Gold mining major AngloGold Ashanti is exiting the Gramalote project, in Colombia, with joint venture (JV) partner B2Gold buying its 50% interest in the project for up to $60-million.The agreement follows a joint sales process by B2Gold and AngloGold for their...
There are myriad of challenges plaguing State-owned rail operator Transnet Freight Rail (TFR), ranging from infrastructure and security to skills shortages; however, several interventions are under way to mitigate this – but it will take time to successfully implement...
Dual-listed Hudbay Minerals has marked a milestone in its growth journey by completing the acquisition of Rockcliff Metals. This move strengthens Hudbay’s position in the Snow Lake region of Manitoba, unlocking a wealth of potential and extending its footprint in the...
Poseidon Nickel has announced an update on its projects and exploration plans. The Western Australia nickel giant has said the final investment decision (FID) for its Black Swan restart project remains on hold given uncertain global markets, allowing time...
Gold explorer Alkane Resources has released its mineral resources and ore reserves statement for the 2023 financial year (FY23). The statement covered all of Alkane’s projects, most notably the Tomingley gold operation in New South Wales, which consists of...
The mining sector is a key industry for Indonesia, contributing to round 12 percent of Indonesia’s GDP in 2022; within this, coal mining alone accounts for about 7 percent, according to data from research firm Statista. As the third-largest coal producer, after China...
