Africa Top Stories

Barrick looks to explore new gold, copper deposits in the DRC

Last year, Barrick said it intended to search for additional copper deposits in Zambia and the DRC as part of its efforts to expand its presence in the African copper belt.

Staff Writer | March 20, 2024 | 9:30 am

Zimplats to offer voluntary job cuts after platinum price rout

Zimplats did not say how many of the 8,000 permanent…

Reuters | March 20, 2024 | 7:28 am

Perseus gets key OreCorp shareholders on side with sweetened offer

Perseus seeks to beat out Canadian rival Silvercorp Metals in…

Staff Writer | March 20, 2024 | 7:09 am

Sibanye halts production at Rustenburg shaft after damage

The shaft was forecast to produce an average of 54,000…

Reuters | March 20, 2024 | 5:50 am

Hummingbird faces fresh headwinds at Guinea gold mine

One of its main contractors has halted activities at the…

Cecilia Jamasmie | March 20, 2024 | 5:19 am

Hummingbird begins hot commissioning of Kouroussa gold mine in Guinea

The Kouroussa mine is forecast to produce an average of 100,000 oz. per annum over an initial seven-year life.

Staff Writer | May 23, 2023 | 3:10 pm

Mining lags on female C-suite, board representation

Women currently hold 14% of all mining executive positions and 12.3% of board roles, data showed.

Reuters | May 23, 2023 | 5:50 am

Conflict brings Sudan’s lucrative official gold trade to a halt

The country's gold industry, its largest revenue earner, has collapsed due to a spiraling month-old conflict in the North African nation.

Bloomberg News | May 22, 2023 | 6:14 am

Congo President heads to China amid mining contract negotiations

Felix Tshisekedi will visit China next week as the two nations look to conclude the re-negotiation of a $6.2 billion mineral-for-infrastructure deal.

Bloomberg News | May 19, 2023 | 2:21 pm

Wall Street Journal sees a debt-ceiling copper glow up

A look at the esteemed financial paper’s case for calling copper the next big bull market.

Frik Els | May 19, 2023 | 12:12 pm

Gem trader HB Antwerp eyes African diamonds after Botswana pact

The firm is looking for potential deals to process rough diamonds in countries including Namibia, South Africa, Lesotho and the DRC.

Reuters | May 19, 2023 | 8:24 am

Half of the coal-fired power plants announced worldwide unlikely to be built — study

A study by Mercator found that 50% of the coal-fired power plants that were planned to come online in the next few years will fail to do so.

Staff Writer | May 19, 2023 | 6:34 am

De Beers mergers two auctions after sales disappoint

It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022.

Staff Writer | May 17, 2023 | 11:03 am

Sinomine suspends Zimbabwe lithium ops over authorities’ concerns

The lithium operations have been put on hold for 7 days to address administrative concerns raised by authorities.

Reuters | May 15, 2023 | 10:53 am

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