Central banks the force behind record gold rally, says report
CENTRAL banks have emerged as the driving force behind gold's record-breaking bull market, accumulating roughly 80 tons monthly worth approximately $8.5bn at current prices,...
China’s mineral curbs threaten global auto production
GLOBAL automakers are sounding alarms over China's export restrictions on critical minerals, warning of potential production shutdowns as supply chain disruptions spread worldwide.
"If the...
Mali suspends artisanal gold mining as rains fall
MALI has temporarily halted all artisanal gold mining operations during the upcoming rainy season to safeguard workers from potentially fatal landslides, said Reuters citing...
Kalagadi Manganese debt dispute heads for arbitration
THE Supreme Court of Appeal has ruled that a multi-billion rand debt dispute between Kalagadi Manganese and its lenders must proceed to arbitration, dealing...
Wesizwe suspended from JSE amid signs of debt crisis
TRADING in Wesizwe Platinum shares was suspended by the Johannesburg Stock Exchange today as the firm's funding crisis appeared to deepen.
Wesizwe said the suspension...
Ivanhoe to reopen sections of Congo’s Kamoa-Kakula
IVANHOE Mines shares surged on Monday after the Canadian mining company announced progress towards reopening sections of its major copper operation in the Democratic...
Mali court adjourns hearing on Barrick mine Loulo-Gounkoto
A MALIAN court has adjourned until Thursday a crucial hearing on whether to place Barrick Mining's Loulo-Gounkoto gold complex under provisional administration, a move...
Former Harmony campaigner is Copper 360’s last chance
THE scale of former Harmony Gold CEO Graham Briggs's job at Copper 360 will become apparent when the junior miner publishes its year-end numbers...
AngloGold sells Brazil mine Serra Grande for $76m
ANGLOGOLD Ashanti said on Monday it had agreed the sale of its Brazil mine Mineração Serra Grande (MSG) which will be acquired by Aura...
Ghana gold output to top five million oz this year
GHANA is poised to increase its gold production by approximately 6.25% to around 5.1 million ounces in 2025, building on last year's record output...