Gold Road withdraws from Greenstone transaction process

Australian mining company Gold Road Resources has announced its decision to discontinue its involvement in a transaction process led by Orion Resources Partners concerning a potential investment in... 

De Beers lowers full-year production guidance on high market inventory levels

Diamond miner De Beers, a subsidiary of diversified miner Anglo American, has lowered its production guidance for the 2024 full-year to between 26-million and 29-million carats in response to the... 

Zambia seeks power imports for key mining sector

Zambia's State-owned electricity utility Zesco said on Monday it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer. The...