Africa Top Stories

Top climate finance group floats guidance on Asia coal phaseout

The region’s largest economies are highly dependent on coal, with the fuel accounting for roughly 60% of power generation.

Bloomberg News | June 5, 2023 | 7:42 am

Congo halts ERG’s copper project after waste leakage

The suspension is the latest sign of strained relations between…

Bloomberg News | June 2, 2023 | 11:40 am

Congo-UAE gold export deal raises ‘great concerns’

A 25-year deal published this week by the Congolese government…

Reuters | June 2, 2023 | 10:16 am

Peru bullish about copper no. 2 spot as Congo closes gap

Mining mininster expects mines worth some $6 billion to come…

Reuters | June 2, 2023 | 7:44 am

Gemfields hits three records in latest emerald auction

The coloured gems miner as achieved record revenue of $43.7…

Staff Writer | June 2, 2023 | 5:49 am

South African unions start wage talks with platinum miners

Negotiations started with Anglo American Platinum last week and more talks are planned.

Bloomberg News | April 12, 2022 | 10:24 am

Glencore to supply cobalt to GM in multi-year deal

General Motors will use cobalt from Glencore's Murrin Murrin operation in Australia in the batteries that power its EVs.

Cecilia Jamasmie | April 12, 2022 | 3:51 am

Western Australia is world’s new top mining destination

The resource-rich state replaced Nevada as most attractive region for mining investment in 2021, says the Fraser Institute.

Cecilia Jamasmie | April 11, 2022 | 10:52 am

Ivanhoe’s Congo copper mine hits record production

Kamoa-Kakula produced 55,602 tonnes of copper in the first quarter of 2022, reaching a monthly all-time-high of 19,605 tonnes of copper in March.

Cecilia Jamasmie | April 11, 2022 | 7:30 am

Asia unlikely to rescue Russian coal amid Europe ban

There are already signs that Asia is likely to buy less Russian coal, rather than more, in coming months, writes Clyde Russell.

Reuters | April 11, 2022 | 7:25 am

Glencore regains IPO price after 11 years on commodity rally

Glencore's shares have surged 42% this year — a level the world’s biggest commodities trader had at times looked unlikely to ever regain.

Bloomberg News | April 11, 2022 | 5:58 am

Guinea asks bauxite miners to present local refinery plans by May

The interim government of Guinea asked international mining companies to present plans to refine their bauxite production into alumina within the country by May 2022.

Reuters | April 9, 2022 | 11:27 am

Rio Tinto’s board backs Simandou iron ore mine in Guinea

Getting Simandou under development would be a second major win for Chief Executive Officer Jakob Stausholm.

Bloomberg News | April 8, 2022 | 9:06 am

Goldman sees new all-time high for copper price by mid-year

Report out on Thursday says the copper market is “sleepwalking towards a stockout,” ups already bullish price targets and doubles deficit projections.

Frik Els | April 7, 2022 | 2:36 pm

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