Africa Top Stories

Sibanye CEO pushes on with copper hunt after failed Zambian bid

The precious metals producer is still looking for copper assets to buy across the African copper belt.

Reuters | February 5, 2024 | 7:13 am

Sumitomo cuts nickel output forecast in Madagascar due to system glitches

Japanese trading house slashed its output estimate of nickel at…

Reuters | February 5, 2024 | 7:07 am

South African platinum industry could shed up to 7,000 jobs to cut costs

South African PGM miners, home to around 70% of global…

Reuters | February 5, 2024 | 7:04 am

Zambia to start trading its own copper, competing with Glencore

The government will directly buy and sell a portion of…

Bloomberg News | February 5, 2024 | 7:01 am

Anglo American explores for copper, cobalt in Zambia

The miner is in the early stages of exploring for…

Reuters | February 5, 2024 | 6:42 am

Stillwater expands resource, nickel by more than half at Montana project

The new inferred resource estimate raised tonnage by 62% compared with figures from 2021.

Staff Writer | January 26, 2023 | 10:34 am

South Africa’s blackouts threaten platinum supply in top miner

Output curbs could widen a global platinum shortage that Metals Focus forecasts to be the biggest in two decades in 2023.

Bloomberg News | January 26, 2023 | 7:47 am

Mali industrial gold production rises 4.4% to 66.2 tonnes in 2022

Barrick Gold remains the country's biggest producer with output reaching 23 tonnes last year.

Reuters | January 26, 2023 | 7:19 am

South Africa’s RBCT coal exports hit 29-year low in 2022

The terminal saw an average of 18 trains a day in 2022, against a capacity of 32 a day.

Reuters | January 26, 2023 | 7:16 am

Eskom paid $561 million in penalties on Medupi coal contract

The utility’s previous attempts to renegotiate the deal with Exxaro Resources were rejected by the mining company.

Bloomberg News | January 24, 2023 | 8:43 am

The risks of plundering the periodic table

Humans have been squeezing the periodic table for over a century. Scientists warn about the risks of doing so.

Staff Writer | January 22, 2023 | 5:55 am

Canaccord bullish on gold price, Endeavour, Kinross and Probe

Gold price may hit an average of $1,862 this year, up from its record average of $1,802 in 2022, says the investment bank.

Staff Writer | January 20, 2023 | 12:46 pm

B2Gold meets production guidance for seventh year running

B2Gold produced 1.03 million oz. gold last year, with 367,870 oz. coming from the fourth quarter.

Staff Writer | January 20, 2023 | 10:08 am

Court told Anglo turned blind eye to Zambian lead poisoning

A hearing to determine whether a lawsuit can be classified as a class action for as many as 140,000 people began Friday.

Bloomberg News | January 20, 2023 | 8:50 am

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