Africa Top Stories

CMOC threatens legal action over Congo cobalt mine export block

Tenke Fungurume Mining suspended copper and cobalt exports in July, when a dispute between Congo and CMOC escalated.

Reuters | December 5, 2022 | 7:10 am

Glencore pays $180 million to Congo to settle corruption claims

Deal is the latest payment in a series of graft…

Cecilia Jamasmie | December 5, 2022 | 6:53 am

War in east is eroding Congo’s budget surplus, finance minister says

Windfall revenue from mining has compensated for some of the…

Bloomberg News | December 4, 2022 | 10:57 am

German minister pursuing hydrogen in Namibia, South Africa

Minister Robert Habeck is visiting Namibia and South Africa to…

Bloomberg News | December 4, 2022 | 10:14 am

Roscan secures royalty financing from Osisko Gold; stock rises

Osisko could acquire up to a 2% NSR royalty on…

Staff Writer | December 2, 2022 | 9:28 am

Global cobalt production capacity expected to be cash positive in 2021 – report

A new report by Roskill predicts that cobalt’s all-in sustaining cost of production will fall this year.

MINING.COM Staff Writer | January 10, 2021 | 12:05 pm

Beny Steinmetz’s bribery trial to begin Monday

The owner of BSG Resources is accused of paying the wife of Guinea’s deceased former president to secure the concession rights to the Simandou iron ore project.

MINING.COM Staff Writer | January 8, 2021 | 11:29 am

Glencore in final talks over Mopani sale

According to Zambian state radio, a deal is likely to be signed next week.

MINING.COM Staff Writer | January 8, 2021 | 9:05 am

Copper, iron ore price rally adds $250bn to top 50 mining companies

The world’s 50 most valuable mining companies jumps to a new record high of $1.3 trillion by year’s end.

MINING.com Editor | January 7, 2021 | 3:05 pm

Kuvimba seeks $1 billion for 2021 acquisitions, capex

Company is held by government pension funds and Zimbabwe’s sovereign wealth fund.

Bloomberg News | January 7, 2021 | 8:00 am

Global natural graphite output to grow 7.6% in 2021 – report

Looking ahead, natural graphite production is expected grow at a 5.6% CAGR through 2024.

MINING.com Editor | January 6, 2021 | 10:45 am

In blow to Vedanta, Zambian court rules KCM liquidator to stay in post

The government accuses Vedanta of failing to honour licence conditions, including promised investment.

Reuters | January 6, 2021 | 8:55 am

Production at Kamoa-Kakula less than six months away

Ivanhoe Mines reported record-setting progress in December at the DRC copper project.

MINING.COM Staff Writer | January 6, 2021 | 6:20 am

R&B star Akon enters Congo mining sector in JV with state company

Congo is Africa's top producer of copper and the world's leading miner of cobalt.

Reuters | January 5, 2021 | 10:44 am

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