Botswana sets aside $65m to buy 24% stake in gem trader HB AntwerpThe deal would value the Belgian company, founded in 2020, at $275 million.Reuters | February 7, 2024 | 9:58 am
Congo’s Gecamines and Entreprise Generale du Cobalt sign mining dealCreated by government decree in December 2019, EGC was granted…Reuters | February 7, 2024 | 9:32 am
China’s CMOC eyes further growth in Congo and beyond after taking cobalt crownCMOC last year became the world's No. 1 cobalt mining…Reuters | February 7, 2024 | 8:09 am
Burkina Faso denies favouring Nordgold over gold mine permit Burkina Faso did not award a mining permit to Nordgold because it is a Russian company, its mines minister said. Reuters | February 6, 2023 | 5:00 am
Petra Diamonds open to M&A deals, CEO says Petra invited merger and acquisition proposals on Monday. Reuters | February 6, 2023 | 4:10 am
Zambia’s mining minister expects Mopani Copper Mines deal by end-March There are 10 suitors for the mine and smelter complex, including Sibanye-Stillwater. Reuters | February 6, 2023 | 3:58 am
South Africa’s century-old gold refiner runs at 75% as mines dim The 102 year-old Rand Refinery is the only African refiner accredited with the London Bullion Market Association. Bloomberg News | February 3, 2023 | 9:43 am
Zinc price slumps on jump in inventories and weak Chinese demand Inventories in warehouses registered with the Shanghai Futures Exchange have more than doubled over the last two weeks. Reuters | February 3, 2023 | 7:45 am
Thungela Resources to buy controlling stake in Australian mine The coal producer has been searching for assets outside South Africa, where shipments are being curbed by rail bottleneck. Bloomberg News | February 3, 2023 | 7:39 am
Kumba delivers profit warning after rail problems hit exports The Anglo American unit produced 37.7 million tonnes of the key steel ingredient in 2022, down from 40.9 million tonnes the previous year. Reuters | February 2, 2023 | 10:30 am
First Quantum worker dies at Trident operations in Zambia Operations in the pit have been temporarily suspended until deemed they can resume safely. Reuters | February 2, 2023 | 9:48 am
Gold Fields disputes Ghana tax bill Company said the size of the back taxes bill is "nowhere close" to the amount Ghana has demanded from mobile operator MTN. Reuters | February 2, 2023 | 9:42 am