Africa Top Stories

South Africa, Indonesia get $1 billion to close coal plants

The allocation of $500 million each to the coal-dependent countries will come in the form of “concessional,” or low cost, finance, the World Bank-affiliated fund said in a statement.

Bloomberg News | October 28, 2022 | 11:22 am

RANKED: The world’s top 10 most valuable base and precious metal mines

Ranking is topped by a polymetallic mine in Russia’s arctic…

Frik Els | October 28, 2022 | 11:11 am

Gold Fields, Yamana heads defend takeover deal as top investor balks

Gold Fields CEO Chris Griffith says he “remains confident" and…

Bloomberg News | October 28, 2022 | 10:28 am

Top investor opposes Gold Fields’ takeover of Yamana

Joe Foster, who manages gold funds at investment firm VanEck, said the merger…

Reuters | October 28, 2022 | 7:52 am

Tharisa issues $50m bond for Zimbabwe platinum mine build

The bond, which is not rated, is the first issued…

Reuters | October 28, 2022 | 7:37 am

RANKED: Top 20 mining companies – capital raised in 2020

Gold miners dominate the list, but metallurgical coal and phosphate rock companies rank number two and five, respectively.

MINING.com Editor | October 27, 2020 | 12:20 pm

Stronger diamond prices lift Petra Diamonds’ Q1 revenue

Production fell 10% year on year to 974,346 carats due to the ongoing closure of the Williamson mine in Tanzania.

Reuters | October 27, 2020 | 9:06 am

Barrick’s Loulo-Gounkoto on track to meet 2020 guidance

The Toronto-based miner said production performance has been robust despite the coup-d'etat in Mali and the covid-19 pandemic.

MINING.COM Staff Writer | October 27, 2020 | 5:39 am

MMG slashes guidance for Las Bambas by over 10%

Company anticipates production of 305,000-315,000 tonnes this year, while cautioning that a “high degree of operational uncertainty remains.”

MINING.COM Staff Writer | October 26, 2020 | 11:05 am

Danakali shares drop after second AFC loan set to fall through

The potash developer is facing funding issues as the miner’s second loan tranche from the Africa Finance Corporation (AFC) looks set to fall through.

Cecilia Jamasmie | October 26, 2020 | 7:42 am

Nordgold-Shandong bidding war for Cardinal heats up

Nordgold says Cardinal is misleading its shareholders by suggesting that a higher offer from Shandong can be unlocked.

Cecilia Jamasmie | October 26, 2020 | 3:58 am

Global copper production to increase in 2021 after two years of declines: ICSG

ICSG estimates a deficit of about 50,000 tonnes of copper this year and a surplus of about 70,000 tonnes in 2021.

Carl A. Williams - The Northern Miner | October 23, 2020 | 9:52 am

Barrick granted ten exploration licences in Tanzania

The gold giant will spend $8 million in exploration in the African country by year-end.

Cecilia Jamasmie | October 23, 2020 | 7:23 am

White Metal kicks off exploration at Taranis

Taranis’ Okohongo copper-silver deposit is situated within the Kaoko Belt of northwest Namibia.

MINING.COM Staff Writer | October 23, 2020 | 5:30 am

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