April 28, 2023

Zimbabwe will issue gold-backed digital tokens from next month

The tokens, to be sold through banks in local and foreign currency at a 20% margin above the interbank mid-rate, will be introduced in two phases.

April 28, 2023

Pensana taps major UK investor to fund rare earths project in Angola

The refinery would be one of only a handful of its kind outside China if it starts as planned in 2026.  

April 28, 2023

Diamond sales at Debswana drop marginally in cautious market

Sales of diamonds from Debswana fell 1.4% and stood at $1.077 billion in the three months to March.

April 28, 2023

GRAPHIC: Solid mine production growth to support copper supply in 2023-2024

JP Morgan sees global copper mine production rising by 2.6% in 2023.

April 27, 2023

Ivanhoe taps Glencore for $250 million to start Kipushi zinc mine ahead of schedule

Glencore will take all of the mine’s zinc concentrate for five years and fund the operation.

April 26, 2023

Managem acquires Senegal’s Boto gold project

The deal is part of a transaction last year to buy the assets of Iamgold.

April 26, 2023

First Quantum’s issues in Panama hit earnings, production

Results were also affected by a severe rainy season in Zambia, home to its Sentinel and Kansanshi copper mines.

April 25, 2023

Congo state miner and China’s CMOC reach agreement on royalties

The agreement paves the way for the resumption of minerals exports from Tenke Fungurume.

April 25, 2023

Anglo American’s copper output up 28% in first quarter

Production hit 178,100 tonnes of copper in Q1 mainly due to the ramp-up of its newly opened Quellaveco copper mine in Peru.

April 24, 2023

Zimbabwe’s digital currency plan needs $100 million of gold

Zimbabwe has been struggling to stem a decline in the currency in the nation where the US dollar is the unit of choice.