Africa Top Stories

Capex of top 30 miners to grow 6.2% in 2023, but decline over next two years — report

According to S&P Global, the highest capital budget spend in financial year 2023 is expected to come from BHP.

Staff Writer | October 26, 2023 | 10:00 am

Trafigura-backed Congo miner puts itself on sale amid debt woes

The attempted sale of Chemaf Resources Ltd. comes after the…

Bloomberg News | October 26, 2023 | 7:29 am

Syrah expects more graphite buys ahead of China export ban

China will require export permits as of Dec. 1 for…

Reuters | October 26, 2023 | 7:07 am

World Bank grants South Africa $1 billion loan for energy reform

The funding will help facilitate “restructuring of the power sector”…

Bloomberg News | October 25, 2023 | 1:07 pm

Namibia’s battery metal ambitions rest on infrastructure, miners say

The southern African country has significant deposits of lithium as…

Reuters | October 25, 2023 | 9:19 am

Mining tycoon’s conviction may have cost him billionaire status

Beny Steinmetz was found guilty of bribing public officials in Guinea to secure the concession for the vast mountain of ore worth billions of dollars.

Bloomberg News | August 31, 2022 | 7:43 am

Development banks under pressure to compensate harmed communities

A rise in complaints about projects has prompted activists to push development banks to contribute to compensation.

Reuters | August 30, 2022 | 7:45 am

Harmony Gold drops on profit slump, tough mining conditions

Company paused a project to extend the mine life at its Tshepong operations, citing tough mining conditions and low grades.

Reuters | August 30, 2022 | 7:37 am

Sandfire moves forward with Botswana copper mine expansion

The Australian firm plans to set up a major mining hub in the Kalahari Copper Belt.

Cecilia Jamasmie | August 30, 2022 | 3:46 am

Mining tycoon Steinmetz seeks to topple bribery conviction

Steinmetz, 66, was convicted in January 2021 of bribing public officials in Guinea to secure the concession for the vast Simandou iron ore project.

Bloomberg News | August 29, 2022 | 6:51 am

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Capex of top 30 miners to grow 6.2% in 2023, but decline over next two years — report

Trafigura-backed Congo miner puts itself on sale amid debt woes

Syrah expects more graphite buys ahead of China export ban

World Bank grants South Africa $1 billion loan for energy reform

Namibia’s battery metal ambitions rest on infrastructure, miners say

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Mining tycoon’s conviction may have cost him billionaire status

Development banks under pressure to compensate harmed communities

Harmony Gold drops on profit slump, tough mining conditions

Sandfire moves forward with Botswana copper mine expansion

Mining tycoon Steinmetz seeks to topple bribery conviction

Six killed in mining convoy attack in eastern Burkina Faso

Northam Platinum posts profit dip as costs surge

DRDGold reports 22% profit fall as costs rise

Coal stock that’s up 300% gets Morgan Stanley price target boost