Articles

  • 1 week ago | mining.com | Cecilia Jamasmie

    The global diamond industry is undergoing a rapid and unprecedented collapse, according to tech entrepreneur and mining advisor Leanne Kemp, though some industry analysts argue that while the downturn is severe, is not terminal. Plunging revenues, halted operations and growing doubts about diamonds’ cultural and economic relevance, are just some of the symptoms cited by Kemp, who insists the industry isn’t just slumping. She said it’s “disassembling”.

  • 1 week ago | northernminer.com | Cecilia Jamasmie

    Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), began trading as a standalone entity on the Johannesburg Stock Exchange on Wednesday, marking the official demerger from parent company Anglo American (LSE: AAL). The miner, the world’s biggest producer of the precious metal by value, will also have a secondary listing on the London Stock Exchange from next Monday.

  • 1 week ago | mining.com | Cecilia Jamasmie

    Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), began trading as a standalone entity on the Johannesburg Stock Exchange on Wednesday, marking the official demerger from parent company Anglo American. The miner, the world’s biggest producer of the precious metal by value, will also have a secondary listing on the London Stock Exchange from next Monday.

  • 1 week ago | northernminer.com | Cecilia Jamasmie

    Harmony Gold (JSE: HAR; NYSE: HMY), South Africa’s top gold producer by volume, has agreed to acquire MAC Copper (ASX: MAC; NYSE: MTAL) for $1.03 billion, accelerating its strategic shift into copper through a key Australian asset. The all-cash deal would give Harmony full ownership of MAC’s only asset, the CSA copper mine in central western New South Wales. CSA is among Australia’s highest-grade and oldest operating copper mines, with a history stretching back nearly 150 years.

  • 1 week ago | mining.com | Cecilia Jamasmie

    Canada’s Franco-Nevada (TSX, NYSE: FNV) has agreed to acquire a royalty package on the Côté Gold mine in Ontario from a private third party for $1.05 billion in cash. The Toronto-based royalty and streaming company said the deal includes a 7.5% gross margin royalty on gold production from the Chester 1, 2, and 3 claims. These claims encompass all proven and probable mineral reserves and more than 99.9% of current mineral resources at the site.

Journalists covering the same region

Louise Margolin's journalist profile photo

Louise Margolin

Deputy Editor-in-Chief at Africa Intelligence

Deputy Editor-in-Chief at Africa Business +

Louise Margolin primarily covers news in West Africa, including countries like Nigeria, Angola, and surrounding areas.

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Daryl Brown

Multiplatform Producer at CNN

Daryl Brown primarily covers news in Portland, Oregon, United States and surrounding areas.

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Cecilia Jamasmie
Cecilia Jamasmie @CeciliaJamasmie
26 Apr 23

BREAKING! @TeckResources withdraws separation plan ahead of shareholder vote scheduled for later today https://t.co/qgHFqN3SLe

Cecilia Jamasmie
Cecilia Jamasmie @CeciliaJamasmie
18 Apr 23

Mining magnate Robert Friedland urges Canada to protect @TeckResources from "foreign predators" (A.K.A @Glencore) https://t.co/6pCqF9OaiB

Cecilia Jamasmie
Cecilia Jamasmie @CeciliaJamasmie
5 Apr 23

The man who made me a #mining journalist and editor has passed. A kind individual, visionary and trail blazer. It was a pleasure working with him. https://t.co/pIALsjeQPu https://t.co/XBKXl59LD1