Anglo posts $3.7B loss on fresh De Beers writedown
Impairment reduces De Beers’ value, bringing total writedowns for the diamond unit to $6.8 billion in 2025.
Africa
CHARTS: US copper glut hides refining crunch
The United States produces more raw copper than it consumes but lacks the processing capacity to turn it into usable metal, leaving manufacturers dependent on foreign refiners, a new report…
Glencore doubles down on copper, keeps M&A in play
Glencore (LSE: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…
Bullion rally has legs, Scotiabank says
Sustained central bank buying, heightened geopolitical uncertainty and rising investor flows into exchange traded funds are some of the main factors that could keep propelling gold higher over the coming…
Niger returns Orano uranium, Mali renews Barrick licence as Sahel states adjust
Military governments in Africa’s troubled Sahel region are taking separate steps that may ease concerns over resource nationalism. Niger plans to return uranium to France’s Orano while Mali is extending…
Indaba: How AI in mining is like self-driving cars
The planet’s most advanced artificial intelligence isn’t a chatbot, it’s a robotic vehicle, and Stanford University researchers say mining should pay attention. A team at Stanford’s Mineral-X initiative, led by…
Roundup Video: Enchi results impress as Newcore advances PFS
Newcore Gold (TSXV: NCAU; US-OTC: NCAUF) expects to deliver a pre-feasibility study on its Enchi gold project in Ghana by this summer, as drilling starts to point to higher-grade potential…
Indaba: New Cold War for minerals tests Africa’s ability to leverage huge resources
Africa’s vast critical-mineral endowment has thrust the continent to the centre of intensifying rivalries between the United States, China and other powers, but its future will depend more on governance…
Fortuna’s Sunbird deposit results lift Séguéla prospects
Drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla mine in Côte d’Ivoire confirms that high-grade mineralization remains open at depth in the Sunbird deposit, one of the richest targets that…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…
Indaba: South Africa ties mining reform to continent’s $30T industrialization push
South Africa has begun deploying its critical minerals strategy and overhauling key regulations as part of a push to revive exploration, expand downstream beneficiation and fix infrastructure bottlenecks, ministers said…
Uranium market gathers momentum in 2026: Sprott
The global uranium market entered 2026 with strong momentum, with spot prices surging by about a quarter in January to above $100 per lb. for the first time in two…