CHINA’S Zijin Mining Group is to buy the Akyem Gold Mine Project in Ghana from US miner Newmont Corp. for $1bn, said Reuters citing an announcement from the companies on Wednesday. The sale is a part ...

WEST African Resources (WAF) said on Tuesday it had received assurance from the Burkina Faso government that its mining licence would not be withdrawn. This follows comments by Ibrahim Traore, Burkina ...

THUNGELA Resources said it was still on the hunt for offshore metallurgical and thermal coal assets but Anglo American’s Australian assets weren’t on its list. “It’s a bit too large for us,” said July ...

COPPER producers have warned the price of the metal will become volatile as the industry struggled to bring new supply online ...

THE gold price would rally towards $2,800 per ounce and break through $3,000 next year as central banks led by the US Federal Reserve embraced monetary policy easing, said UBS, the Swiss bank. A ...

THERE is not a single charging station for electric vehicles (EVs) in Wyoming, a predominately rural state in the mountainous west of the US where people tend to drive large distances. “A lot of ...

AFRIMAT warned shareholders it was set to report a heavy decline in interim headline earnings owing to lower iron ore sales and a weaker average price. The group, valued at about R10bn in Johannesburg ...

THERE might be one more opportunity for Anglo American to sell off more shares in Anglo American Platinum (Amplats) before it demerges the company “during the course of next year”, according to Anglo ...

SOUTH African asset manager Public Investment Corporation (PIC) has signed an agreement to cooperate with Dubai’s International Resources Holding (IRH) aimed at breathing life into underperforming ...

Rough diamonds sit on a sorting table during the grading process. LUCARA Diamonds announced on Monday it had sold its digital diamond sales channel as it focussed on the commissioning of Karowe mine’s ...

ANGLO American CEO Duncan Wanblad didn’t believe his group would fall victim to a takeover once he had completed a radical restructuring of the historic mining house. “I don’t believe this is ...