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Congo jails three Chinese citizens in illegal mining crackdown

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A COURT in the Democratic Republic of Congo has sentenced three Chinese citizens to seven years in prison after they were arrested in possession...

First Quantum CEO makes Zambia sale a priority for 2025

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FIRST Quantum Minerals CEO Tristan Pascall said he would assess "the potential benefits of a minority stake sale in Zambia" as one of the...

SEC gives thumbs up to Aurous combination with Rigel

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AUROUS Resources, the South African business that controls the historic Blyvooruitzicht mine, has received regulatory approval to merge with Rigel Resource Acquisition Group, a...

Battered PGM shares poised to recover, says bank

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2O25 could signal a change in direction for platinum group metal shares following nearly two years of underperformance, most of which had been priced...

Body count continues to rise at disused Stilfontein mine

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THE body count continues to rise as the standoff between illegal miners and the South African government at the disused Buffelsfontein gold mine near...

Hummingbird agrees to pay Mali $16.4m in back taxes

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HUMMINGBIRD Resources said it had agreed to pay Mali $16.4m and waived VAT claims worth another $16m in return for the renewal of "key"...

Galiano optimistic despite undershooting gold guidance

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GALIANO Gold Corp said on Wednesday production for its 2024 financial year ended December 31 came in below revised guidance. Listed in Toronto, Galiano Gold...

Asante Gold sets out $116m Bibiani undergound project

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ASANTE Gold Corp, the Ghanaian miner, said on Tuesday it planned to mine 798,000 ounces of gold from underground resources at its Bibiani mine...

Bodies of illegal miners recovered from Buffelsfontein mine

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NINE bodies were among illegal miners retrieved from the Buffelsfontein gold mine in Stilfontein following rescue operations which started on Monday. Hundreds of illegal miners...

Barrick confirms suspension of Mali mine after gold seized

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BARRICK Gold confirmed on Tuesday it had suspended production at its Loulo-Gounkoto mine in Mali after authorities seized gold stock. "As a result, Barrick has...