Congo unmoved on cobalt export quota system
THE Democratic Republic of Congo will maintain its recently announced cobalt export quota system with the country's mining minister ruling out immediate revisions, said...
Botswana seeks De Beers control by October
BOTSWANA'S president has set an end-of-October deadline to secure majority control of De Beers, as the diamond-dependent nation seeks greater influence over global gem...
Investors pile into gold ETFs propelling metal to new record
A FRESH surge of investment in exchange traded flows (EFT) is one of the factors behind yet another bout of record-setting gold prices in...
Gemfields to post $24.6m interim loss on lower sales
GEMFIELDS expects to report an interim loss of $24.6m (R435.8m) following disrupted emerald production and less premium rubies mined.
In a trading statement ahead of...
Rise in coal shipments may signal market shift
GLOBAL thermal coal shipments reached their highest levels since late 2024 during August, driven by robust import demand from China, Japan and South Korea,...
Tshisekedi says Congo will not auction minerals
THE Democratic Republic of Congo President Felix Tshisekedi has insisted his country will not "auction" its vast mineral wealth to the US, despite ongoing...
Barrick surges on game-changer gold discovery
BARRICK Mining Corporation has witnessed its most dramatic share price surge in five years following revelations about a potentially transformative gold discovery in Nevada.
The...
Gold Fields hits new high as Gruyere takeover approved
GOLD Fields has secured complete ownership of the Gruyere gold operation after Gold Road Resources shareholders overwhelmingly endorsed the South African company's $3.8bn acquisition...
Mali secures mining deals with gold producers
MALI'S government has finalised seven mining agreements that will boost state revenues from the gold sector, marking another step in the military leadership's drive...
High Seas treaty will deal blow to deep sea mining
A NEWLY ratified treaty protecting marine life is expected to strengthen opposition to deep-sea mining ahead of this week's UN climate summit in New...