Africa Top Stories

Trafigura clinches share of major zinc deal snubbed by Glencore

Production from Ivanhoe's Kipushi zinc mine in Congo will now be split between several new buyers.

Bloomberg News | June 26, 2024 | 9:59 am

Vedanta in talks with IHC unit, investors for Zambian copper stake sale

The KCM assets have also attracted interest from other investors,…

Reuters | June 26, 2024 | 8:47 am

De Beers sales drop to $315m amid search for new owner

Provisional figure is less than the $383 million fetched in…

Cecilia Jamasmie | June 26, 2024 | 3:50 am

Sibanye CEO says may close metals streaming deal in third quarter

The miner is seeking to raise more than $500 million…

Reuters | June 25, 2024 | 9:20 am

Exxaro weighing options for Australian coal JV amid Anglo’s planned exit

The South African coal miner and Anglo equally own the…

Reuters | June 25, 2024 | 7:15 am

Ghana takes stake in Atlantic Lithium with $5m investment

MIIF, the state-owned investment fund, is investing a total of $32.9 million to help develop Ghana's first lithium mine.

Cecilia Jamasmie | January 24, 2024 | 3:45 am

Barrick speeds up Zambian copper mine expansion

Lumwana will have a projected annual production of around 240,000 tonnes per year over a 30-plus-year life.

Staff Writer | January 23, 2024 | 8:48 am

Endeavour Mining’s second-biggest gold mine hit by strike

Access road to the Houndé mine in Burkina Faso is blocked, adding a fresh challenge to the Canadian miner that recently fired its CEO.

Cecilia Jamasmie | January 23, 2024 | 5:47 am

Managem plans $300 million capital increase in 2024

This capital will fund the company's gold, copper and cobalt expansion plans.

Reuters | January 22, 2024 | 9:49 am

OreCorp rebuffs latest takeover bid as Perseus-Silvercorp battle rages

Perseus and Silvercorp are vying for OreCorp’s Nyanzaga project in Tanzania.

Colin McClelland | January 22, 2024 | 9:38 am

Barrick hails new airport terminal, mines revival in Tanzania

The $384,000 terminal, built at the closed Buzwagi gold mine, will serve more than 200 passengers at a time, compared with 25 previously.

Staff Writer | January 22, 2024 | 3:57 am

Gold riches fuel Sudan militia’s war to rule nation, UN says

US investigations show that the Rapid Support Forces group is using proceeds from gold mining to fund its war against Sudan's army.

Bloomberg News | January 21, 2024 | 10:45 am

Global inventory of world’s mines needed – researchers

Researchers say that about half of the world's mining impacts remain undocumented.

Staff Writer | January 21, 2024 | 8:34 am

Congo and China talking $7 billion in finance, Tshisekedi says

The $7 billion in financing would be part of a renegotiated minerals-for-infrastructure deal.

Bloomberg News | January 20, 2024 | 2:08 pm

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