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IronRidge Resources raises £5.4m in share issue for Ghana lithium project

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IRONRIDGE Resources, a company listed in London, said it had raised £5.4m before expenses after placing just over 27 million shares with shareholders at...

Mali expects to start producing lithium in 2020 as mineral discoveries...

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WEST Africa's Mali is positioned to become an important producer of lithium, a mineral increasingly in demand owing to the proliferation of lithium ion...

Perseus “encouraged” by drilling aimed at life of mine extension at...

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PERSEUS Mining declared itself "encouraged" by a drilling programme which has raised the prospect that the life of its Edikan mine in Ghana could...

Zimbabwe gold miners to retain 55% of earnings in dollars as...

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ZIMBABWE threw its gold mining firms a lifeline, according to Reuters which said today companies would be allowed to retain 55% of their earnings...

Emerald market recovering, says Gemfields after Singapore auction generated $28.4m

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THE results of a recent auction in Singapore, in which revenue of $28.4m was generated in emerald sales, reflected the recovery underway in the...

Lucapa Diamond takes year-to-date sales to $24.5m from Lulo mine

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LUCAPA Diamond Company, which mines in Angola, said year-to-date diamond sales totalled $24.5m following the latest parcel of 3,411 carats which sold for $4.2m....

Shipping rates slide as trade war may finally have caught up...

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THE ongoing trade war between the US and various other economies has finally come home to roost in the commodities industry with analysts saying...

Ghana hopes to raise $750m in London-destined minerals, oil fund listing

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GHANA hopes to raise up to $750m through an initial public listing in London of a fund that will hold the country's shares in...

Katanga warns revenue at risk if copper export row with DRC...

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TORONTO-listed Katanga Mining warned its earnings would be negatively affected if a dispute over copper exports from its Democratic Republic of Congo (DRC) Kamoto...

Exploration spend by world’s miners rises for second year in 2018...

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EXPLORATION spend by the world's mining sector was nearly $10bn in 2018 as the hunt for metals used in electric vehicle batteries hotted up,...