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Aim-listed gemstone miner Gemfields has generated $31.7-million in revenue from a mixed-quality rough ruby auction held between June 2 and 13. The company managed to sell 78 of the 90 lots, or...
Ahead of ASX-listed Lotus Resources restarting production at the Kayelekera uranium mine, in Malawi, the company has advanced with cold commissioning of the plant and is due to complete hot...
London-listed rare earths developer Pensana has signed a memorandum of understanding (MoU) with Japanese multinational Toyota subsidiary Toyota Tsusho for the proposed offtake of up to 20 000 t/y...
TSX- and JSE-listed Eastern Platinum (Eastplats) has advised shareholders of a cybersecurity incident affecting its internal IT systems. Eastplats took immediate containment measures to protect...
Tin producer Andrada Mining has secured additional supply from a tin orebody at Goantagab in close proximity to the company’s operating Uis mine and processing facility, in Namibia. The orebody,...
Central banks have accumulated more than 1 000 t of gold in each of the last three years, up significantly from the 400 t to 500 t average over the preceding decade, according to the World Gold...
Manganese developer Element 25 has secured a senior debt facility of up to A$50-million from the Northern Australia Infrastructure Facility (NAIF), supporting the planned expansion of its...
Appian Capital Advisory has named mining executive Rob Atkinson as its new senior operating partner, strengthening the investment firm’s operational and technical capabilities as it continues to...
Eskom has confirmed that it has a 5 GW pipeline of so-called ‘repowering’ projects at various stages of development on the sites of six coal power stations, including Komati, which has already...
In a major boost for sustainable mining and South Africa’s clean energy ambitions, Mzansi Energy Consortium has signed a 12-year power purchase agreement with Palabora Mining Company (PMC) in...
Western nations will take years to develop enough rare earth processing capacity to limit China’s dominance over the critical ingredients, according to industry veteran and former Molycorp boss...
Mali began construction of a new Russia-backed gold refinery on Monday, which the West African country's military leader said would take it closer to asserting control over its natural resources....
Business Leadership South Africa CEO Busisiwe Mavuso has said she was “astounded” to see news last week of State-owned Transnet's capitulation to unions’ strike threats, eventually agreeing to give...
Giyani Metals Corp, the developer of the K.Hill battery-grade manganese project, in Botswana, has received a nonbinding letter of interest (LoI) from the US government's export credit agency the...
NeoSmelt, an Australian joint venture (JV) formed to advance lower-emissions steelmaking from Pilbara iron-ore, has secured fresh federal funding and welcomed two new partners to its...
Gold is expected to sink back below $3 000 an ounce in the coming quarters as a record-setting rally runs out of steam, according to Citigroup Inc., calling time on one of the standout rallies in...
Deep-sea mining firm The Metals said on Monday that South Korean refiner Korea Zinc will invest $85.2-million, giving a boost to the company's plans to supply critical minerals for the US energy...
Diamond miner Diamcor Mining has received a Section 244 notice under the Canadian Bankruptcy and Insolvency Act, after failing to repay a C$3.51-million loan to jeweller Tiffany & Co Canada. The...
Australia set new guidelines on the types of projects eligible for sustainable finance, aiming to accelerate investment in emissions reduction in polluting industries like agriculture, mining and...
The International Finance Corporation (IFC) will provide a $400-million subordinated loan for Pakistan’s Reko Diq copper/gold mine, according to an IFC disclosure on Friday. The loan adds to a...
Abu Dhabi National Oil Company, preparing an $18.7-billion bid for Santos, is likely to face close scrutiny from Australian regulators worried about local gas supply, but could win them over with...
ASX-listed West Wits Mining, which has gold mining assets in South Africa, has received firm commitments to raise A$14.36-million through a share placement to existing and new sophisticated and...
Critical Metals has received a letter of interest from the US Export-Import Bank (EXIM) for a loan worth up to $120-million to fund the company's Tanbreez rare earths mine in Greenland, in what...
Ecuador's mining ministry announced on Monday the launch of a new registry of concessions for the first time in seven years in an effort to attract more mining projects to the South American...
Canada's Hudbay Minerals said on Monday it has resumed operations at its Snow Lake mining site in Manitoba following the lifting of evacuation orders in the region. Manitoba declared a state of...
Group of Seven leaders on Monday provisionally agreed on a strategy to help protect the supply of critical minerals and bolster their economies, according to a draft statement seen by Reuters. The...
US President Donald Trump said on Monday a new economic deal with Canada was possible but stressed tariffs had to play a role, a position that the Canadian government strongly opposes. Canadian...
Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report...
Botswana's Debswana Diamond Company is looking to international capital markets to help fund its $6-billion Jwaneng underground project, a director said on Monday, as dwindling revenues have...
Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership. A former Malian...
Mali's government will establish a State-controlled gold refinery with Russia's Yadran to boost bullion revenue as West African nations aim for greater resource returns amid rising commodity...
London-listed Altona Rare Earths has signed a nondisclosure agreement (NDA) with an international critical metals industry group for potential strategic investment in the Monte Muambe rare earths...
Zambia is strengthening transparency and accountability to make sure that natural resources improve the lives of all of its citizens. It gives easy visibility to the level of natural resource...
As South Africa faces mounting economic pressure, exacerbated most recently by the International Monetary Fund’s (IMF’s) latest downgrade, corporate social responsibility (CSR) is a strategic...
A World Bank-linked climate fund has backed South African plans to cut its reliance on coal, unlocking up to $2.6-billion in financing and giving the nation’s energy transition an unexpected boost....
JSE-listed platinum group metals (PGMs) producer Northam Platinum Holdings has advised of a successful private placement of new domestic medium-term notes valued at R5.7-billion. The notes issue...
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