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Africa

Akobo gold samples
Akobo reports improved smelting result more aligned with Segele’s potential
Updated 46 minutes ago By: Marleny Arnoldi

Ethiopia-focused gold producer Akobo Minerals has conducted a small smelting endeavour covering three days of production, which yielded 445 g of gold. The average grade was 9 g/t.  


Genmin Baniaka iron-ore mineralisation
Genmin chair provides company with A$2m loan
Updated 48 minutes ago By: Marleny Arnoldi

ASX-listed emerging iron-ore producer Genmin has executed a A$2-million loan with an entity related its nonexecutive chairperson Greg Lilleyman. Genmin can draw down the funds immediately and use... 


The De Beers name on a building
De Beers to shut down its lab-grown diamond jewellery brand Lightbox
8th May 2025 By: Reuters

De Beers plans to shut down its lab-grown diamond jewellery brand, Lightbox, and focus on natural diamonds, it said on Thursday, as the company battles weak diamond prices due to low demand and... 


Ivanhoe Mines executive co-chairperson Robert Friedland
Ivanhoe’s mining crews enter Flatreef orebody after 30 years of efforts
8th May 2025 By: Sabrina Jardim

TSX-listed Ivanhoe Mines executive co-chairperson Robert Friedland and president and CEO Marna Cloete have reported that mining crews have driven underground development into the high-grade... 


Volt to undertake gold exploration programme at Kouroussa
8th May 2025 By: Tasneem Bulbulia

ASX-listed Volt Resources is planning to undertake an initial drilling programme on the northeast section of the Kouroussa prospect, following a review of the results of the previous sampling and... 


Barrick President and CEO Mark Bristow.
Barrick’s drill bit adds 111-million gold equivalent ounces at a mere $10/oz
8th May 2025 By: Martin Creamer

The foundation of a real mining company lies in its reserve base, Barrick Mining highlighted during Wednesday’s quarterly results presentation when it displayed a slide that brought into sharp... 


WFDB supports call on US for natural diamond tariff exemption
WFDB supports call on US for natural diamond tariff exemption
8th May 2025 By: Sabrina Jardim

The World Federation of Diamond Bourses (WFDB) says it stands united with the industry-wide position to request that the US government grant a tariff exemption for natural diamond imports. The WFDB... 


An image of Steenkampskraal
Steenkampskraal mine fully funded to proceed with next phase
8th May 2025 By: Sabrina Jardim

The Steenkampskraal Monazite Mine (SMM), in the Western Cape, is now fully funded to advance its reclamation, refurbishment and laboratory operations, with funding negotiations far advanced to... 


Powerline
Concern lingers over both content of updated IRP and lack of consultation
8th May 2025 By: Terence Creamer

Serious questions continue to be raised about both the content of the Integrated Resource Plan (IRP) for electricity currently being discussed at the National Economic Development and Labour... 


An image of the Manono deposit
KoBold Metals to acquire AVZ’s interests in DRC lithium deposit
8th May 2025 By: Tasneem Bulbulia

Bill Gates-backed US company KoBold Metals and Australia-headquartered AVZ Minerals have agreed on a framework for KoBold to buy AVZ’s interests in the Manono lithium deposit, in the Democratic... 


An image of the Kagem mine
Gemfields’ Zambia mine to restart focused openpit mining
8th May 2025 By: Tasneem Bulbulia

JSE- and Aim-listed Gemfields Group announced that Kagem Mining, the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the government through the Industrial Development... 


LBMA CEO Ruth Crowell
Most LBMA refineries using gold database, the association says
8th May 2025 By: Reuters

Most gold refineries accredited by the London Bullion Market Association (LBMA) are now providing data to a digital platform launched in January to increase transparency in the industry, the... 


A dumper truck at the Gounkoto mine in Mali
Barrick CEO says he does not know where Mali is keeping miner's confiscated gold
8th May 2025 By: Reuters

Barrick Mining is spending $15-million a month to keep its Mali mine running and doesn't know where Mali's government is keeping the gold it confiscated from the Canadian company, CEO Mark Bristow... 


DHL Supply Chain Europe, Middle East Africa CEO Hendrik Venter.
Coordinated action needed to realise green hydrogen ambitions, DHL CEO highlights
8th May 2025 By: Martin Creamer

South Africa’s world-leading platinum group metals (PGM) endowment received a major boost last month when European Commission president Ursula von der Leyen referred specifically to clean energy... 


Resources Watch
Resources Watch
8th May 2025

This week: DRDGOLD stronger than ever as it hits 130-year mark at time of sky-high gold pricing; and, DRDGold says premature gold mine closure can no longer be allowed 


B2Gold completed its 2025 ice road campaign, which is a critical logistical undertaking for the Nunavut mine, one month ahead of schedule.
B2Gold nears first gold pour at Goose project
8th May 2025 By: Mariaan Webb

Precious metals miner B2Gold is closing in on a key milestone at its Goose project in Nunavut, with the first gold pour expected by the end of next month. The Vancouver-based miner said on... 


