Africa Top Stories

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new listing went ballistic.

Frik Els | January 31, 2024 | 8:31 am

Endeavour wins ruling to end strike at Burkina Faso gold mine

The court issued an interim ruling on Tuesday that instructs…

Bloomberg News | January 31, 2024 | 8:25 am

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into…

Reuters | January 30, 2024 | 8:15 am

Global clean energy spending surges to $1.8 trillion. It’s not enough

Total spending surged 17% last year to $1.8 trillion in…

Bloomberg News | January 30, 2024 | 7:19 am

Barrick sings Kibali praises: Africa’s largest gold mine is among greenest

Electricity for Kibali comes from three hydroelectric stations and the…

Staff Writer | January 29, 2024 | 11:59 am

A $1.5 billion hoard of copper and cobalt is piling up in Congo

By now, there are about 120,000 tons of copper and around 12,500 tons of cobalt stuck waiting to leave the country.

Bloomberg News | February 27, 2023 | 7:37 am

Russians probed over gold in Sudan as West vies for influence

Dozens of Russians working for a mining company in Sudan are being probed by authorities on suspicion of gold-smuggling.

Bloomberg News | February 27, 2023 | 7:26 am

Gemfields reports updated ‘G-Factor for Natural Resources’ figures

Measure promotes greater transparency around the level of natural resource wealth shared with the governments of host countries.

Staff Writer | February 24, 2023 | 11:26 am

Transnet snubs Kumba’s overture to run lucrative South African iron ore rail line

Kumba Iron Ore wants to lease the line from Transnet or run it on a concession basis.

Bloomberg News | February 24, 2023 | 10:45 am

Uganda gold export earnings fall 80% yr/yr in 2022

Uganda shipped gold worth $201 million over the 12 months of 2022.

Reuters | February 24, 2023 | 8:21 am

AngloGold says 2023 production to be hit by Brazil plant halt

AngloGold has stopped adding mine waste to its Calcinados tailings dam in Cuiaba to bring it in line with with global safety standards.

MINING.com Editor | February 24, 2023 | 5:36 am

Gold Fields not pursuing big M&A deals after Yamana disappointment

Gold Fields shares fell 5% on Thursday after it flagged a further delay at its Salares Norte project in Chile.

Reuters | February 23, 2023 | 8:32 am

Harmony Gold says profit boosted by better metal grades and prices

Harmony expects to report a 10% jump in production costs.

Reuters | February 23, 2023 | 7:42 am

Lucara updates Karowe diamond mine underground expansion

The company invested $106 million in 2022 in underground development.

Staff Writer | February 22, 2023 | 11:10 am

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