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Democratic Republic of Congo will subject major mining companies to annual audits of subcontracting practices and compliance with local-content requirements from 2027, as authorities step up efforts to increase business for Congolese-owned firms, the head of the country's subcontracting regulator told Reuters. The worl
A newly published scoping study on ASX-listed Critica's Mt Lindsay tin/tungsten project in Tasmania finds the proposed one-million-tonne-a-year underground mining and processing development has an after-tax net present value of about A$1.01-billion, an internal rate of return of 56% and payback period of about 1.9 year
The London Bullion Market Association (LBMA) will defend itself in London's High Court from October 7 against a claim that it owed a duty of care to two Tanzanian artisanal miners allegedly killed at the North Mara gold mine in 2019. The case marks a legal challenge to a 276-year-old system that determines which gold b
Ratings agency Moody's on Friday downgraded Botswana's domestic- and foreign-currency long-term issuer ratings to "Baa2" from "Baa1", citing an expected deterioration in the country's public finances. The move marks Botswana's second downgrade by Moody's in less than a year, leaving the sovereign just two notches above
Canada's Barrick Mining has signed a new collective bargaining agreement with unions representing workers at its Loulo-Gounkoto gold mine in western Mali, a company spokesperson and a union official said on Sunday, easing the threat of a strike. "We confirm that we have signed a new Collective Bargaining Agreement with
From Monday, September 28, China will give international investors access to trading in palladium and platinum on the Guangzhou Futures Exchange (GFEX), where domestic exchange activity has been improving price discovery since the launch in November last year. Now, the GFEX’s investment scope is reaching out to foreign
While total demand for platinum is forecast to decrease this year, there are industries that stakeholders can leverage and strengthen, while market fundamentals still support the metal as a compelling investment. Industry organisation the World Platinum Investment Council's (WPIC's) ‘Platinum Quarterly’ report for the
Diamond miner De Beers Group’s 2025 Sustainability Report has outlined progress in its ‘Building Forever’ sustainability framework, with advances in livelihoods, nature conservation, climate action and diamond provenance. Key achievements highlighted include reducing Scope 1 and 2 carbon emissions by 14% since 2021, pr
Ghana's Environmental Protection Authority has issued a pre-closure notice to Chinese-owned Cardinal Namdini Mining over an alleged unreported accident as it ramps up enforcement across the mining sector, a senior regulator said. EPA Deputy Chief Executive for Operations Michael Ayamga also told Reuters the authority i
Norwegian hydrogen company Nel Hydrogen's US subsidiary has secured a $12-million purchase order for proton exchange membrane (PEM) electrolyser stacks from Collins Aerospace. The aviation and defense technology will use the PEM stacks to generate oxygen for life-support systems used on US submarines.
Gold prices could face further pressure in the coming days as rising US Treasury yields and expectations of additional Federal Reserve rate hikes sap demand for the non-yielding metal. Spot gold fell as much as 4% to $4 111/oz on Monday, its lowest since August 5, as oil prices climbed amid a stalemate in US-Iran talks
Gold Fields has more than doubled free cash flow in the last 12 months; Northern Star has suffered free cash flow decline in the same period despite the gold price rise. Gold Fields has a settled leadership team; Northern Star has a CEO, CFO and chief development officer transition underway during a period of project e
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