Guinea initiates process to cancel EGA's mining licence, sources say
7th May 2025 By: Reuters

The government of Guinea has initiated a process to withdraw Emirates Global Aluminium's mining licence in the West African nation, two people with knowledge of the matter told Reuters on... 


DRDGOLD's flagship Ergo plant on Johannesburg's East Rand.
Good gold price uplifts DRDGOLD revenue amid unprecedented wet weather setback
7th May 2025 By: Martin Creamer

In the three months to March 31 when gold sold in the quarter added up to 1 109 kg, the revenue of surface gold miner DRDGOLD increased on strong gold pricing, despite the impact of unprecedented... 


Barrick Mining CEO Mark Bristow
Barrick's earnings rise on higher gold price; strategic growth objectives on track
7th May 2025 By: Sabrina Jardim

TSX-listed Barrick Mining Corporation has reported a solid start to the financial year, with first-quarter earnings a share up 59% year-on-year, and says it is making significant headway on its... 


Kazera awarded $11.9m in Aftan arbitration
7th May 2025 By: Tasneem Bulbulia

Aim-listed Kazera Global has received a comprehensive and favourable ruling in binding arbitration proceedings against Namibian company Hebei Xinjian Construction, with a total award of about... 


Guns and ammunition
Mining convoy attacked in Mali on road to Allied Gold's Sadiola mine, sources say
7th May 2025 By: Reuters

A convoy transporting heavy mining equipment from the Malian capital Bamako to Allied Gold's Sadiola mine came under attack in the Kayes region over the weekend, two people familiar with the... 


Vast Resources reports additional diamonds from historical parcel release
7th May 2025 By: Tasneem Bulbulia

Aim-listed Vast Resources reports that the Kimberly Process inspection of a diamond parcel previously held in Zimbabwe has revealed an additional quantity of diamonds in the sealed parcel, the... 


An image of the JSE logo
Shuka’s secondary listing on JSE approved
7th May 2025 By: Tasneem Bulbulia

Aim-listed Shuka Minerals has received formal approval from the JSE and the South African Reserve Bank (SARB) for a secondary listing of its ordinary shares on the JSE, with trading expected to... 


Barrick completes name change, elects directors
7th May 2025 By: Schalk Burger

NYSE- and TSX-listed Barrick Gold Corporation has completed the change of its name to Barrick Mining Corporation and Société minière Barrick in French, after receiving shareholder approval at its... 


The Somair mine
Niger security forces search Orano offices and seize phones, sources say
7th May 2025 By: Reuters

Security forces in Niger have searched the offices of uranium miner Orano's local subsidiaries, seizing phones and equipment, two sources told Reuters on Tuesday, months after the French company... 


M23 rebels in the DRC
Prices of aerospace material tantalite hit two-year highs on Congo unrest
7th May 2025 By: Reuters

Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo (DRC), the world's leading producer of the mineral that... 


Gold Fields CEO Mike Fraser.
Strong gold price benefiting Gold Fields amid advances in Chile, Canada, Australia
6th May 2025 By: Martin Creamer

The benefit of the strong gold price is playing out for Gold Fields, which is generating steady cash and deleveraging the balance sheet, the first-quarter’s $335-million dividend payout... 


Copper samples
Emerging markets have an opportunity to grow their share of global copper trade
6th May 2025 By: Marleny Arnoldi

Intergovernmental organisation UN Trade and Development (Unctad) says the global copper industry is entering a pivotal phase of requiring more production but also smarter and more inclusive... 


rare earth elements
Prefeasibility work progressing smoothly on Harena’s Madagascar rare earths project
6th May 2025 By: Darren Parker

The prefeasibility study (PFS) work on London-listed Harena Resources’ 75%-owned Ampasindava rare earths project, in Madagascar, is progressing at pace. The company added on May 6 that initial work... 


Power lines
Zambia regulator approves $270m Congo transmission link
6th May 2025 By: Bloomberg

Zambia’s energy regulator approved the construction of a high-voltage transmission line to link its copper rich North-Western province to the Democratic Republic of Congo. The $270-million... 


A gold pour
Safe-haven demand lifts gold to two-week peak, focus on Fed meet
6th May 2025 By: Reuters

Gold prices rose to a two-week high on Tuesday, as tariff threats from US President Donald Trump lifted demand for the safe-haven metal, while the Federal Reserve's policy decision this week was... 


coal haul truck
Coaltech to launch GHG management, reporting framework for coal sector
6th May 2025 By: Darren Parker

With support from key industry players, a new initiative led by nonprofit research organisation Coaltech will see the development of South Africa’s first sector-wide framework for managing and... 


dump truck
Mining input costs moderating but significant pressures remain – Minerals Council
6th May 2025 By: Darren Parker

Although mining input costs have moderated in the first quarter of this year compared with the same period in 2024, significant pressures remained, the Minerals Council South Africa revealed on May... 


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