Rio to ship Guinea iron ore this year; sells Winu stake
Rio Tinto (NYSE, LSE, ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou, told…
Africa
Sibanye’s Finland lithium project cost rises 17%
South African miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has raised the projected cost of its Keliber lithium project in Finland by 17% to €783 million (US$880 million), citing regulatory changes,…
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Gemfields to resume emerald mining in Zambia
Coloured precious stones miner Gemfields (LSE: GEM; JSE: GML) is to resume open-pit mining at its 75%-owned Kagem emerald mine in Zambia, ending a four-month pause triggered by weak market…
Gates, Bezos-backed KoBold eyes DRC lithium project
KoBold Metals, the mining startup backed by Bill Gates and Jeff Bezos, says it plans to invest $1 billion in the Democratic Republic of Congo after inking a framework deal…
Barrick cuts ‘Gold’ from name as metal prices fuel profit
Canada’s gold giant Barrick (TSX: ABX; NYSE: GOLD) has officially changed its name to Barrick Mining Corporation, or Société minière Barrick in French, and reported stronger-than-expected first-quarter profit that was…
Newcore Gold rises on strong assays at Enchi in Ghana
Drilling by Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) at its Enchi project in southwestern Ghana has returned results as high as 15 metres grading 3.83 grams gold per tonne. Shares rose….
Gold Fields, AngloGold pause Ghana JV talks
Gold Fields (JSE, NYSE: GFI) and AngloGold Ashanti (JSE: ANG; NYSE: AU) have paused their plan to merge the Iduapriem and Tarkwa operations in Ghana under a joint venture that…
US seeks Congo-Rwanda peace deal in 2 months: Reuters
The United States is actively pushing for a peace accord between Democratic Republic of Congo (DRC) and Rwanda, with the aim of having both sign an agreement at the White…
Ivanhoe Mines shares rise on strong Q1 results
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) surged to its highest in a month Thursday after the Canadian miner posted strong results for the first quarter of 2025. For the three-month…
Copper surplus to more than double in 2025: ICSG
The global copper market is expected to see a significant surplus over the next two years as U.S. tariffs’ negative impact on demand outweigh supply growth, the International Copper Study…
Barrick’s Mali contractors in layoffs amid name change
The miner plans to become Barrick Mining Corporation next week.