Gem Diamonds’ Letšeng mine yields 212.9-carat stone
Africa-focused miner Gem Diamonds (LSE: GEMD) has found yet another big precious stone at its prolific Letšeng mine in Lesotho, the third greater than 100-carat diamond mined in September. The…
Africa
CHART: Global mining and metals – a reality check
A new report by McKinsey’s energy and materials practice outlines a global mining and metals industry emerging from a few years of boom and bust and price fluctuations the consulting…
Asante Gold grows Bibiani output with third satellite pit
Asante Gold (CSE: ASE) has begun mining from the Russel starter pit at its Bibiani gold mine in Ghana, after receiving all necessary permits earlier this week. The company is…
Atlantic Lithium within ‘touching distance’ of building Ghana’s first lithium mine
Atlantic Lithium (AIM: ALL; ASX: A11) reported a $12.4 million loss for the year ending June 2024, up slightly from the previous year’s loss of $11.5 million, as the company…
Midnight Sun solves Zambian licence error
Midnight Sun Mining (TSXV: MMA) says the Zambian government admits making a mistake in June when it posted the rejection of an exploration licence renewal for the company’s main Solwezi copper…
Lucara unearths sixth diamond larger than 1,000 carats at Karowe mine
Last month, the miner unearthed the second-largest diamond ever found.
B2Gold shares rise amid deal with Mali on Fekola mine
B2Gold (TSX: BTO; NYSE-A: BTG) has reached agreement with the government of Mali to resolve all issues surrounding the Fekola mine complex and related projects in light of the application…
South Africa’s platinum output back to pre-Covid levels on job cuts
The World Platinum Investment Council says more than 10,000 Jobs have been lost in 2024 amid falling PGMs prices.
Gem Diamonds unearths 126.2-carat stone from Letšeng mine in southern Africa
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed yet another large white diamond at its prolific Letšeng mine in Lesotho. The 126.21 carat type II white diamond is the 12th greater…
AngloGold Ashanti to buy Centamin for US$2.5 billion
Deal hands AngloGold Egypt’s largest and first modern gold mine, and will make it the world’s no.4 producer of the precious metal.
EV slump powers platinum supply deficit, miners say
The third-lowest platinum mining output this century can’t keep up with rising investment demand, jewelry and a sustained traditional car market using catalytic converters, according to an industry group. A…
SQM deal with Andrada taps into Namibian lithium
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, has entered into a three-stage earn-in agreement with South Africa-based Andrada Mining (LSE: ATM) to jointly develop the Lithium Ridge asset…