Africa Top Stories

Lifezone Metals stock rises on new nickel discovery at Kabanga

The latest drilling results from the Safari Link area represent a near-term opportunity for resource and value addition, Lifezone said.

Staff Writer | January 29, 2024 | 9:05 am

Endeavour goes to court to end strike at Burkina Faso gold mine

Endeavour has slumped 18% this year.

Bloomberg News | January 29, 2024 | 7:45 am

Chinese companies to invest up to $7bn in Congo mining infrastructure

Sinohydro Corp and China Railway Group will invest up to…

Reuters | January 27, 2024 | 1:34 pm

Alphamin’s tin output rises again in 2023, new mine to begin production April

Alphamin said it expects contained tin production of between 17,000…

Staff Writer | January 26, 2024 | 9:17 am

Hummingbird ready to restart Kouroussa gold mine in Guinea

Kouroussa gold mine is expected to reach full production before…

Staff Writer | January 25, 2024 | 7:59 am

Nigeria bets on new gold project to attract more miners

Nigeria’s only industrial gold mine yielded 98,000 ounces of the precious metal last year.

Bloomberg News | February 22, 2023 | 7:24 am

AngloGold Ashanti CEO resists gold M&A temptation

Production likely to fall, miner says.

Reuters | February 22, 2023 | 7:18 am

Premium iron ore piles up in South Africa amid rail constraints

State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism.

Bloomberg News | February 21, 2023 | 10:10 am

Uganda to set up state mining firm, take equity in licences

Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates.

Reuters | February 21, 2023 | 7:10 am

Sibanye-Stillwater goes after Australia’s New Century Resources

The off-market takeover bid by Sibanye values the zinc miner at A$144.1 million ($99.54 million).

Cecilia Jamasmie | February 21, 2023 | 5:38 am

Amplats cuts dividend payout again as South African power outages crimp profit

The Anglo American unit reduced its total 2022 payout by 62% as state-owned utility Eskom struggles to keep its coal-fired power plants working.

Bloomberg News | February 20, 2023 | 9:12 am

Congo watchdog wants billions of dollars more From China infra deal

Congo hasn’t been adequately compensated for the copper and cobalt reserves it contributed to the venture, the General Inspectorate of Finance said.

Bloomberg News | February 17, 2023 | 10:17 am

Caledonia Mining reports fatality at Zimbabwe gold mine

The accident took place at the Blanket mine in Gwanda.

Reuters | February 17, 2023 | 7:42 am

Glencore hit by fresh bribery-related lawsuit in the UK

Legal action is related to alleged losses to shareholders resulting from Glencore's statements to the market on corruption cases.

Cecilia Jamasmie | February 17, 2023 | 6:13 am

First

Last