Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2"We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo.Reuters | March 14, 2024 | 10:52 am
Exxaro still keen on copper after Botswana setbackCoal miner is considering potential deals to acquire copper and…Reuters | March 14, 2024 | 6:54 am
Montage Gold raises $26 million for Koné project in AfricaThe project has total probable reserves of 11.3 million oxide…Staff Writer | March 13, 2024 | 10:28 am
Positive under-the-radar trends for mining in Africa in 2024 The continent hosts more than half the planet’s platinum group metal, manganese and cobalt reserves – vital for certain battery storage technologies. Andrew van Zyl | February 28, 2024 | 7:51 am
Canada Rare Earth sets up supply operations in the DRC The initial startup supply will be sourced from local artisanal mining cooperatives, promoting responsible sourcing, the company said. Staff Writer | February 27, 2024 | 2:26 pm
Zambian president calls rail link connecting copper mines to Angolan port ‘once-in-lifetime’ break The Lobito corridor is central to the Biden administration’s plans to secure access to crucial metals for the energy transition in Zambia and neighboring Democratic Republic of Congo. Bloomberg News | February 27, 2024 | 10:29 am
Anglo spinoff breeds fish to restock rivers after massive toxic spill A project funded by Thungela has begun repopulating a river system with fish after a catastrophic spill from a coal mine. Bloomberg News | February 27, 2024 | 8:22 am
South African billionaire Wiese returns to his diamond-hunting roots The 82-year-old serial investor has dived into something that harkens back to the start of his storied career nearly half a century ago. Bloomberg News | February 26, 2024 | 9:23 am
What to expect in 2024 after diamond sector’s price plunge Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery. Paul Zimnisky | February 25, 2024 | 6:45 am
Montage Gold gains on Lundin-backed financing Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024. Staff Writer | February 23, 2024 | 9:04 am
AngloGold Ashanti posts 3% drop in 2023 output Poor ground conditions at Obuasi in Ghana and a carbon-in-leach tank failure at Siguiri, Guinea, had an adverse impact on gold production. Reuters | February 23, 2024 | 7:42 am
Sibanye-Stillwater to cut 2,600 jobs in South Africa The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. Cecilia Jamasmie | February 23, 2024 | 5:26 am