Global Atomic gains on Niger project reassurance
Global Atomic (TSX: GLO; US-OTC: GLATF) shares jumped on Wednesday after the company reiterated that its main uranium project, Dasa in Niger, is advancing on schedule and has strong government…
Africa
Sibanye-Stillwater CEO Froneman to retire
Neal Froneman, the founder and longtime CEO of Sibanye-Stillwater (JSE: SSW; NYSE: SBSW), will retire at the end of September after 12 years at the helm. He is to be…
Robex secures Mali OK for Nampala mine deal
Canada’s Robex Resources (TSX-V: RBX) has become the latest mining company to finalize a new agreement with Mali, securing continued operations at its Nampala gold mine. The deal incorporates an…
Barrick considers Mali care and maintenance
Barrick Gold (NYSE:GOLD; TSX:ABX) is considering care and maintenance for its suspended Loulo-Gounkoto mine in Mali where the junta seized its gold stockpiles and still holds four employees, according to…
Barrick and Mali halt talks without deal
Barrick Gold (TSX:ABX; NYSE:GOLD) and the Malian government have suspended negotiations before resolving a drawn-out dispute over payments from the country’s largest gold mine. Mali is seeking a settlement payment…
Novare to fund $100M critmin refinery, Africa’s first
ReElement Technologies, a subsidiary of American Resources (NASDAQ: AREC), has partnered up with Johannesburg-based investment firm Novare to build a $100-million (C$70-million) critical and rare earth elements refinery. Under the…
Kodal kicks off Bougouni lithium output in Mali
Kodal Minerals (LSE: KOD) has started spodumene concentrate production at the Bougouni project in southern Mali, the country’s second lithium mine to begin operations in less than two months. The milestone…
Middlemen siphon billions from war-ravaged DRC’s cobalt, coltan trade
Middlemen and local militias steal billions from the Democratic Republic of Congo’s (DRC) cobalt and coltan trade, fuelling conflict and leaving the nation poor, according to a political analyst. The…
Anglo American nears De Beers spinoff
Anglo American (LSE: AAL) is moving closer to spinning off its diamond unit, De Beers, after the government of Botswana confirmed interest in increasing its stake in the world’s leading…
JV article: PSA and Pronto Xi ERP software power big mines like Blackwater in BC
More than 400 mining companies worldwide depend on Pronto Software’s Pronto Xi ERP to increase efficiencies through streamlined operations and smarter resource management. Toronto-based Pronto Solutions Alliance (PSA) is widely…
Barrick’s global gold reserves rise 23%
Barrick Gold (TSX: ABX, NYSE: GOLD), whose stock price has lagged that of rivals amid woes in Africa and elsewhere, said global gold reserves jumped 23% last year after a…
Anglo American to review De Beers value amid weak diamond demand
De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024.