Gemfields warns of $2.8 million loss on write-down Weak PGMs prices forced Gemfields to cut the value of its Sedibelo investment, which will result in a write-down ranging between $4 million and $28 million. Cecilia Jamasmie | March 22, 2024 | 4:01 am
Lucapa finds Lulo mine’s fifth-largest diamond The 203-carat, type IIa diamond is also the third 100-carat-plus stone found at the Angolan mine this year. Cecilia Jamasmie | March 21, 2024 | 5:35 am
Centamin annual profit boosted by soaring gold prices Centamin said it had “re-positioned” its Sukari gold mine in Egypt to achieve a consistent annual production of 500,000 ounces. Cecilia Jamasmie | March 21, 2024 | 3:51 am
Hummingbird faces fresh headwinds at Guinea gold mine One of its main contractors has halted activities at the Kouroussa gold mine as a result of contractual disputes. Cecilia Jamasmie | March 20, 2024 | 5:19 am
Glencore’s carbon emissions jumped 8.8% in 2023, reveals new climate plan Increase was a consequence of expanding coal production and restarting an oil refinery in South Africa. Cecilia Jamasmie | March 20, 2024 | 3:48 am
Vale faces fresh $3.8 billion lawsuit over 2015 dam disaster The legal action in the Netherlands is being pursued by 77,000 claimants represented by law firms Pogust Goodhead and Lemstra Van der Korst. Cecilia Jamasmie | March 19, 2024 | 4:51 am
Antofagasta secures $2.5 billion for Centinela copper mine expansion Construction of a second concentrator will add 144,000 tonnes a year to the company’s overall production. Cecilia Jamasmie | March 19, 2024 | 3:48 am
Lucapa Diamond soars on 48% rise in resources at Angola mine Resources at Lulo mine in Angola increased to 228,000 carats as of December 31, up from 153,870 carats the previous year. Cecilia Jamasmie | March 18, 2024 | 3:51 am
