DRDGold's Ergo operation signs five-year wage deal with NUM
DRDGold's Ergo surface-gold operation and the National Union of Mineworkers signed a five-year wage agreement in February 2026, offering guaranteed annual increases and a one-off payment.
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Roy Mulenga
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Gem Diamonds unearths 193-carat stone as Letseng prices hold firm
Gem Diamonds recovered a 193-carat white diamond just after quarter-end at Letseng, capping a fourth quarter in which average prices held at $1,288 per carat despite a tough year for the industry.
US-backed Orion consortium signs MOU for $9bn stake in Glencore's Congo copper mines
Glencore signed a non-binding memorandum of understanding on 3 February 2026 with the US-backed Orion Critical Mineral Consortium covering a proposed 40% stake in its Mutanda and Kamoto copper-cobalt mines in the Democratic Republic of Congo.
Platinum's record rally resets after touching $2,923
Platinum touched an all-time high of about $2,923 an ounce in late January 2026 before pulling back, with the World Platinum Investment Council warning of further volatility.
Gareth Penny's consortium is the right fit for De Beers, says Botswana Diamonds boss
Botswana Diamonds managing director James Campbell says the Gareth Penny-led consortium is the only bidder with the industry knowledge and government relationships needed to revive De Beers.
China's Baowu takes majority control of Simandou's northern mining blocks
China Baowu Steel Group completed an increase of its stake in the operator of Simandou's Blocks 1 and 2 to 51% on 30 January 2026, taking formal control weeks after the first iron ore shipments left Guinea for China.
Gold's record run tops out near $5,589 an ounce
Gold touched an all-time high of about $5,589 an ounce on 28 January 2026, and Sibanye-Stillwater shares closed at a record high the same week.
Richards Bay Coal Terminal exports jump above 10% as Transnet's turnaround pays off
Richards Bay Coal Terminal exported 57.66 million tonnes of coal in 2025, up more than 10%, and CEO Alan Waller says a consistent 65-million-tonne annual rate is achievable in 2026.
Gold price tops $5,000/oz for the first time, driving rand to three-year high
Gold broke through $5,000/oz in January, sending the rand to its strongest level since 2022 and boosting profitability across Harmony, Sibanye-Stillwater, Gold Fields and Pan African.
Richards Bay Coal Terminal exports jump more than 10% as rail recovery takes hold
Richards Bay Coal Terminal exported 57.66 million tonnes of coal in 2025, up more than 10% on 2024, as Transnet's rail recovery and reduced cable theft lifted volumes.
Zambia's copper output climbs 8% in 2025 but falls short of 1Mt goal
Zambia produced 890,346t of copper in 2025, up 8% on 2024, the mines ministry said, leaving the country about 110,000t short of its 1Mt target for the year.
Silver joins the rally, setting its own record above $121
Silver set a fresh all-time high near $121.67 an ounce on 26 January 2026, riding the same safe-haven and industrial-demand wave that carried gold above $5,000.
Gold breaks $5,000 an ounce for the first time
Spot gold broke through $5,000 an ounce for the first time on 26 January 2026, extending a rally driven by safe-haven demand and central bank buying.
China's Zijin agrees C$5.5bn takeover of Allied Gold's African mines
Zijin Gold International agreed on 26 January 2026 to buy Allied Gold for C$44 a share, valuing the company at about C$5.5bn and adding three African gold operations to Zijin's fast-growing overseas portfolio.
Caledonia Mining lines up funding to build Zimbabwe's $584m Bilboes gold mine
Caledonia Mining has raised $150 million through convertible notes to help fund its Bilboes gold project in Zimbabwe, part of a plan to develop a 200,000-ounce-a-year mine by 2028.
Ghana's Parliament commends Newmont's Ahafo South environmental record
A Ghanaian parliamentary committee has praised Newmont's Ahafo South mine for its reclamation and water-management practices, noting the mine has paid over $2bn in taxes and royalties since 2006.
Goldman Sachs lifts 2026 gold target to $5,400 an ounce
Goldman Sachs raised its December 2026 gold price forecast to $5,400 an ounce from $4,900 in a note dated 21 January 2026, days before gold hit an all-time high.
Langer Heinrich tracks toward top of Paladin's FY26 uranium guidance
Paladin Energy's Langer Heinrich mine produced 1.23-million pounds of uranium oxide in the December quarter, taking half-year output to 2.30-million pounds and keeping the Namibian mine on course for the upper end of its FY2026 target.
Alphamin guides for record 20,000 tonnes of tin from Bisie in 2026
Alphamin Resources has guided for about 20,000 tonnes of contained tin production from its Bisie mine in the Democratic Republic of Congo in 2026, building on record 2025 output of 18,576 tonnes.
Mali's industrial gold output falls 22.9% in 2025 on Barrick standoff
Mali's industrial gold production fell 22.9% in 2025, provisional government figures show, as the prolonged suspension of Barrick's Loulo-Gounkoto complex outweighed a $1.2bn windfall from a mining-arrears audit.
China's chrome ore imports from South Africa hit record 12.5-million tonnes
Chinese buyers imported a record 12.5-million tonnes of South African chrome ore across 2025, up 23.8% year on year, as South Africa's total chrome ore exports rose 15.7% to 23.77-million tonnes.
Caledonia earmarks $132m for Bilboes as Zimbabwe drops royalty hike
Caledonia Mining plans to spend $132m in 2026 to begin developing its Bilboes gold project, part of a $162.5m capex budget, after Zimbabwe reversed plans to double the gold royalty.
Ghana seals $60m deal to accelerate Nyinahin bauxite mining
Ghana's state aluminium vehicle GIADEC has signed a $60m facility with Metalloid Investment and GIBDLC to fund mining at Nyinahin, part of the country's push to develop its 920-million-tonne bauxite reserves.
Congo sends first copper shipment to US market via Mercuria
The DRC dispatched its first copper shipment to the US under a Gécamines-Mercuria arrangement, marketing metal from the state miner's stake in CMOC's Tenke Fungurume operation.