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Research agency BMI maintains a lower price forecast for zinc this year, at $2 500/t, compared with the yearly average price of $2 651/t in 2023, as excess market supply drags prices. BMI says an...
Guinea said shareholders involved in Simandou, the biggest untapped iron-ore reserve globally, have signed $15-billion in financing agreements for the project. The accords provide funds for rail...
State-owned electricity utility Eskom will reduce planned maintenance to 3 000 MW during the upcoming winter season and will seek to keep unplanned breakdowns to below 14 000 MW in a bid to...
A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is...
Critical minerals and battery materials company Volt Resources has submitted multiparty bids for nondilutive funding that have the potential to deliver more than A$150-million to the company. Volt,...
London-listed Altona Rare Earths has entered into a binding option agreement with Ignate African Mining concerning the exploration for copper and silver on prospecting licence (PL) 2329/2023,...
Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert...
London- and Botswana-listed diamond company Botswana Diamonds is going to apply artificial intelligence (AI) techniques to its Botswana database, the company said on Tuesday, April 9. Involved are...
Fortescue Energy, part of Australian iron-ore major Fortescue, on Tuesday unveiled a joint venture with Morocco-headquartered plant nutrition and phosphate-based fertiliser supplier OCP Group. The...
Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously...
JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has appointed Philippe Boisseau independent nonexecutive director, effective April 8. He brings to the board more than 25 years of...
South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up...
West Africa-focussed gold company Cora Gold will soon start an exploration drill programme at its Madina Foulbé gold permit, within the Kenieba project area in East Senegal. The company plans to...
Angolan national diamond trading company Sodiam will host an online rough diamond tender in collaboration with Trans Atlantic Gem Sales on April 19. Viewings will take place between April 11 and...
The growing number of "data-driven" players such as hedge funds in the world of commodity trading has helped sustain record levels of profit, even as the volatility that supercharged earnings in...
London-listed Aterian has received the change of control approval from the Ministry of Minerals and Energy in Botswana to formally complete the acquisition of a controlling 90% interest in Atlantis...
Potash developer Emmerson has entered into a subscription agreement with Global Sustainable Minerals (GSM) which will see the company gaining a 20.3% shareholding in Emmerson. GSM will have the...
ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head...
Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February...
The exploration licence over the Senala gold project, in Senegal, has been renewed for a further three years, from February 17 this year, Aim-listed Oriole Resources reports. Oriole's interest in...
The Congolese Regulatory Authority for Subcontracting in the Private Sector, or Authorité de Régulation de la Sous-traitance dans le Secteur Privé (ARSP), has announced a new agreement with China’s...
West African gold producer Tietto Minerals has produced a quarterly record of 37 111 oz of gold at its Abujar gold project, in Côte d’Ivoire, for the quarter ended March 31. Milling rates increased...
After entering into a sales process for the Koffiefontein diamond mine, in South Africa’s Free State province, London-listed Petra Diamonds is on track to deliver $75-million of cash savings in the...
ASX- and TSX-listed Perseus Mining has declared that its off-market takeover bid offer for all the current and to be issued ordinary shares in ASX-listed OreCorp is now unconditional, and best and...
Forestry, Fisheries and the Environment Minister Barbara Creecy has granted Sasol South Africa permission to employ a load-based limit to regulate the sulphur dioxide (SO2) of its Secunda boilers...
South Africa’s State power utility, stung by reports about the health impacts of emissions from burning coal, said it’s spending billions of dollars to reduce them and has an ambitious target to...
Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of...
Multinational mining giant Rio Tinto has announced the appointment of Bold Baatar as its COO, tasked with spearheading the group's commercial and business development endeavors worldwide. Baatar's...
Aim-listed Red Rock Resources has provided an update on its arbitration in the Democratic Republic of Congo (DRC) with respect to the claim the company is pursuing in-country for its interest in...
South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South...
Nonprofit initiative Bokamoso Ba Rona has published a request for expression of interest, in seeking to partner with established commercial farmers and/or agribusinesses to spearhead Bokamoso’s...
ASX-listed unhedged gold mining company West African Resources produced 56 595 oz of gold at its Sanbrado gold operations in the first quarter. The gold, produced from 844 000 t of ore milled at a...
JSE-, ASX- and Aim-listed MC Mining has advised that the offer period for a takeover offer made by Goldway Capital Investment has been extended to April 19. The offer would have initially lapsed...
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