November 7, 2023

What green energy transition? Half of mining still exploring for gold

New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.

November 7, 2023

Copper, cobalt supplies from Congo stranded by truckers’ strike

Already 2,700 trucks carrying around 89,000 metric tons of copper are stuck in Kolwezi.

November 7, 2023

Impala Platinum starts voluntary job cuts at South Africa mines

The price for palladium has plunged nearly 40% so far this year while primary metal platinum is down 14%.

November 6, 2023

Bill Gates-backed mining startup wants to expand into Congo

KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition.

November 6, 2023

Botswana conducts due diligence on HB Antwerp stake, president says

At the height of talks for a new sales contract with De Beers in March, Botswana announced a deal to become a shareholder in HB Antwerp.

November 6, 2023

Billionaire-owned Vedanta seals Zambian copper assets deal

Vedanta and the Zambian government have sealed an agreement that restores the Indian company's ownership of Konkola Copper Mines.

November 6, 2023

Asante Gold announces extension to Grasshopper pit resource at Bibiani mine in Ghana

Constrained indicated resources amounted to 1.88 million tonnes averaging 1.04 grams per tonne for 56,500 oz. of contained gold.

November 6, 2023

Ivanhoe records $108m third-quarter profit, shares up

The Kamoa-Kakula copper complex sold 96,509 tonnes of payable copper in Q3 2023.

November 6, 2023

Zimbabwean miners set for big profit slump next year – report

Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%.

November 4, 2023

Vedanta posts loss on higher tax outgo and weak zinc prices

The Indian unit of billionaire Anil Agarwal swung to a loss of $214 million in three months to September.