Africa Top Stories

Danakali sells stake in flagship Colluli potash project in Eritrea

Buyers Sichuan Road and Bridge Group have paid $105 million. A second instalment of $16 million is expected within the next six months

Cecilia Jamasmie | March 31, 2023 | 6:20 am

Mali to review and renegotiate mining contracts

Mali is one of Africa's largest producers of gold, which…

Reuters | March 30, 2023 | 10:04 am

South African ex-Treasury boss helms billion-dollar lithium plan

The former head of South Africa’s National Treasury has been…

Bloomberg News | March 30, 2023 | 9:46 am

US plans Tanzania trade boost as Kamala Harris tours Africa

Harris's office highlighted US support for a plan by LifeZone…

Reuters | March 30, 2023 | 7:53 am

“Eternal Pink” diamond could fetch more than $35 million at auction

The 10.57-carat diamond also carries the highest price per carat…

Cecilia Jamasmie | March 30, 2023 | 3:46 am

Cobalt ‘bubble’ will burst, Ivanhoe executive in Congo says

The head of the chamber of mines in the DRC suggests investors focus instead on Congo’s copper.

Bloomberg News | June 15, 2021 | 11:19 am

Forrest sets sights on reviving Congo’s hydro vision

Fortescue says it has held talks with the Democratic Republic of Congo for exclusive rights to develop the Grand Inga suite of projects.

Bloomberg News | June 15, 2021 | 9:41 am

WATCH: Thousands rush to dig for diamonds in South Africa

The government has ordered people searching for diamonds near the town of Ladysmith to disperse as it investigates validity of claims.

Cecilia Jamasmie | June 15, 2021 | 8:02 am

‘Diamond rush’ grips South African village after discovery of unidentified stones

The mines department said it was sending a team comprising of geological and mining experts to the site to collect samples and conduct an analysis.

Reuters | June 14, 2021 | 11:33 am

Ganfeng Lithium to buy 50% of Mali mine for $130 million

Ganfeng also wants at least half of Goulamina’s first-phase annual output, estimated in 455,000 tonnes of spodumene.

Cecilia Jamasmie | June 14, 2021 | 10:11 am

Tanzania to add gold to reserves, resume $3 billion iron project

The government wants to raise the contribution of mining to Tanzania’s gross domestic product to 10% by 2025 from the current 6.7%.

Bloomberg News | June 14, 2021 | 9:46 am

Gold Fields, unions agree on a wage deal for Deep South mine

Company concluded a three-year wage agreement with unions representing employees at its gold mine.

Reuters | June 11, 2021 | 7:18 am

Anglo’s coal retreat may boost South African fossil fuel output

Expansion at Thungela’s could mean the spinoff generates more greenhouse gases than had the mines been gradually run down by Anglo.

Bloomberg News | June 10, 2021 | 10:51 pm

Nature-related financial risk opens new can of worms for miners

Verisk Maplecroft believes that funds and international creditors have an opportunity to drive conservation improvements by tying finance to ESG milestones.

Cecilia Jamasmie | June 10, 2021 | 2:00 am

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