Africa Top Stories

Danakali goes after new project as “vultures” on the prowl

It warned of “predatory activity” by unidentified groups offering investors less than 10% of the underlying value of their shares.

Cecilia Jamasmie | January 19, 2024 | 3:56 am

Centamin annual gold production meets guidance, revenue rises

The miner achieved a gold production of 450,058 ounces in…

Staff Writer | January 18, 2024 | 9:31 am

Fortuna produces record AuEq ounces in 2023, but faces silver decline, higher costs

Silver production, however, saw a 15% decline due to decreased…

Staff Writer | January 18, 2024 | 9:03 am

Uganda grants Ionic licence to mine rare earths

Permit for the Makuutu heavy rare earths project is the…

Cecilia Jamasmie | January 18, 2024 | 3:39 am

Montage hikes Koné gold project economics in West Africa

The project 470 km northwest of coastal Abidjan, the West…

Colin McClelland | January 17, 2024 | 1:47 pm

Rare earths ‘spill the tea’ on how deep magma eruptions initiate

Researchers found huge magma eruptions can initiate deeper below the earth's surface than previously believed.

Staff Writer | December 1, 2022 | 7:07 am

Petra Diamonds to keep Williamson mine idled until mid-2023

The Tanzanian diamond mine has been shut since early November, following a breach in the wall of a tailings dam.

Cecilia Jamasmie | November 30, 2022 | 4:03 am

Zimbabwe signs agreement with Tsingshan to set up lithium operations

China's Tsingshan, one of the world’s top nickel producers, is currently building a $1 billion stainless steel plant in Zimbabwe

Reuters | November 29, 2022 | 2:16 pm

Endeavour’s Ity exploration on track to discover 4 million indicated ounces by 2025

The Africa-focused gold major already found 2 million oz. in the past two years.

Staff Writer | November 29, 2022 | 1:26 pm

Dubai’s ENOC denies gold-for-oil barter talks with Ghana

Ghana, Africa’s second-largest gold producer, last week ordered large mining companies to sell 20% of the metal they refine to the central bank.

Bloomberg News | November 29, 2022 | 8:51 am

Mali suspends issuance of mining permits until further notice

Mali is one of Africa's top gold producers with industrial production reaching 63.4 tonnes in 2021.

Reuters | November 29, 2022 | 7:43 am

Consensus forecast is for two years of stagnant copper prices

Copper is down 20% so far in 2022 and a new survey of over 30 investment banks and economic researchers sees little prospect for an exit from the bear market.

Staff Writer | November 28, 2022 | 3:08 pm

Sibanye-Stillwater to spend $616m advancing Finnish lithium project

The Keliber mine is expected to be Europe's first fully integrated lithium hydroxide producer supplying the regional market.

Cecilia Jamasmie | November 28, 2022 | 7:13 am

Ghana in talks with Dubai oil refiner to barter gold for fuel

Ghana last week ordered mining companies to sell 20% of the metal they refine to the central bank.

Bloomberg News | November 28, 2022 | 6:50 am

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