Africa Top Stories

Transnet snubs Kumba’s overture to run lucrative South African iron ore rail line

Kumba Iron Ore wants to lease the line from Transnet or run it on a concession basis.

Bloomberg News | February 24, 2023 | 10:45 am

Uganda gold export earnings fall 80% yr/yr in 2022

Uganda shipped gold worth $201 million over the 12 months…

Reuters | February 24, 2023 | 8:21 am

AngloGold says 2023 production to be hit by Brazil plant halt

AngloGold has stopped adding mine waste to its Calcinados tailings…

MINING.com Editor | February 24, 2023 | 5:36 am

Gold Fields not pursuing big M&A deals after Yamana disappointment

Gold Fields shares fell 5% on Thursday after it flagged…

Reuters | February 23, 2023 | 8:32 am

Harmony Gold says profit boosted by better metal grades and prices

Harmony expects to report a 10% jump in production costs.

Reuters | February 23, 2023 | 7:42 am

Barrick readies to open Loulo-Gounkoto underground mine

The miner has also started a prefeasibility study for an underground operation at Loulo 3 and a large open pit at Yalea South.

Cecilia Jamasmie | April 27, 2021 | 6:40 am

Copper price surges toward $10,000 as bulls bet on global rebound

Bulls are swarming in to profit as stimulus measures, vaccine rollouts and climate pledges fuel a global recovery from the pandemic.

Bloomberg News | April 27, 2021 | 5:13 am

Diamond stash worth billions sold off after demand roars back

It’s been a rapid turnaround as cutting centers in India and Antwerp rushed to replenish supplies they’d been unable to buy during the worst of the crisis.

Bloomberg News | April 26, 2021 | 7:07 am

Ivanhoe inks deal to boost hydropower at Kamoa-Kakula

State-owned La Société Nationale d'Electricité (SNEL) will help upgrade a major turbine, part of the Inga II hydropower complex.

Cecilia Jamasmie | April 26, 2021 | 7:00 am

Eramet says sales buoyed by mining unit, passes on A&D offer

Group sales reached $1.01 billion in Q1 2021, up 8% compared with the same period a year earlier.

Reuters | April 26, 2021 | 6:44 am

Fortuna Silver to buy Roxgold in $884 million deal

The combined miner, with operations in Latin America and West Africa, will produce about 450,000 ounces of gold equivalent a year.

Cecilia Jamasmie | April 26, 2021 | 4:01 am

Battery metal rush pits miners against marine biologists

New regulations are expected from the International Seabed Authority.

Bloomberg News | April 25, 2021 | 9:27 am

Zimbabwe gold output down 30% in first quarter

Small-scale miners who produce half of the mineral say shafts were flooded by above normal rainfall during the period.

Reuters | April 23, 2021 | 8:14 am

Debswana to sink $6bn into Jwaneng underground mine

The expansion will produce as much as 9 million carats per year, extending the current diamond mine’s lifespan by 20 years.

MINING.COM Editor | April 23, 2021 | 7:00 am

First

Last