Aussie gold miner doubles down in Burkina Faso
IT’S a busy time for Perth-based West African Resources which recently registered first production from Kiaka, a gold mine in Burkina Faso. This is...
China slashes non-ferrous metals growth targets
CHINA has dramatically reduced its production growth ambitions for major non-ferrous metals over the next two years, signalling a strategic pivot towards efficiency and...
Vedanta plans talks on dollar bond sale
VEDANTA Resources is scheduled to hold discussions with investors today regarding a potential dollar bond issuance designed to refinance expensive private debt, said Bloomberg...
Coal industry “still evolving”, says Menar’s Bayoglu
COAL'S importance to baseload power generation and advances in technology that have helped reduce the fuel's carbon footprint were being understated by its opponents,...
Congo reopens mining talks amid smuggling crisis
THE Democratic Republic of Congo has reopened negotiations with mining companies as it seeks to recover billions of dollars lost through gold smuggling, the...
Botswana runs surprise ad-hoc diamond auction
BOTSWANA has launched an unprecedented ad-hoc diamond auction in an effort to raise revenue as the southern African nation grapples with a slump in...
Gold Fields sells Northern Star stake for A$1.1bn
GOLD Fields said on Friday it had raised about A$1.1bn ($725m) through the sale of its 3.4% stake in Sydney-listed Northern Star Resources.
This takes...
Can South Africa deliver on rare earth minerals?
SOUTH Africa has the critical minerals that the US needs to industrialise, including rare earth minerals, President Cyril Ramaphosa told President Donald Trump in...
Copper soars after Indonesian mine tragedy
COPPER prices have surged above $10,300 per ton on the London Metal Exchange following Freeport-McMoRan's declaration of force majeure at its Grasberg mine in...
Angola proposes pan-African De Beers consortium
ANGOLA has submitted a bid for a minority stake in De Beers, proposing to establish a pan-African consortium of diamond-producing nations to jointly operate...