News

Zimbabwe is forecast to have raked in US$6 billion in mineral exports last year, which is a significant milestone in current plans to grow the sector’s contribution to the economy to US$12 billion by 2023, the Government has said. The sector accounts for more than 60 percent in foreign currency receipts annually and 13 percent […]

Serbia has withdrawn the exploration licences of Anglo-Australian mining company Rio Tinto following weeks of protests over plans for a lithium mine. “All permits were annulled… we put an end to Rio Tinto in Serbia,” Prime Minister Ana Brnabic said on Thursday. The decision comes just weeks ahead of Serbia’s general election in April. Relations […]

Angola’s national diamond-trading company has appointed Dubai-based Trans Atlantic Gem Sales (TAGS) to manage its tenders as the African country continues to reform its mining industry. Sodiam has also chosen First Element to carry out diamond boiling, it said last week. Several bidders took part in a selection process that began in May 2021. While […]

Stephen Lussier, one of De Beers’ most recognizable and influential figures, will stand down from his role after almost four decades at the company. The miner has recruited Tiffany & Co. executive Marc Jacheet to succeed him. Lussier will leave his position as De Beers’ executive vice president for brands and consumer markets on April […]

India’s largest electricity producer is stepping up a campaign of coal imports as the nation seeks to avoid a new power crunch. State-run NTPC has sought about 10-million tons of overseas coal since it issued its first international tender in two years in October, according to documents posted on its website. The reversal after years […]

China’s Zijin Mining Group Co. Ltd said on Monday it had officially launched its first lithium exploration project through a joint venture with Democratic Republic of Congo- (DRC-) owned firm Cominiere. The joint venture, called Katamba Mining, has secured mining rights to two greenfield exploration and mining projects at the periphery of the Manono lithium […]