Anglo American announces its plan to divest De Beers, responding to market challenges including price slumps and the rise of lab-grown diamonds.
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Lucapa Diamond plans to divest its majority stake in Lesotho’s Mothae mine, streamlining operations to focus on core mining assets in Africa and Australia.
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Gold prices surged on Wednesday, reaching their highest level in nearly a month, as data indicated cooling inflation and sluggish retail sales in the United States. These figures bolstered expectations of an interest rate cut by the Federal Reserve later this year, which typically strengthens the appeal of gold.
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Anglo American announces a major restructuring plan, separating its platinum unit and rejecting BHP’s bids, as South Africa’s elections loom, stirring political and economic debate.
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Delve into the battle between Anglo American and BHP, where CEOs Mark Cutifani and Mike Henry clash over the future direction of the mining industry
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Anglo American announces plans to demerge its platinum and diamond businesses, aiming to focus on core, high-margin operations.
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Hochschild Mining (LSE:HOC), a London-based mining company, is celebrating a significant milestone in its expansion to South America. The company’s Mara Rosa gold mine in Brazil has achieved commercial production ahead of schedule, exceeding expectations and positioning Hochschild for further growth in the region.
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Kefi Gold and Copper gears up for imminent construction at Tulu Kapi, Ethiopia, with gold production expected to commence by mid-2026.
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Goldplat’s third quarter shines with a £1.6 million operating profit, primarily driven by robust performance in Ghana despite challenges in South Africa.
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Zimbabwe is emerging as a hub for lithium mining in Sub-Saharan Africa, with its abundant reserves and favorable investment climate attracting attention from international mining companies.