Africa Top Stories

Botswana conducts due diligence on HB Antwerp stake, president says

At the height of talks for a new sales contract with De Beers in March, Botswana announced a deal to become a shareholder in HB Antwerp.

Reuters | November 6, 2023 | 9:53 am

Billionaire-owned Vedanta seals Zambian copper assets deal

Vedanta and the Zambian government have sealed an agreement that…

Reuters | November 6, 2023 | 9:20 am

Asante Gold announces extension to Grasshopper pit resource at Bibiani mine in Ghana

Constrained indicated resources amounted to 1.88 million tonnes averaging 1.04…

Staff Writer | November 6, 2023 | 9:15 am

Ivanhoe records $108m third-quarter profit, shares up

The Kamoa-Kakula copper complex sold 96,509 tonnes of payable copper…

Staff Writer | November 6, 2023 | 8:39 am

Zimbabwean miners set for big profit slump next year – report

Last year Zimbabwe tripled the royalties platinum miners must pay…

Reuters | November 6, 2023 | 6:43 am

Ghana mining fund mulls multi-million investment in Atlantic Lithium

Ghana's state-owned Minerals Income Investment Fund plans to take an equity stake in Atlantic with up to a $30 million investment.

Cecilia Jamasmie | February 17, 2023 | 3:44 am

De Beers confident talks will deliver a Botswana diamond deal

The Anglo American unit is in talks with the Botswana government to extend mining rights that expire in 2029.

Reuters | February 16, 2023 | 9:56 am

Congo demands $17bn more in infrastructure investments from China deal

Under the Sicomines deal, Chinese investors committed to spending $3 billion on infrastructure, but the state auditor demanded that commitment be increased to $20 billion.

Reuters | February 16, 2023 | 9:33 am

Burkina Faso buys 200 kg of gold from Endeavour’s Mana mine

Endeavour acquired the Mana mine in July 2020, as part of its acquisition of Canada-based gold miner Semafo.

Reuters | February 15, 2023 | 1:29 pm

Barrick CEO says inflation not over as costs weigh on results

Amid such a backdrop, Bristow is keen to highlight that Barrick will invest more on its operations in the coming year.

Bloomberg News | February 15, 2023 | 9:59 am

Gold Fields expects profit boost from Yamana deal break fee

Gold Fields said it expects headline earnings per share of $1.16-$1.22 for the year.

Reuters | February 15, 2023 | 9:35 am

Amplats’ first female CEO leaves to join Newmont as COO

Natascha Viljoen, a metallurgical engineer, will remain as Amplats boss until completion of her 12-month notice period.

Cecilia Jamasmie | February 15, 2023 | 6:53 am

Gemfields evacuates exploration camp in Mozambique after attack

The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village.

Cecilia Jamasmie | February 14, 2023 | 3:43 am

Asset managers touting ESG enjoy a turbo-charged coal boom

Thungela Resources CEO is promising to ratchet up production through the end of the next decade at least.

Bloomberg News | February 13, 2023 | 10:26 am

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