with just a deep-level mine in Barberton – is extending its empire in Australia....