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Mali to buy additional 10% stake in B2Gold’s Fekola for $47m

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B2GOLD, the Toronto-listed gold producer, operating in Mali and Namibia, said the Malian government would subscribe for another 10% stake in its Fekola gold...

Glencore starts search for new chairman after Hayward signals 2022 resignation

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GLENCORE chairman, Anthony Hayward, will step down before next year's annual general meeting, he said in the group's annual report published on Thursday. Hayward, 63,...

China’s Zijin to buy Akyem for $1bn

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CHINA'S Zijin Mining Group is to buy the Akyem Gold Mine Project in Ghana from US miner Newmont Corp. for $1bn, said Reuters citing...

Gemfields warns extended COVID-19 travel restrictions could wipe out $25m cash...

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THE financial performance of Gemfields this year would be heavily affected by the COVID-19 pandemic which had "put on hold" gemstone auctions responsible for 93%...

Anglo seeks new CEO as Carroll goes

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Anglo American chairman John Parker will start a process to recruit a successor for CEO Cynthina Carroll.

SA platinum in troubled waters

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Anything less than an annual output of 2.6 million ounces from Anglo American Platinum for 2011 will support the growing perception that SA's platinum industry is headed for hard times.

Rockwell in fresh round of restructuring

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Rockwell Diamonds is to shut its Johannesburg office, send senior management to the Northern Cape operations, and curtail more production.

IMF encourages Ghana to up mining revenue

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Ghana has to look at options to increase tax revenues from its mining sector, says the International Monetary Fund.

South32 poaches new CEO from Anglo American

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SOUTH32 has appointed Matthew Daley, an Anglo American executive with extensive copper experience, as its new CEO to succeed Graham Kerr, who has led...

De Beers discussing temporary move of diamond sales from Botswana with...

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DE Beers is in discussions with the Botswana government to move diamond sales from its capital, Gaborone, nearer to buyers in international centres in...