Africa Top Stories

Biden open to easing sanctions on billionaire Gertler in return for Congo exit

The Treasury Department is willing to grant limited sanctions in return for Gertler relinquishing his royalty streams on three strategic projects.

Bloomberg News | May 16, 2024 | 3:24 pm

Anglo American freezes hiring amid global shake-up

Anglo's decision affects recruitment of non-site-based permanent employees and contractors,…

Staff Writer | May 16, 2024 | 5:08 am

Chinchillas throw new wrench in Gold Fields’ Chile plans

Gold Fields has 10 days to prove there are no…

Cecilia Jamasmie | May 16, 2024 | 3:43 am

BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was…

Bloomberg News | May 15, 2024 | 9:24 am

Saudi’s new mining vehicle picks industry veteran as first CEO

Manara Minerals has hired veteran dealmaker Pierre Chenard to be…

Bloomberg News | May 15, 2024 | 8:52 am

African development banks expected to fund Caledonia’s new Zimbabwe mine, CEO says

The new mine at Bilboes will produce at least 170,000 ounces annually, making it potentially the country's biggest gold mine.

Reuters | April 3, 2024 | 9:29 am

Thor picks up exploration licences near Douta gold project in Senegal

The company is currently advancing the Douta gold project towards the preliminary feasibility stage.

Staff Writer | April 3, 2024 | 5:45 am

African Rainbow Minerals ups copper game with Surge stake

The South African miner's move grants it access to an emerging critical metals district in British Columbia, Canada.

Cecilia Jamasmie | April 3, 2024 | 3:47 am

Perseus Mining still has plan to drill in war-torn Sudan

The Australian miner is holding out hope that the political backdrop there will stabilize over the longer term.

Bloomberg News | April 3, 2024 | 2:33 am

Electra Battery to source cobalt from Eurasian Resources for Ontario refinery

Once fully commissioned, the refinery could produce sufficient cobalt for up to 1.5 million electric vehicles annually.

Staff Writer | April 2, 2024 | 6:30 am

Paladin Energy kicks off commercial production at Namibia uranium mine

The company will now focus on ramping up operations at its 75%-owned Langer Heinrich uranium mine as demand for the material picks up.

Cecilia Jamasmie | April 2, 2024 | 5:37 am

Gold Fields begins gold production at new Chilean mine

The almost $1.2bn Salares Norte mine faced some unique challenges, including relocating a handful of endangered rodents, rocketing costs and technical delays.

Cecilia Jamasmie | April 2, 2024 | 3:54 am

NextSource applies to build graphite plant in Mauritius

The facility will have capacity to produce 3,600 tonnes of battery-grade graphite a year, increasing to 14,400 tonnes after 2024.

Cecilia Jamasmie | April 1, 2024 | 3:47 am

New beetle species discovered at Orapa diamond mine in Botswana

Researchers say the Orapa deposits are enriching humanity’s understanding of Cretaceous ecosystems.

Staff Writer | March 31, 2024 | 6:06 am

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