Glencore shareholders revolt over CEO’s pay
Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief…
Africa
Giyani updates PEA for Botswana manganese project
Giyani Metals Corp. (TSXV: EMM) has updated a preliminary economic assessment (PEA) based on a larger inferred resource estimate for the company’s flagship Kgwakgwe Hill…
NextSource partners with processors in Tesla supply chain to build battery anode plant
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) — which is developing its large flake graphite project in Madagascar and is backed by Sir Mick Davis’ Vision…
US markets mixed, March 29-April 1
The Dow Jones Industrial Average rose 0.24% to finish the week at 33,153.21 and the S&P 500 fell 0.77% to 3,913.10. Spot gold dropped US$3 per…
Congo launches state-owned cobalt miner
The Democratic Republic of the Congo (DRC) has officially begun operations at Entreprise Générale du Cobalt (EGC), a state-owned company with monopoly rights to the…
Ivanhoe working towards accelerating Phase 3 expansion at Kamoa-Kakula copper mine
The Canadian miner wants to accelerate the Phase 3 concentrator expansion from 7.6 million tonnes per annum to 11.4 million tonnes per annum.
Ghana terminates Resolute Mining’s Bibiani lease
Resolute Mining (LSE: RSG; ASX: RSG) is seeking legal advice after its mining lease for the Bibiani gold mine in Ghana was terminated and the…
Exploration boom in West Africa challenged by lack of services — report
The West African mining industry has seen significant fundraising activity since October last year, driven by higher metal prices and the need to meet a…
Lucapa Diamond boosts Lulo mine resource by 35%
Australia’s Lucapa Diamond (ASX: LOM) has reported a 35% increase in the resource carats at its Lulo diamond mine in Angola, where the company found a 113-carat…
Roxgold extends mineralisation at Seguela in Cote d’Ivoire
Since its discovery in September 2020, the Koula deposit at Roxgold’s (TSX: ROXG; US-OTC: ROGFF) Seguela gold project in Cote d’Ivoire, 240 km northwest of Yamoussoukro,…
Sudan to reopen gold mines once linked to warlord’s family
The North Darfur mines were handed over to the government in May 2020.
Nonferrous metals exploration budget down by 11% in 2020 – S&P report
The global budget for nonferrous metals exploration was $8.7 billion in 2020 down from the $9.8 billion registered in 2019.