Africa Top Stories

South Africa’s climate pact to channel money to coal belt

Investment plan for a $8.8 billion pledged in climate finance will see part of the money spent in Mpumalanga, the country’s coal-mining and power plant hub.

Bloomberg News | November 24, 2023 | 6:55 am

Silvercorp Metals sweetens offer for OreCorp

The improved bid values OreCorp at $170m and follows rumors…

Cecilia Jamasmie | November 23, 2023 | 4:08 am

Giant lithium deposit in DRC sparks boardroom battle

The Manono project in the Democratic Republic of Congo has…

Bloomberg News | November 22, 2023 | 9:45 am

Mali signs agreement with Russia to build gold refinery

The accord involves building a 200-tonnes-per-year refinery.

Reuters | November 22, 2023 | 7:45 am

Sibanye shares plunge on convertible bond sale

The stock sank as much as 25% in Johannesburg, wiping…

Bloomberg News | November 21, 2023 | 9:49 am

Barrick Gold to sell royalty portfolio to Maverix Metals for $60 million

The Portfolio consists of 22 royalties on the production of minerals from mines in North America, South America, Australia and Africa.

Staff Writer | September 1, 2022 | 3:44 pm

RANKED: World’s top gold producers in H1 2022

In a snapshot of the world's gold supply, Miningintelligence data provides a ranking of the largest gold producers.

Miningintelligence | September 1, 2022 | 9:22 am

Uganda scraps gold export levy that prompted slump in sales

Uganda introduced the levy -- as well as a 10% tax on unprocessed gold -- on July 1 last year to boost revenue from the metal.

Bloomberg News | September 1, 2022 | 7:23 am

African Rainbow Minerals not convinced nickel price sustainable

Nkomati mine remains under care and maintenance.

Reuters | September 1, 2022 | 7:17 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