Mining Weekly covers real-time news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals.
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Atlantic appoints versed Ghanaian lawyer, corporate banker to its board

Aim-, ASX- and Ghana Stock Exchange-listed Atlantic Lithium has appointed Edward Koranteng as nonexecutive director to the board effective immediately. As a lawyer and experienced corporate investment banker with experience in Ghana, he can support the company’s objectives of delivering the country’s first lithium mine.

Wed May 15, 2024 11:33
Lucapa puts Lesotho diamond mine up for sale

Australia-listed Lucapa Diamonds on Wednesday announced the planned divestment of its 70% interest in the Mothae mine, in Lesotho. This follows a review of the asset portfolio by the company’s newly structured board of directors.

Wed May 15, 2024 10:06
De Beers IPO considered amid break-up plans, sources say

Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday, with one flagging London as the preferred venue. The potential listing was the default option, the second person said, although the process is at an early stage. Both were speaking on condition of...

Wed May 15, 2024 10:06
Anglo ditching De Beers is hard blow for troubled diamond market

The diamond industry has already been feeling the heat. Prices have slumped, Russian sanctions are threatening trade and the emergence of lab-grown gems is eating into some key traditional markets. Now, the sector’s most dominant name is being cast adrift. Anglo American on Tuesday said it will spin off or sell its De Beers business, ending...

Wed May 15, 2024 10:06
Anglo-BHP battle is between two CEOs fighting over same vision

As Anglo American sets out a survival plan that echoes the vision of its suitor BHP Group, the rival mining bosses are now locked in a battle to convince shareholders they are the man for the job. Anglo CEO Duncan Wanblad and his BHP counterpart Mike Henry took center stage on Tuesday, as the personalities behind two of the world’s biggest miners...

Wed May 15, 2024 10:06
Itochu, $5.9bn South Africa ammonia plant near supply pact

A group led by Japanese trading house Itochu Corp. is nearing an agreement to buy green ammonia from Hive Hydrogen South Africa, a $5.9 billion project that could make the country a global leader in producing the fuel. Hive Hydrogen may start output of green ammonia — which could be utilized as a fuel for heavy industry and power plants and is also...

Tue May 14, 2024 17:56

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