Mali establishes judicial mining task force
MALI is creating a specialised task force with judicial powers to oversee gold mining and quarrying operations across the country, said Bloomberg News on...
Iran warns of $200 oil as attacks on Gulf shipping mount
IRAN'S military warned oil could reach $200 a barrel as fighting between the country and US-Israeli forces intensified, said Reuters on Wednesday.
This comes as...
Rainbow Rare Earths approves $279m Brazil project
RAINBOW Rare Earths has approved a $279m rare earths project in Brazil, partnering with US fertiliser giant Mosaic to extract critical minerals from phosphogypsum...
Samancor presses ahead with job cuts despite Eskom deal
SAMANCOR Chrome is pushing forward with plans to retrench about 2,400 workers across its smelting operations and corporate offices, said Bloomberg News citing a...
Zambia courts investors for copper output tripling
ZAMBIA is seeking global investment, including from the United States, to more than triple copper output to three million tons by 2031, the country's...
Banks failing to screen for illegal mining risks
A LARGE proportion of banks and investors are not screening for illegal mining risks despite operating in sectors vulnerable to illicit extraction, according to...
SA launches infrastructure credit-guarantee vehicle
SOUTH Africa is rolling out a new credit-guarantee programme designed to mobilise billions of dollars in private investment for infrastructure, spanning power grid expansion,...
Lundin family bet on Montage Gold delivers 2,000% return
A C$17.5M investment by the Lundin family in Canadian-listed Montage Gold has generated a return of more than 2,000% in under two years owing...
Congo gold trader targets new artisanal haul
THE Democratic Republic of Congo's state-owned gold trading company is targeting sales of 15 tons this year from the country's artisanal mining sector, with...
Ghana proceeds with 12% gold royalty despite US, China outcry
GHANA will implement a new sliding-scale gold royalty regime on Tuesday despite opposition from the US, China and other Western governments, as well as...