Kodal Minerals’ Bougouni lithium project in southern Mali has pulled off a financial milestone few junior mining developers manage this quickly, clearing its project debt entirely after just one full six-month period of commercial production. The turnaround was driven by a sharp recovery in lithium prices and strong operating margins at the Mali operation, giving … Read more
Gemfields’ flagship ruby operation in Mozambique has reached a point where it cannot generate enough cash to cover the management and auction fees it owes to the wider group, the London-listed gemstone miner confirmed during its interim results presentation on Wednesday. Asked directly whether Montepuez Ruby Mining, known within the industry simply as MRM, could … Read more
Ghana is preparing the most significant overhaul of its mining laws in two decades, with a draft bill reviewed by Reuters showing the government intends to claim sweeping new control over how foreign and domestic mining companies operate across Africa’s largest gold producer. The Minerals and Mining Bill, 2026 would replace the Minerals and Mining … Read more