Africa Top Stories

CHARTS: Copper price bulls bring back $10,000 forecasts

While plummeting spot TC/RCs – from $90+ to $3 – are behind the (already fizzling) rally, copper’s long term supply problems are also firmly back in focus.

Frik Els | March 29, 2024 | 1:07 pm

US talks often with Congo’s Gecamines on cobalt and copper, official says

The United States continues to work with Zambia and Congo…

Bloomberg News | March 29, 2024 | 3:08 am

Nigeria to grant mining licences only to companies that process locally

This signals a shift from Nigeria's decades-old policy of exporting…

Reuters | March 28, 2024 | 6:27 am

Endeavour’s probe into former CEO finds $15m in “disguised” payments

Internal investigation found two “deliberately disguised” payments to an unnamed…

Cecilia Jamasmie | March 28, 2024 | 5:18 am

UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine

IRH recently bought a 51% stake in Zambia's Mopani Copper…

Reuters | March 28, 2024 | 3:38 am

Congo annuls first gold refinery permit days before inauguration

The plant, built by Congo Gold Raffinerie Sarl in the eastern city of Bukavu, has been in the works since 2019.

Bloomberg News | July 26, 2023 | 11:35 am

First Quantum starts output at Africa’s biggest nickel mine

The Enterprise mine is expected to ramp up annual production to 32,000 tons of nickel over the next two years.

Bloomberg News | July 26, 2023 | 9:43 am

Kumba Iron Ore builds up stockpiles as rail woes worsen

Kumba's profit in the six months through June declined 17% due to the rail challenges and softer prices.

Reuters | July 25, 2023 | 7:39 am

De Beers $2.3bn Venetia mine expansion yields first diamonds

De Beers stopped its 30-year open pit mining operations at Venetia last year to transition to the underground section of the mine.

Cecilia Jamasmie | July 25, 2023 | 5:55 am

Ranked: The world’s top cobalt producing countries

Cobalt, an essential component for certain types of EV batteries, has seen a significant shift in its global production landscape.

Visual Capitalist - Elements | July 24, 2023 | 9:00 am

Amplats expects operational improvement after tough first half

The company has maintained its production guidance for 2023 despite a 13% decline in refined output in the first half.

Reuters | July 24, 2023 | 7:58 am

Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A bets

Copper M&A more than doubled in 2022 to $14.24 billion from the previous year, according to an S&P Intelligence report.

Reuters | July 24, 2023 | 3:19 am

CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

Frik Els | July 21, 2023 | 2:35 pm

At international deep sea mining meeting, debate moves behind closed doors

The ISA cut a livestream of its members negotiations and retreated behind closed doors in an attempt to resolve a dilemma the could determine the fate of the deep ocean.

Bloomberg News | July 20, 2023 | 11:55 pm

First

Last