"The board yesterday approved the largest mining project in the world," CEO Stausholm told the Financial Times.

The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits.

Gold is Burkina Faso's main export, accounting for 37% of total exports in 2020.

China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.

Restructuring to impact 10% of Kumba's workforce.

The Democratic Republic of Congo's state miner is broadening a push to extract more from its copper and cobalt joint ventures

The miner has lost more than half its market value since public protests against the Cobre Panama project started in October.