The European Union (EU) has banned the purchase, import and transfer of gold from Sudan, saying the trade has become a key source of financing for the country's civil war that erupted in April 2023. The conflict between the regular army and the paramilitary Rapid Support Forces (RSF) has triggered one of the world's worst …
De Beers will suspend production at its Venetia mine, South Africa’s highest-value diamond operation, for two years as the company cuts costs and streamlines its business to withstand a prolonged downturn in the rough diamond market. The Anglo American controlled diamond producer said the pause will reduce and defer spending on Venetia’s underground expansion while …
The Minister of Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has stated that his intervention helped resolve the dispute between Azumah Resources Ghana Limited and Engineers & Planners (E&P), adding that he is not aware of any ongoing arbitration proceedings between the two companies. The Minister made the clarification in response to a public inquiry …
Tax authorities in the Democratic Republic of Congo sealed off offices belonging to a Glencore Plc-owned copper mine, escalating a row over payments allegedly owed to the state. The government agency, known by its French acronym DGI, shut Kamoto Copper Co.’s offices in the city of Kolwezi on Thursday, according to people familiar with the …
Gold’s slide back below $4,000 an ounce wipes out most of mining’s 2026 gains, but the old guard of diversified giants – led by a resurgent BHP – is staging a comeback. At the end of the second quarter the MINING.COM TOP 50* ranking of the world’s most valuable miners had a combined market capitalization …
The Gold Fields Ghana Foundation has enrolled 105 additional cocoa farmers onto its Cocoa Farmers Support Programme, expanding the initiative to a total of 205 beneficiaries across its host communities. The newly enrolled farmers received fertilisers, fungicides, insecticides and other essential farm inputs to improve cocoa production and protect their crops. As part of the …
Sierra Leone has launched a National Strategy for Critical Minerals (2026–2031) aimed at responsibly developing its critical mineral resources, attracting credible investment, advancing green industrialisation and strengthening governance in the mining sector. The strategy, issued by the Minister of Mines and Mineral Resources on Thursday, provides a five-year framework for identifying, prioritising and managing the …
Azumah Resources Ghana Ltd has rejected media reports claiming that foreign investors have been ordered to retake control of the Black Volta Project, describing the publications as false and misleading. In a statement issued on Thursday (9 July), the company's Board and Management said reports published by Semafor Africa and reproduced by Myjoyonline.com misrepresented ongoing …
South Africa’s mining sector remains one of the most resource-endowed in the world, yet its performance tells a very different story. Despite benefitting from global commodity cycles and strong mineral reserves, the sector has failed to translate opportunity into sustained growth. In real terms, mining output is smaller today than it was in 1994, a …
Major cobalt producers in the Democratic Republic of Congo risk losing some of their first-half export quotas due to an administrative glitch affecting a customs platform, according to industry officials and a letter seen by Reuters. Due to new directives withdrawing unused quotas, the disruption threatens exports of the battery metal from leading global producers …
