17.6 C
Harare

Africa

Gold faces worst month in eight; palladium recovers

Gold steadied on Friday, but was headed for its worst month since August 2018 predominantly on stronger dollar and equities, while palladium bounced back...

Madagascar emerging as global hub for battery-suitable graphite

If you haven’t seen the popular animated film franchise, you’d be forgiven for not knowing much about Madagascar, but that could be changing very...

Firestone Diamonds halts Liqhobong mine expansion plans

Africa-focused Firestone Diamonds (LON:FDI) has put plans to extend the life of its 75%-owned Liqhobong mine in Lesotho on the back burner, saying that current...

AngloGold to go ahead with underground expansion of Tropicana

Joint venture partners AngloGold Ashanti (JSE:ANG) (NYSE:AU) and Independence Group (IGO) have approved $79.3 million underground expansion at their Tropicana gold mine in Western Australia.The project, dubbed...

Bell tolls for gold mine that once powered South African economy

The final demise of South Africa’s gold industry came a step nearer on Wednesday with the announcement that Sibanye Gold Ltd. won’t extend the...

African mining firms seek charter changes over past black ownership deals

Mining companies have requested a judicial review of South Africa's 2018 mining charter to change clauses related to transactions made in the past to...

Sibanye-Stillwater considering changing primary listing

South Africa's Sibanye-Stillwater will explore changing its primary listing in a bid to access more capital as it explores growth opportunities outside its home...

NEP, ethical investors join miners’ quest for global tailings rules

The International Council on Mining and Metals (ICMM), a London-based industry group representing 27 major companies, said Wednesday it was working with the United Nations Environment...

Gold steadies after declining the most previous session

Gold steadied on Wednesday, after declining the most in nearly two weeks in the previous session, as a firm dollar offset bullion’s gains emanating...

Palladium prices drop the biggest in 2 years

Palladium prices plummeted around 7 percent on Wednesday, the biggest daily percentage drop in more than two years, as investors worried that prices had...

Recent articles

spot_img
error: Content is protected !!