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De Beers discovers kimberlite in Angola three years after return

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DE Beers has made its first kimberlite discovery in Angola for thirty years, said Reuters citing an announcement from the Anglo American subsidiary on...

SA’s stricken ferrochrome industry “fairly close” to power deal

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MERAFE Resources is nearing an agreement with the South African government on electricity supply tariffs aimed at saving up to 2.3 million tons a...

Is Trump presidency undoing years of advances in ESG?

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Mining companies are holding firm on environmental, social and governance commitments despite the Trump administration's anti-ESG stance and record investor outflows from sustainable funds. Global...

Trump exempts gold from US import tariffs

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US President Donald Trump said on Monday he would not impose tariffs on imported gold, resolving uncertainty that had roiled global bullion markets for...

Barrick cautions Mali not to damage contested mine

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BARRICK Mining said it had "cautioned everyone" not to damage Loulo-Gounkoto whilst it sought to resolve a dispute over the Mali mine with the...

Barrick Mining sweetens dividend after record showing

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BARRICK Mining posted much improved net earnings for the second quarter – its best in over a decade – owing to reduced all in...

CATL mine closure triggers lithium market rally

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LITHIUM markets surged on Monday following Contemporary Amperex Technology's decision to suspend operations at its major Chinese mine, raising concerns about potential government intervention...

Tsengwa proud despite acrimonious Exxaro exit

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FORMER Exxaro Resources CEO Nombasa Tsengwa said her controversial departure from the mining giant earlier this year cannot overshadow her fulfilling two-decade career with...

Motsepe seeks court protection in mining dispute

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PATRICE Motsepe's African Rainbow Capital has approached Johannesburg's High Court for legal clarity in a R3.4bn lawsuit filed by US company Pula Group in...

Gemfields sells iconic luxury brand Fabergé for $50m

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GEMFIELDS is to sell iconic jewellery brand Fabergé for $50m in a development that helps bolster the miner's under-pressure balance sheet. The buyer is US-based...