Barrick agrees sale of Tongon for $305m to Atlantic Group
BARRICK Mining said on Monday it had reached an agreement to sell its 89.7% stake in the Tongon mine in Côte d’lvoire to Atlantic...
Investors rethink gold as metal edges to $4,000
GOLD has surged nearly 50% this year to an unprecedented $3,930 per ounce, driven by a fundamental shift in how investors view the precious...
London no longer a hub for big mining finance
LONDON'S centuries-old dominance as the world's premier destination for mining finance is drawing to a close as investors increasingly favour Australia and Canada for...
Mining pay rises outstrip productivity gains
MINERALS Council South Africa has warned wage increases are outpacing productivity improvements, attributing the disparity to overly strong union influence, according to a report...
South Africa weighs 25% chrome export levy – report
SOUTH African authorities are mulling a 25% levy on raw chrome ore exports as part of efforts to rescue the beleaguered ferrochrome sector, which...
Militants blockade fuel supplies to Mali mine
MALI'S military has halted approximately 70 fuel tankers bound for Allied Gold's Sadiola gold mine following an al Qaeda-affiliated group's blockade on fuel imports...
Tailwinds for Sibanye-Stillwater’s Stewart but dangers lurk
THERE was never a question of Neal Froneman shedding tears of sadness as he stepped from the Sibanye-Stillwater podium for the last time in...
Guinea iron ore mine halts after fatal accident
A CHINESE-backed mining venture has halted operations at its Guinean iron ore site following a workplace incident that claimed three foreign workers' lives, Bloomberg...
Selling De Beers presents Anglo with some tricky politics
THE sale of De Beers was always going to be the hardest part of Anglo American's restructuring, first announced in May 2024, not least...
Zimbabwe’s gold miners drive dollar bourse surge
ZIMBABWE'S dollar-denominated stock exchange has posted remarkable gains as gold producers benefit from the precious metal's stellar performance this year, Bloomberg News reported on...