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Africa
Botswana finds 11 diamonds at Thorny River project
Botswana Diamonds (LON:BOD) said on Monday it had recovered 11 diamonds and “abundant” kimberlitic indicators from drill samples at its Thorny River project in South Africa’s...
Iron ore price drops sharply on weak Chinese demand concerns
Iron ore prices tumbled on Monday, dragged down by concerns over weak demand for the steelmaking ingredients, as markets eyed the possibility of further...
In 2020, Ghana’s mines produced 140 metric tons of gold.
China, Australia, Russia, and the United States are some of the largest producers of gold in the world. Global production of gold reached approximately...
Co-operation between artisanal miners and companies gains momentum
Artisanal and small-scale mining (ASM) has long been portrayed as a source of environmental and social problems in developing countries.
But ASM has been being...
Rare earth, uranium miners benefit from EV mania and dash of ESG
Rare earth miners and uranium producers are reaping rewards from the flood of money pouring into electrification and ESG investing themes.
Lithium producers have been more traditional...
Angola seeks to boost diamond output, negotiating with major players
Angola plans to boost diamond mining and open a new large mine in the east, aiming to produce 5.7 million carats there in 2023, or more...
Alrosa reports 49% fall in profit in 2020
Russian state-controlled diamond producer Alrosa on Tuesday reported a 49% fall in 2020 net profit to 32.2 billion roubles ($432 million) on lower sales...
Copper to stay tight on long path to new supply, top miner says
One of the world’s biggest copper companies has good and bad news for buyers hit with the highest prices in almost a decade.
On the...
Gold price to decline on cyclical recovery, higher yields – report
Gold prices have trended lower since the start of 2021, amidst rising US treasury yields and an increasingly positive outlook for the economic recovery.Investor...
China says domestic competition hurting rare earth prices
China’s rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to “vicious competition” domestically and...
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