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Lucapa Diamond shuts Mothae mine as Lesotho forced into new, two-week...

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LUCAPA Diamond Company said it had suspended its Mothae mine in Lesotho in line with the southern African country's two-week lockdown announced today aimed...

Market optimism, production uplift of 45-60% set to boost Kenmare dividends...

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KENMARE Resources, the heavy minerals producer, said shareholders could expect improved dividend payments in its 2021 financial year in which production of its key...

Steinmetz denies corruption as trial over Guinea’s Simandou prospect gets underway

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BENY Steinmetz denied any role in corruption or forgery related to mining rights his company, Beny Steinmetz Group Resources (BSGR), secured in Guinea, said...

Executive payouts criticised by gold investors as metal price hastens M&A...

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COMPENSATION packages that pay gold mining executives large bonuses in the event of merger and acquisition activity have been criticised by investors who intend to...

Botswana president Masisi to feature at Mining Indaba as Covid-19 variant...

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BOTSWANA president Mokgweetsi Masisi is the latest head of state confirmed to deliver a keynote presentation at the Mining Indaba conference, scheduled for February...

Tharisa keeps production tiller steady in Q1 whilst rhodium price rockets...

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THARISA today reported first quarter increases in chrome and platinum group metal (PGM) production year-on-year keeping it on track to reach full-year guidance for its...

Tin price gains “bode well” for Congo miner, Alphamin, as Bisie...

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AN improvement in the price of tin "boded well" for Toronto- and Johannesburg-listed Alphamin Resources' 2020 earnings, the company said in a fourth quarter...

Decline in Zimbabwe small scale mining results in 31% lower annual...

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ZIMBABWE reported a 31% decline in gold sales in 2020 owing to lower deliveries from small-scale miners, said Reuters. Citing official data, Reuters said sales...

Zambia reportedly concludes deal with Glencore to increase stake in Mopani...

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THE Zambian government had concluded its talks with Glencore about buying a majority stake in Mopani Copper Mines, said Reuters. The newswire quoted a report...

Lucapa Diamond Corp. sells Mothae parcel for $5.6m averaging highest dollar...

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LUCAPA Diamond Company sold 4,676 carats recovered from its Mothae mine in Lesotho for $5.6m, the company said today. At $1,198 per carat, the diamonds...