Africa Top Stories

China mining firms partner with Zimbabwe on lithium mine

Zhejiang Huayou Cobalt and Tsingshan Holding Group are defying low prices to develop a deposit in Africa.

Bloomberg News | September 24, 2024 | 7:56 am

Congo’s South Kivu governor clears miners to resume operations

All mining activities in the restive region were suspended in…

Reuters | September 24, 2024 | 6:08 am

Petra Diamonds adjusts strategy amid 2024 market challenges

The diamond miner dealt with headwinds in fiscal year 2024…

Cecilia Jamasmie | September 24, 2024 | 3:42 am

BHP and Cobre to jointly explore for copper in Botswana

The potential earn-in JV covers Cobre's Kitlanya West and East…

Cecilia Jamasmie | September 23, 2024 | 9:47 am

First Quantum suspends operations at Zambia mine after fatal accident

The company said the worker died following an incident involving…

Reuters | September 23, 2024 | 6:41 am

Glencore to pay $152 million fine in bribery case

Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.

Staff Writer | August 5, 2024 | 8:51 am

Endeavour maintains gold production target amid Senegal strike

The company said in April it’s on track to achieve full-year guidance of between 1.13 million ounces and 1.27 million ounces.

Bloomberg News | August 3, 2024 | 3:48 pm

Lotus Resources signs mine development agreement with Malawi gov’t

The company's next steps are to complete offtake negotiations for the first phase of contracting and finalize the project's financing.

Staff Writer | August 2, 2024 | 12:13 pm

Endeavour production target at risk as workers embark on strike

The work stoppage in Senegal risks having a serious impact on gold production in the second trimester of 2024.

Bloomberg News | August 2, 2024 | 11:28 am

CHART: Did the EV battery metals industry peak in 2022?

This is not what a bullish stream graph looks like.

Frik Els | August 2, 2024 | 10:59 am

Pambili produces first gold from Zimbabwe mine

The project has been underexplored in the modern era and has the potential to host a bulk mineable gold deposit, the company says.

Staff Writer | August 2, 2024 | 10:26 am

Glencore overshadowed in cobalt market as Chinese rival booms

China’s CMOC Group has strengthened its status as the world’s cobalt king.

Bloomberg News | August 2, 2024 | 6:26 am

Diamond sales at Debswana fall 49.2% as market downturn continues

In the first half of the year, Debswana sold diamonds worth $1.29 billion compared to $2.54 billion registered in the same period last year.

Reuters | August 1, 2024 | 6:43 am

Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact

Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government.

Bloomberg News | July 31, 2024 | 12:20 pm

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