Zijin leads race for Barrick mine, Tongon
CHINA'S Zijin Mining has emerged as the leading contender to purchase Barrick Mining's Tongon gold operation in northern Ivory Coast, said Reuters citing sources...
De Beers to post interim loss as discounts inventory diamonds
ANGLO American on Thursday said its diamond and steelmaking coal businesses would be loss-making in the first half of its financial year.
This was owing...
Northam hits one million oz target – but Dunne cautious on...
NORTHAM Platinum struck a cautious note on recovering platinum group metal markets saying that the outlook remained uncertain and volatile.
Commenting in the group's year-end...
Glencore to shutter final Australian copper mines
GLENCORE will close its final two copper mines in Queensland's Mt Isa next week, ending more than 60 years of upstream operations after deeming...
Mozambique graphite shipments restart after election violence
AUSTRALIAN mining firm Syrah Resources has resumed operations at its Mozambican graphite facility following months of disruption caused by post-election unrest, said Bloomberg News...
Platinum surge may rescue South Africa’s coalition
SOUTH Africa's coalition government could receive crucial financial relief ahead of October's budget thanks to soaring platinum prices and higher mining royalties, according to...
SA coal exports may hit 57Mt as TFR continues turnaround
THE turnaround in coal exports during 2024 through the Richards Bay Coal Terminal (RBCT) that was reported in January has continued into 2025 with...
Gem Diamond execs take pay cut as firm unveils restructure
GEM Diamonds is the latest diamond miner to announce restructuring plans owing to a prolonged trough in prices for the luxury product.
The UK-listed miner...
Paladin under pressure as output falls short of forecast
SHARES in Paladin Energy plummeted on Wednesday following the release of quarterly results that, whilst showing improved production figures, delivered disappointing forward guidance from...
Mali court rejects Barrick employee appeal
A COURT in Mali on Tuesday rejected an appeal by Barrick Mining to release four employees arrested last November, escalating a long-running standoff between...