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Africa

Implats earnings up nearly 400% on weak rand, costly metal

South Africa’s Impala Platinum’s (Implats) annual earnings jumped by nearly 400% after higher metal prices and a weaker rand offset the impact of the...

De Beers uses geofencing to protect crew on world’s largest offshore diamond mining vessel

A new IoT solution that provides geofencing to maintain safe work distances for crew operating heavy equipment has been installed at De Beers’ marine...

Striving for green recovery, EU adds lithium to critical materials list

The European Union needs to diversify its sources of materials, ranging from silicon to rare earths, the Commission said, an issue highlighted after global...

Nigeria says can tap mineral wealth despite covid-19, unrest

Nigeria aims to have 50 mines in operation by 2023 and can make up for time lost because of the impact of Covid-19 on...

Cobalt prices surge on electronics boom, tight supply

Benchmark Mineral Intelligence reports cobalt hydroxide prices surged by more than 22% to more than $26,000 per tonne in August from July, while cobalt...

Danakali flags improvements to Eritrea potash project

Australia’s Danakali (ASX, LON:DNK) said on Wednesday it has completed an updated process plant and infrastructure study for its Colluli potash project in Eritrea, which has...

Ivanhoe expects first copper at Kakula in less than a year

Canada’s Ivanhoe Mines (TSX:IVN) expects to begin producing copper at its Kakula project in the Democratic Republic of Congo in less than a year, as...

Weak dollar ignites gold

Gold is rebounding, with Comex futures climbing back to US$2 000 an ounce, as the dollar extended its slump and investors bet US interest...

Virtual reality gaming moves into mine safety training

Training miners for real-life blasting experiences often involves taking workers up to 3,000 feet underground, and actual training can be tedious, costly, and dangerous.In...

Gem Diamonds finds 233 carat rough at Letšeng mine

Africa-focused Gem Diamonds (LON: GEMD) has found a 233-carat type II white rough at its iconic Letšeng mine in Lesotho.The finding follows the discovery of a 442-carat...

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