Africa Top Stories

Zimbabwe’s biggest diamond miner shifts sales to Dubai auctions

Zimbabwe Consolidated Diamond Co. has auctioned 4 million carats of stones so far this year.

Bloomberg News | October 20, 2023 | 4:02 am

Atlantic Lithium granted 15-year permit for Ghana mine

It comes as Ghana seeks to diversify away from gold…

Cecilia Jamasmie | October 20, 2023 | 3:26 am

Indonesian copper-gold company storms ranking of world’s 50 most valuable mining stocks

Amid a wider slump, MINING.COM’s ranking was lit up by…

Frik Els | October 19, 2023 | 2:54 pm

RMI and Copper Mark release Risk Readiness Assessment criteria

RRA consists of 33 criteria covering ESG risks, and defines…

Staff Writer | October 19, 2023 | 11:58 am

Caledonia explores funding options to build Zimbabwe’s biggest gold mine

Gold miner wants to raise $250 million for Bilboes mine.

Reuters | October 19, 2023 | 6:59 am

Miners’ profits face an unusual foe: extreme weather

It is an unusual situation for companies that have experience operating anywhere in the world.

Reuters | July 29, 2022 | 10:08 am

Debswana diamond sales jump 54% in first half of 2022

Sales were driven by strong jewelry demand in the US market.

Reuters | July 29, 2022 | 8:01 am

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.

Bloomberg News | July 29, 2022 | 5:55 am

Anglo American’s new boss sounds warning on future copper supply

The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.

Bloomberg News | July 28, 2022 | 10:12 am

Zimbabwe to raise taxes on platinum, lithium to boost revenue

The southern African country is the third largest producer of platinum, after South Africa and Russia.

Bloomberg News | July 28, 2022 | 8:02 am

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

Reuters | July 28, 2022 | 7:55 am

Rio Tinto inks deal to unlock huge Simandou iron ore project

The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.

Bloomberg News | July 28, 2022 | 3:03 am

Eskom seeks partners for $71 billion energy transition plan

The state-owned power utility is saddled with 396 billion rand of debt.

Bloomberg News | July 27, 2022 | 11:26 am

Rio Tinto says Simandou deal close after wrangles over railway

Rio Tinto said it’s close to a breakthrough in a landmark deal to unlock the world’s biggest untapped iron ore mine.

Bloomberg News | July 27, 2022 | 9:51 am

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