Africa Top Stories

South Africa’s platinum output back to pre-covid levels on job cuts

The World Platinum Investment Council says more than 10,000 jobs have been lost in 2024 amid falling PGM prices.

Staff Writer | September 12, 2024 | 4:45 am

Atlantic Lithium secures environmental permit for Ghana mine

The permit serves as Ghana’s Environmental Protection Agency's approval for…

Cecilia Jamasmie | September 12, 2024 | 3:49 am

Zimbabwe’s biggest miners seek $182 million for solar projects

Zimbabwe faces an energy shortfall that often triggers the state-owned…

Bloomberg News | September 11, 2024 | 11:13 am

Anglo American nets over $400m from platinum unit share sale amid demerger plans

An accelerated bookbuild offering of about 13 million shares of…

Reuters | September 11, 2024 | 6:17 am

Gem Diamonds finds 126.2-carat stone at Letšeng mine

The 126.21 carat Type II white diamond is the twelfth greater…

Staff Writer | September 11, 2024 | 3:28 am

Orezone secures $105 million funding for Bomboré mine expansion

The company estimates that its annual gold production will increase to over 170,000 oz. in 2026, an approximate 50% increase from current levels.

Staff Writer | July 10, 2024 | 8:31 am

Iron ore’s $100 price floor at risk of collapse from jump in supply

A wave of cheap supply starts to build in West Africa.

Bloomberg News | July 10, 2024 | 8:26 am

CMOC to double copper output at Congo mines to 1 million tonnes by 2028

The Chinese miner produced about 420,000 tonnes of copper in 2023.

Reuters | July 10, 2024 | 7:17 am

Barrick to boost Mali exploration as regulations shift

Mali's mining code has recently undergone a significant review, resulting in a new set of rules in force since July 3rd.

Cecilia Jamasmie | July 10, 2024 | 5:13 am

Mining’s top 50 companies: two more lithium stocks drop out

The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.

Frik Els | July 9, 2024 | 5:47 pm

Aya pours first silver at expanded Zgounder mine

Ore feed to the mill is expected this quarter, with commercial production to follow.

Staff Writer | July 9, 2024 | 1:07 pm

Conflict in Congo threatens trade in key metals, UN experts say

Companies buying metal sourced from central Africa could be exposing themselves to United Nations sanctions.

Bloomberg News | July 9, 2024 | 7:34 am

Anglo American kicks off coal assets sale — report

Anglo is said to have hired Goldman Sachs, Morgan Stanley and Centerview Partners to assist with the sale of $5 billion worth of assets.

Cecilia Jamasmie | July 9, 2024 | 4:03 am

RANKED: World’s top 10 gold mining companies

Newmont remains the top gold producer with 5.5 million oz. across its global operations, which span four continents.

Staff Writer | July 7, 2024 | 2:30 pm

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