Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…
Africa
Anglo American to halve indirect emissions by 2040
Anglo American (LSE: AAL) aims to halve its indirect greenhouse gases, known as Scope 3 emissions, by 2040 while it continues to boost the use of renewable energy across its…
Sibanye-Stillwater takes stake in Australia’s New Century Resources
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings…
Sibanye-Stillwater buys nickel-copper mines in Brazil for US$1 billion
South Africa’s Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is buying two nickel and copper miners in Brazil from private equity firm Appian Capital in a US$1 billion deal that boosts the company’s growing battery materials…
Colombian regulator shelves AngloGold’s permit request for Quebradona
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) said today that Colombia’s environmental regulator or ANLA, its initials in Spanish, had shelved the permit application for its Quebradona copper-gold project. …
First Labola resource underpins the making of a new regional explorer
Exploration and mine development company Diamond Fields Resources (TSXV: DFR) says a privately held company it intends to acquire has completed an initial resource estimate on the Labola gold project…
B2Gold to sell Burkina Faso project to West African Resources
B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia’s West African Resources (ASX: WAF) for cash and shares. Kiaka…
Denison to sell GoviEx shares and warrants
Denison Mines (TSX: DML; NYSE-AM: DNN) is selling 32.5 million common shares it holds in GoviEx Uranium (TSXV: GXU; US-OTC: GVXXF) at 48¢ per share to one of the junior…
Upward trend in global exploration budget to continue in 2022 – report
The aggregate annual global exploration budget is expected to increase between 5% and 15% year over year for 2022, a new report by S&P Global Market Intelligence states. The market…
Ivanhoe keeps DRC copper mine expansion ahead of schedule
Kamoa-Kakula Phase 2’s concentrator plant is now expected to begin full operations in Q2 2022.
De Beers sells first traceable diamonds under GemFair
Anglo American’s De Beers, the world’s largest rough diamond producer by value, has sold the first roughs produced under the GemFair program, aimed at removing conflict diamonds from the market…
Thor’s Segilola gold mine reaches commercial production
The Segilola project is considered Nigeria’s most advanced gold project.