Africa Top Stories

Spectacular copper price rally only gaining momentum

A double digit runup in copper just in April lifts the orange metal to within sight of $10,000/tonne as warnings prices are running ahead of fundamentals emerge.

Frik Els | April 19, 2024 | 9:44 am

Congo copper mine suspended amid radiation concerns

The La Compagnie Minière de Musonoie project, known as COMMUS,…

Bloomberg News | April 19, 2024 | 9:42 am

GoviEx plunges as Niger uranium project faces junta deadline

There’s a risk the junta could revoke GoviEx’s mining permit,…

Staff Writer | April 19, 2024 | 8:42 am

UAE giant eyes majority stake in Vedanta’s Zambian mines in expansion drive

The unit of International Holding Company recently made an offer…

Reuters | April 19, 2024 | 8:29 am

African critical minerals output could reach $2 trillion by 2050

Global revenue from mining copper, cobalt, lithium and nickel could…

Bloomberg News | April 19, 2024 | 7:28 am

Cobalt, copper mining in DRC fuelling forced evictions — report

Study links race to secure key battery metals to forced eviction of entire communities and grievous human rights abuses.

Staff Writer | September 12, 2023 | 5:19 am

HB Antwerp co-founders clash over gem trader’s future as Botswana deal looms

The government of Botswana said in March that it had agreed to buy a 24% stake in the diamond processor and trader.

Reuters | September 11, 2023 | 10:13 am

Rainbow Rare Earths signs supply agreement with UK-based alloy manufacturer

LCM is currently the only rare earth metal and alloy manufacturing facility in the UK.

Staff Writer | September 11, 2023 | 8:33 am

US, Saudi Arabia in talks to secure metals in Africa – WSJ

A state-backed Saudi venture would buy stakes in mining assets worth $15 billion in African countries, which will permit US companies to buy some of the production.

Reuters | September 10, 2023 | 10:18 am