Last week brought a mixed-bag of precious metals mining news. Harmony reported an increase in net profits but had a stock price drop of about 9%.
Miners make considerable gains in cash flow in 2024, sparking speculation that the industry could be poised for an even bigger move up
The US Treasury imposed sanctions on Gertler in 2017 and 2018, accusing him of leveraging his friendship with former Congo President Joseph Kabila to secure lucrative mining deals.
Coal mine accidents, which are common on the Pakistan-Afghanistan border, are results of gas build-ups, lack of safety gear, and poor working conditions.
Conservationists and local tribal groups, whose land the mining takes place on, objected to the project.