South African unions urge Anglo holders to reject BHP bidBHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover.Bloomberg News | May 7, 2024 | 7:48 am
Ganfeng seeks full control of lithium mine in MaliThe board of the miner approved the proposal to acquire…Bloomberg News | May 7, 2024 | 7:44 am
BHP insists Anglo American’s South African assets must go in any takeoverBHP sees advantages for South Africa in a distribution of…Reuters | May 7, 2024 | 4:46 am
Thungela sets higher coal output target as it seeks more assets The newly acquired Ensham mine is forecast to ramp up output to about 4 million tons by 2026 from 2.9 million tons last year. Reuters | March 18, 2024 | 6:37 am
Lucapa Diamond soars on 48% rise in resources at Angola mine Resources at Lulo mine in Angola increased to 228,000 carats as of December 31, up from 153,870 carats the previous year. Cecilia Jamasmie | March 18, 2024 | 3:51 am
Congo rebels block trade routes, threatening supply of key metal The world’s supply of tantalum, an essential component in most computers and mobile phones, is under threat. Bloomberg News | March 15, 2024 | 10:36 am
Copper price surges on supply threat as iron ore shows economic risks Prices for two of the world’s most important mined commodities are diverging quickly. Bloomberg News | March 15, 2024 | 7:14 am
Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement Under the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo. Reuters | March 14, 2024 | 12:50 pm
Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2 "We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo. Reuters | March 14, 2024 | 10:52 am
Exxaro still keen on copper after Botswana setback Coal miner is considering potential deals to acquire copper and manganese assets as part of its diversification strategy. Reuters | March 14, 2024 | 6:54 am
Guinea junta names new mines minister Bouna Sylla is former head of the state company that managed infrastructure projects on the giant Simandou iron ore project. Reuters | March 13, 2024 | 1:29 pm
Montage Gold raises $26 million for Koné project in Africa The project has total probable reserves of 11.3 million oxide tonnes grading 0.63 g/t gold, 7.9 million transition tonnes at 0.63 g/t gold, and 155.1 million fresh tonnes at 0.73 g/t gold. Staff Writer | March 13, 2024 | 10:28 am