Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) says the planned reorganization of its four gold operations in South Africa could lay off 4,022 workers — 3,107 employees and 915 contractors. The company…
Canada’s Silvercorp Metals (TSX: SVM, NYSE: SVM) has officially stepped aside from the race to control Africa-focused gold explorer OreCorp (ASX: ORR), accepting to sell its 15% stake in the company…
Shares in Altona Rare Earths (LSE: REE) gained more than a third on Tuesday after saying it had inked a deal to acquire the majority of a copper and silver…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has promoted copper executive Bold Baatar to the post of chief commercial officer, in a move deemed by analysts as a clear…
Zimbabwe said on Friday that it will launch a new currency backed by the country’s gold reserves, the latest move by President Emmerson Mnangagwa’s government to stabilize its fast devaluing currency….
The mining industry, still considered by many to be one of the most technology-adverse sectors, has embarked on a journey to revolutionize its operations that goes beyond automation and touches…
Barrick Gold’s (TSX: ABX; NYSE: GOLD) ongoing push to expand its global portfolio has prompted the company to revisit its presence in the Latin American market. The world’s second largest…
African Rainbow Minerals (JSE: ARI) is buying a 15% stake in British Columbia-focused explorer Surge Copper (TSXV: SURG) for $3.8 million, boosting the South African miner’s exposure to copper. South…
Thor Explorations (TSXV: THX; AIM: THX) has expanded its footprint in Senegal with the acquisition of two licences near its resource-stage Douta gold project. The first is a majority interest…
Paladin Energy (ASX: PDN) says it’s begun producing and drumming uranium concentrate at its Langer Heinrich mine in Namibia, adding it would now focus on ramping up operations and building…
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM;) has signed an agreement with Eurasian Resources Group (ERG), one of the world’s leading cobalt producers, for long-term supply of the metal for…
Gold Fields (NYSE: GFI; JSE: GFI) has finally achieved first production at its Salares Norte gold mine in Chile, following years of development plagued by challenges including relocating a handful…
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