AngloGold Ashanti maintains output forecast after flooding at Australia mineThe company says it expects to meet its output target of up to 2.79 million ounces this year despite flooding at the Tropicana mine.Reuters | March 19, 2024 | 5:50 am
Dirty gold can still slip into London market, rights groups sayRefineries vetted by the London Bullion Market Association (LBMA), which…Reuters | March 19, 2024 | 3:09 am
Implats’ Zimbabwe unit plans voluntary job cuts to contain costsWeak platinum group metal prices are projected to last for…Bloomberg News | March 18, 2024 | 12:44 pm
Barrick CEO Bristow drives another U-turn in a remote land The second-biggest gold miner this month poured its first gold in Papua New Guinea in nearly four years. Colin McClelland | March 12, 2024 | 8:36 am
Senegal opposition coalition promises new currency and revamp of oil contracts Ousmane Sonko launched its presidential campaign platform with promises to renegotiate mining and energy contracts. Reuters | March 10, 2024 | 10:52 am
African Rainbow pauses Bokoni mine expansion plan after H1 profit fall The miner's headline earnings declined to $158.5 million in the six months to December 2023. Reuters | March 8, 2024 | 7:47 am
Perseus extends OreCorp takeover bid to April Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade. Cecilia Jamasmie | March 8, 2024 | 3:55 am
Forsys Metals shares jump on uranium project licence renewal Its exclusive prospecting licence for the Namibplaas uranium deposit has been renewed for two years. Staff Writer | March 7, 2024 | 12:32 pm
Dundee Precious Metals sells Tsumeb smelter in Namibia for $49 million Dundee acquired the smelter in 2010 to secure a processing plant for the complex concentrate from the company’s Chelopech mine in Bulgaria. Staff Writer | March 7, 2024 | 10:00 am
Fortuna Silver takes $90.6m charge on Mexican mine closure It will cease activities at its San José mine in Mexico this year, six months earlier than planned, due to rising costs and depleted reserves. Cecilia Jamasmie | March 7, 2024 | 4:19 am
Platinum’s worst crisis in decades hits jobs in South Africa The nation’s platinum sector — which accounts for about 70% of global output — has been a key export industry. Bloomberg News | March 6, 2024 | 10:11 am
US court sides with Apple, Tesla, other tech companies over child labor in Africa A federal appeals court refused to hold the companies liable over their alleged support for the use of child labor in cobalt mining in the DRC. Reuters | March 6, 2024 | 7:50 am