GHANA is drawing up its most extensive rewrite of mining rules in twenty years – a move that would sharply cut how long companies can run mines in Africa’s top gold producer before having to renew ...
IT’S a busy time for Perth-based West African Resources which recently registered first production from Kiaka, a gold mine in Burkina Faso. This is the second operation for the growing producer, with ...
SHARES in gold mining companies surged on Monday after bullion prices climbed to a record $5,100 per ounce, extending a historic rally fuelled by safe-haven demand amid geopolitical tensions and ...
KENMARE Resources downgraded its ilmenite production forecast for this year owing to delays at a $341m project aimed at accessing a new section of the company’s Moma mine in Mozambique. The UK-listed ...
ANGLO American said its 85%-owned De Beers may cut diamond production further owing to a deterioration in second quarter market conditions. “Trading conditions became more challenging in the second ...
CRYPTOCURRENCY company Tether Holdings has amassed approximately 140 tons of gold worth $23bn in a Swiss nuclear bunker, making it the world’s largest known private bullion hoard outside banks and ...
SOUTH African mines minister Gwede Mantashe rejected a business proposal offering the United States access to Africa’s critical minerals, citing concerns that Sibanye Stillwater was advancing its own ...
COAL’S importance to baseload power generation and advances in technology that have helped reduce the fuel’s carbon footprint were being understated by its opponents, said Vuslat Menar, MD of Menar, a ...
A NEW York mining firm has struck a deal with Mali’s government to resume production at the Morila gold mine marking the first US investment under the West African nation’s controversial new mining ...
A CHINESE lithium producer has begun construction of a lithium processing plant in Zimbabwe as the southern African country tightens controls on raw mineral exports to encourage higher-value refining ...
US electricity consumption is rising so rapidly that coal usage could increase dramatically, said Bloomberg News citing comments by Peabody Energy Corp. The surge in power demand, combined with US ...
A MAJOR squeeze is emerging across industrial metals markets as the ongoing US-Israeli war against Iran compounds structural supply shortfalls, said the Financial Times on Thursday. This could keep ...
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