Emeralds and rubies miner Gemfields (LSE: GEM; JSE: GML) has appointed former De Beers chief executive, Bruce Cleaver, as chair and independent non-executive director. Cleaver, who was at the helm…
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
Botswana confirmed on Monday market rumours that it plans to increase its shareholding in De Beers, as parent company Anglo American (LSE: AAL) prepares to spin off or sell the…
Heavy rains caused an open-pit mine collapse in Nigeria that killed at least 20 people and trapped 14 others, according to local Channels Television, which cited police. Rescuers were hampered…
Two companies are partnering to export conflict-free artisanal gold from the Democratic Republic of Congo using a blockchain-based platform. Society Artisanal, a company that works with artisanal mining cooperatives, has joined with…
Africa-focused Gemfields (LSE: GEM; JSE: GML), known by its emeralds and rubies, has produced its first resource estimate for the Nairoto gold project in Mozambique showing high grade from a…
Canadian gold major B2Gold (TSX: BTO; NYSE-AM: BTG) has agreed to sell a portfolio of 10 precious and base metals revenue shares to Sandbox Royalties, to be renamed Versamet Royalties,…
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
An underground sit-in at Sibanye-Stillwater‘s (JSE: SSW; NYSE: SBSW) Kroondal platinum operations in South Africa in its Kwezi shaft has ended, the company said, with all employees leaving the mine safely…
The price of palladium may gain in the short term if constraints on recycling tighten and car buyers remain wary of electric vehicles (EVs) because of high interest rates, the…
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed a 172.06 ct Type II white diamond at its prolific Letšeng mine in Lesotho, just days after another major find. The diamond, recovered…
As much as US$35 billion worth of gold produced by artisanal and small-scale mining in Africa, the world’s top bullion producing continent, goes undeclared and then smuggled out, a report…
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