Tharisa raises $32m via bond issue for Zimbabwe mine construction

Tharisa had planned to raise $50 million to partly fund the building of its 70%-owned Karo platinum mine in Zimbabwe.

Reuters | December 12, 2022 | 6:40 am

Japan, Congo agree to cooperate on stable supply of rare metals

Mining companies and governments in Africa are also calling for stronger trade ties with the United States.

Reuters | December 9, 2022 | 6:59 am

Extortion ‘mafia’ hits South Africa’s $55 billion mining sector

“The procurement mafia mobilizes the community for their own devices," said Paul Dunne, chief executive officer of Northam Platinum Holdings

Bloomberg News | December 9, 2022 | 6:50 am

US bid for battery metals has Africa blind spot

Inflation Reduction Act could impact Africa metal producers.

Reuters | December 9, 2022 | 6:37 am

Anglo American cuts 2023 copper output target on poor Chilean ore grades

The company said production at its South African unit Kumba Iron Ore will be dented by poor rail capacity.

Reuters | December 9, 2022 | 6:24 am

VW says South Africa must end coal dependence for EVs to make sense

South Africa produces nearly 90% of its total energy supply from coal.

Reuters | December 8, 2022 | 7:57 am

Lucapa achieves highest diamond recovery at Angola mine

The Lulo mine haul consist of 20 diamonds weighing a combined 15.51 carats from just one kimberlite bulk sample.

Cecilia Jamasmie | December 8, 2022 | 6:45 am

CMOC pushes back as Congo’s Gecamines demands compensation in cobalt mine dispute

Congo suspects CMOC understated the mine's reserves to reduce the amount of royalties it pays to Gecamines.

Reuters | December 7, 2022 | 7:08 am

Fortuna Silver grows Sunbird resource at Séguéla gold project in Côte d’Ivoire

The new resource estimation is in addition to Séguéla’s current mineral reserves of 12.1 milllion tonnes averaging 2.80 g/t gold containing 1.09 million ounces.

Staff Writer | December 5, 2022 | 9:16 am

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Barrick hails new airport terminal, mines revival in Tanzania

Gold riches fuel Sudan militia’s war to rule nation, UN says

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