Anglo American says Eskom poses a major risk for investors . JOHANNESBURG – South Africa’s beleaguered State power utility and regulatory uncertainty are the biggest risks for investors wanting to put their money in the country, according to Anglo American.

Th...

Up to Seriti to resolve coal supply contract with Eskom – South32 . JOHANNESBURG (miningweekly.com) – Coal mining company Seriti Resources has concluded agreements to acquire South32’s majority shareholding in South Africa Energy Coal (SAEC) for R100-million in cash an...

Barrick increases dividend following ‘robust’ third-quarter performance . Dual-listed Barrick Gold on Wednesday said it was on track to deliver production at the higher end, and costs at the lower end, of its guidance ranges for the year.

This is on the back of the miner’s...

Lower diamond prices a concern for Gem; Letšeng mining lease renewed . The Lesotho government has renewed the mining lease for LSE-listed Gem Diamonds’ Letšeng mine, CEO Clifford Elphick confirmed on Tuesday.

The terms of the renewed mining lease were agreed with the L...

De Beers cuts diamond prices by about 5% as industry crisis deepens . De Beers is taking more drastic steps to stem the crisis in the diamond industry by cutting prices across the board for the first time in years.

The company, the world’s biggest diamond producer, low...

Feasibility study proves benefits of Karowe underground expansion . The underground expansion at diamond miner Lucara Diamonds' 100%-owned Karowe diamond mine, in Botswana, is expected to not only double its mine life, but also generate significant revenue and cashflow...

Syrah produces first purified spherical graphite . PERTH (miningweekly.com) – Graphite miner Syrah Resources has announced the first production of purified spherical graphite from its battery anode material (BAM) plant, in the US.

Syrah on Monday sai...

Perseus takes Edikan-adjacent option . PERTH (miningweekly.com) – Dual-listed gold miner Perseus Mining has inked an option agreement to acquire a prospecting licence adjoining its Edikan mine, in Ghana.

The prospecting licence, which cov...

Bushveld announces strategy to work with vanadium battery manufacturers . Aim-listed Bushveld Minerals intends to establish a vanadium redox flow battery (VRFB) investment platform to lead investments for original-equipment manufacturers (OEMs) with upside potential.

The c...

Production resumes at Firestone's Liqhobong mine . Production at Aim-listed Firestone Diamonds' Liqhobong mine, in Lesotho, has resumed, after the company successfully installed rented diesel generators to power the mine's processing plant.

The diamo...