Africa Top Stories

Video: Barrick sharpens focus on capital discipline and copper growth, CEO says – Part 1

Barrick has prioritized growth investments with shareholder returns and loan retirements, distributing $5 billion and cutting debt by $3.5 billion.

Northern Miner Staff | October 8, 2024 | 2:03 pm

UK fraud watchdog settles case brought by ENRC for ‘leaks’ during investigation

The Kazakh mining group accused Britain's Serious Fraud Office of…

Reuters | October 8, 2024 | 11:11 am

Mali seeks $500 million in outstanding taxes and dividends from Barrick

Authorities in Mali briefly detained four Malian staff members working…

Staff Writer | October 8, 2024 | 10:16 am

Barrick Gold touts new discoveries at DRC’s Kibali mine

These near-mine discoveries, alongside ongoing exploration at the asset, promise…

Staff Writer | October 8, 2024 | 10:02 am

Trigon hits ‘surprise’ high-grade copper at Kombat mine in Namibia

Trigon restarted production at Kombat in 2022.

Blair McBride - The Northern Miner | October 8, 2024 | 9:10 am

Glencore ceases to stockpile cobalt

Large surpluses of cobalt have pushed prices to around $12 per lb, the lowest since 2016.

Reuters | August 7, 2024 | 7:01 am

Zambia’s proposed minerals law may hurt copper investment, mines lobby says

Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia.

Reuters | August 7, 2024 | 6:56 am

Gem Diamonds digs up 145 carat diamond in Lesotho

The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine.

Staff Writer | August 7, 2024 | 5:24 am

Glencore scraps plans to ditch coal on investor pressure

Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns.

Cecilia Jamasmie | August 7, 2024 | 4:03 am

Copper 360 reboots Rietberg mine in South Africa

This marks the first time in more than four decades that copper has been mined from the O’Kiep district.

Staff Writer | August 6, 2024 | 10:49 am

AngloGold says free cash flow to double in second half

The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings.

Reuters | August 6, 2024 | 6:58 am

Petra defers another diamond tender amid weak demand

Petra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned.

Cecilia Jamasmie | August 6, 2024 | 3:43 am

Endeavour’s ex-CEO paid miner $1.35 million settlement after firing

The London-listed company removed Sebastien de Montessus in January amid a probe into an “irregular” payment.

Bloomberg News | August 5, 2024 | 11:26 am

VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office

The sector employs nearly half a million people and contributes about 7% to the country's GDP.

Staff Writer | August 5, 2024 | 10:36 am

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