Africa Top Stories

De Beers mergers two auctions after sales disappoint

It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022.

Staff Writer | May 17, 2023 | 11:03 am

Sinomine suspends Zimbabwe lithium ops over authorities’ concerns

The lithium operations have been put on hold for 7…

Reuters | May 15, 2023 | 10:53 am

AngloGold to move primary listing, head office out of South Africa

The miner is further distancing itself from the home country…

Cecilia Jamasmie | May 12, 2023 | 3:45 am

Africa needs $700 billion of finance for green energy and metals

The continent’s financial institutions won’t be able to provide even…

Bloomberg News | May 10, 2023 | 7:48 am

Top 10 new copper projects by mine life

Miners are scrambling to develop projects.

Colin McClelland | May 9, 2023 | 12:17 pm

Expansion of Lucara Diamond’s Karowe mine to take longer and cost more

Lucara expects to achieve 75% of slated full production by late 2029, 1.3 years later than planned and spend $20m more than budgeted.

Cecilia Jamasmie | August 11, 2021 | 4:50 am

UN says IPCC’s climate report “code red for humanity”

First major assessment from the UN-backed experts committee in nearly a decade sees no end to rising temperatures before 2050.

Cecilia Jamasmie | August 9, 2021 | 8:04 am

Mali’s gold exports ease 0.3% in 2020

Covid-19-related work stoppages impacted Mali's gold output in 2020.

Reuters | August 8, 2021 | 3:01 pm

AngloGold plunges as key African mine may stay shut all year

The company lowered its output goal by about 12% after removing planned gold from the Obuasi operation.

Bloomberg News | August 6, 2021 | 8:51 am

Nordgold begins mining at Lefa’s satellite deposit

The Diguili deposit, located about 22 miles from Lefa’s processing facility, is considered a core pillar of Nordgold’s expansion strategy.

Cecilia Jamasmie | August 6, 2021 | 7:09 am

Copper price gains as world’s biggest mine preps for strike

“Dr. Copper is supposed to give a good reading of how the economy is doing, and I think we are in limbo phase right now,” said WisdomTree analyst Nitesh Shah.

Reuters | August 6, 2021 | 4:33 am

China Moly commits $2.5 billion to double Tenke Fungurume copper, cobalt output

Project at the Congo-based mine, one of the world’s largest copper-cobalt deposits, is expected to be completed in 2023.

MINING.COM Editor | August 6, 2021 | 3:49 am

Diamond sales at De Beers’ Botswana unit rebound as global market recovers

Exports of diamonds from Debswana stood at $1.702 billion in the first half of the year.

Reuters | August 5, 2021 | 9:37 am

Sibanye-Stillwater expects big jump in first-half profits

The precious metals miner said lower outstanding debt, resulting in a decrease in finance costs had also contributed to the profit increase.

Reuters | August 5, 2021 | 6:51 am

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