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A crisis forever? How diamond miners are digging in

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THE impending liquidation of Ekapa Mining following a deadly mudslide last month brings the curtain down on roughly 150 years of diamond mining in...

Congo approves US firm’s deal for Chemaf

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THE Democratic Republic of Congo has indicated it will approve the purchase of copper and cobalt miner Chemaf SA by American company Virtus Minerals...

Guinea weighs bauxite export quotas amid price slide

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GUINEA, the world's largest bauxite producer, is considering introducing export quotas for mining companies as early as this month, said Reuters on Tuesday, citing...

Orion raises $2.2bn for critical minerals fund

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ORION Resource Partners has closed its fourth mine finance fund at approximately $2.2bn, making it the largest vehicle the specialist mining financier has launched...

From millstone to option value: How SA has changed for Anglo

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THE perceived regulatory and social risks of South Africa used to weigh heavily on Anglo American's investment rating. Known as the 'South African discount', Anglo...

Munition metal tungsten surges amid China squeeze

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TUNGSTEN prices have surged more than 550% since China tightened exports of the metal - used in the manufacture of weapons – in 2024. The...

South32 too risky for predators, says outgoing CEO

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AN estimated $34bn in deals has gripped the mining sector since 2024, according to Canadian law firm Dentons. Efforts to consolidate ownership and strip...

Perseus sells Sudan gold prospect as civil war rages on

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PERSEUS Mining has thown the towel in on its Sudan gold exploration holdings agreeing to the sale of Meyas Sand Gold Project to China's...

South32 to incur $60m cost as Mozal mothballed

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SOUTH32 said on Monday it had put its 63.7%-owned, 320,000 ton a year Mozal aluminium smelter in Mozambique on care and maintenance, effective March...

S&P cuts Botswana rating on diamond market woes

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S&P Global Ratings has downgraded Botswana's long-term sovereign credit rating to BBB- from BBB, citing structural weakness in the global diamond market that will...