Tsingshan’s $1 billion steel plant in Zimbabwe starts productionDinson Iron and Steel Company will produce 600,000 metric tons of carbon steel annually.Reuters | June 20, 2024 | 8:55 am
US backs Angola plan to process critical minerals, export powerThe southern African nation, one of the top crude producers…Bloomberg News | June 19, 2024 | 4:22 pm
JCHX closes in on Zambian copper mine deal as China tightens Africa gripThe deal to buy an 80% stake in Zambia's Lubambe…Reuters | June 19, 2024 | 9:33 am
Palladium output cuts needed to bolster market, Northam CEO says The company announced in February that it would pare back or pause development projects at its three operating mines. Bloomberg News | May 31, 2024 | 9:16 am
Botswana’s Debswana diamond sales fall 48% in first quarter In the first quarter, Debswana sold diamonds worth $560.9 million, from $1.085 billion registered in the same period last year. Reuters | May 31, 2024 | 8:36 am
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says It is said that Anglo's five operating coal mines, development projects and joint ventures in Australia have sparked "more interest" over the past weeks. Reuters | May 30, 2024 | 10:35 am
How a rattled South Africa became Anglo’s best defence against BHP bid More than 20% of Anglo shares are held by South African investors. Reuters | May 30, 2024 | 7:04 am
Billions in African gold smuggled to UAE each year — report Illicit gold trade amounts to $23.7 billion-$35 billion annually based on current market prices, a report by SwissAid shows. Cecilia Jamasmie | May 30, 2024 | 5:42 am
Endeavour Mining begins commissioning Lafigue gold mine First gold pour from the mine in Côte d’Ivoire is expected in late June, which is a quarter ahead of schedule. Cecilia Jamasmie | May 30, 2024 | 3:43 am
Botswana flags synthetic gem threat ahead of $6 billion diamond project launch The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds. Reuters | May 29, 2024 | 9:28 am
Mining M&A slips as firms lawyer-up to fight regulators The value of deals in the industry declined 12.5% to $74.2 billion this year. Colin McClelland | May 29, 2024 | 8:44 am
Endeavour Mining invests in Côte d’Ivoire exploration projects Endeavour has taken up a 12.39% equity stake in private explorer Koulou Gold. Staff Writer | May 29, 2024 | 8:43 am