Endeavour’s probe into former CEO finds $15m in “disguised” paymentsInternal investigation found two “deliberately disguised” payments to an unnamed third party, which had already received $5.9m.Cecilia Jamasmie | March 28, 2024 | 5:18 am
UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mineIRH recently bought a 51% stake in Zambia's Mopani Copper…Reuters | March 28, 2024 | 3:38 am
World’s top aluminum producer sees raw material supply risk in GuineaThe West African nation last year provided 70% of China’s…Bloomberg News | March 28, 2024 | 3:36 am
Top South Africa fund bets on platinum as power cuts hit miners Coronation Fund Managers has reduced the Impala Platinum Holdings Ltd. and Northam Platinum Holdings Ltd. shares in its resources fund this year. Bloomberg News | June 8, 2023 | 8:21 am
BHP’s Xplor looking for more copper, nickel exploration projects BHP Xplor’s VP Sonia Scarselli says demand-supply equation for other battery metals is not as stretched as that for those two metals. Cecilia Jamasmie | June 8, 2023 | 8:12 am
ERG asks Congo to lift copper unit ban, denies pollution charge Eurasian Resources Group has asked authorities to reconsider a ban imposed on its Boss Mining unit's copper and cobalt operations. Reuters | June 7, 2023 | 7:51 am
Cameroon to start building railway to disputed iron ore project in August It signed a deal with two China-linked companies in June 2021 to construct the railway, despite facing legal action from Australia's Sundance Resources. Reuters | June 7, 2023 | 4:02 am
Petra Diamonds flags revenue hit as it defers sale to August It said the move followed “a temporary slowdown” in the rough diamonds market caused by elevated inventory in the mid-stream sector. Cecilia Jamasmie | June 7, 2023 | 3:55 am
South32 hires RBC for Botswana copper bid The company has picked the bank to help it put together a bid for Botswana's Khoemacau mine. Reuters | June 6, 2023 | 8:00 am
When will Africa get its first gigantic battery factory? China, by far the world leader in battery production, has at least 180 large battery factories. Bloomberg News | June 5, 2023 | 7:49 am
Top climate finance group floats guidance on Asia coal phaseout The region’s largest economies are highly dependent on coal, with the fuel accounting for roughly 60% of power generation. Bloomberg News | June 5, 2023 | 7:42 am
Congo halts ERG’s copper project after waste leakage The suspension is the latest sign of strained relations between copper miners and the Congolese government. Bloomberg News | June 2, 2023 | 11:40 am