In a startling turn of events, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) confirmed today that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. The Malian government executed an interim attachment order, moving the existing gold stock to…
Unveiling a Major Financing Move to Power Future Expansion Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) has announced a significant milestone in its growth journey with the launch of a $600 million senior notes offering due 2030. These senior unsecured obligations,…
The illegal exploitation of mineral resources in Karhembo, South Kivu, has ignited a storm of outrage. According to a damning communiqué by Civil Society Organizations (CSOs), 17 Chinese nationals implicated in illicit gold mining and bribery were shockingly released without…
By Leon Kafitwe Kamoa-Kakula’s copper production soared to a record-breaking 437,061 tonnes in 2024, marking a 12% year-on-year growth fueled by the ramp-up of its Phase 3 concentrator in the Democratic Republic of Congo (DRC). This stellar performance included a…
Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) faces a significant operational hurdle as restrictions continue to prevent the export of gold from its Loulo-Gounkoto mining complex in Mali. An interim attachment order further compounds the issue by freezing the existing gold stock on…
Government reports that a number of illegal miners, known as Zama Zamas, have voluntarily surfaced from the disused mine shafts in Stilfontein. According to the National Joint Operational and Intelligence Structure (NATJOINTS), these individuals have demonstrated the capability to exit…
The International Chamber of Commerce (ICC) tribunal has delivered a landmark decision rejecting the Democratic Republic of Congo’s (DRC) jurisdictional objections in its ongoing arbitration with Centurion Law Group (CLG). This pivotal ruling allows CLG to move forward with claims…
Sibanye-Stillwater, a leading multinational mining group, has announced a groundbreaking $500 million (R8.8 billion) streaming agreement with Franco-Nevada Corporation. This innovative financing deal secures future streams of gold and platinum from Sibanye-Stillwater’s Marikana, Kroondal, and Rustenburg operations. According to Neal…
Barrick Gold Corporation (NYSE: GOLD, TSX: ABX) has initiated arbitration proceedings against the State of Mali over a dispute regarding its Loulo-Gounkoto mining complex. Operating entities Société des Mines de Loulo SA and Société des Mines de Gounkoto SA have…
On December 10, 2024, Glencore CEO Gary Nagle met with DRC President Félix Tshisekedi and Prime Minister Judith Suminwa in Kinshasa to reaffirm the company’s commitment to the country’s economic and social development. With over 17,000 employees, Glencore has been…
