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Caledonia raises $150m for Zimbabwe gold project

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CALEDONIA Mining Corporation secured $150m through a seven-year convertible bond offering on Wednesday to finance its Bilboes development, set to become Zimbabwe's largest gold...

Rio Tinto beats forecasts amid Glencore merger talks

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RIO Tinto delivered stronger-than-expected fourth-quarter production across iron ore and copper operations, marking a positive start for new CEO Simon Trott as the company...

Alphamin flourishes despite “elevated risk” of Congo conflict

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ALPHAMIN said security risks in Democratic Republic of Congo's North Kivu province where it operates the Bisie tin mine remained elevated amid "an increased...

Botswana diamond glut constrains recovery prospects

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BOTSWANA'S diamond inventory has swelled to nearly twice its target level, preventing production increases that might otherwise support the struggling economy, said Reuters citing...

BHP accepts price cuts amid China supply talks

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BHP Group disclosed on Tuesday that it has agreed to reduced pricing for certain iron ore shipments whilst negotiating a 2026 supply contract with...

Ghana tax reforms threaten investment, miners warn

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GHANA'S Chamber of Mines has raised concerns that sweeping fiscal reforms could damage the country's attractiveness to mining investors and hamper production growth. The industry...

Barrick names new CFO as leadership shake up continues

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BARRICK Mining has appointed board member Helen Cai as CFO, replacing Graham Shuttleworth in the latest senior departure at the Canadian miner amid speculation...

Sibanye-Stillwater opts for phased output at €783m Keliber

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SIBANYE-Stillwater said it had decided to phase production from its €783m (R14.9bn) Keliber lithium project in Finland owing to market oversupply of the battery...

Iron ore falls amid oversupply concerns

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IRON ore declined for a fifth consecutive session on oversupply fears after Beijing confirmed a substantial reduction in steel production, the inaugural shipment from...

Chinalco said to back Rio Tinto’s bid for Glencore

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ALUMINIUM Aluminum Corp. of China is expected to support Rio Tinto's proposed acquisition of Glencore, a merger that would enhance the Chinese company's exposure...