Africa Top Stories

China’s CMOC reports jump in copper and cobalt output

Its Tenke Fungurume site added new mining capacity in March, lifting annual capacity to 450,000 tons of copper and 37,000 tons of cobalt.

Reuters | April 29, 2024 | 5:23 am

South Africa views BHP bid for Anglo as ‘normal market activity’

BHP is considering making an improved offer, Reuters sources said…

Reuters | April 29, 2024 | 5:18 am

Vedanta seeks deals with traders to help fund Zambia copper mine

Vedanta is trying to raise about $1.4 billion in total…

Bloomberg News | April 29, 2024 | 4:52 am

Endeavour Mining pours first gold at Senegal mine expansion

It has poured first gold from its Sabodala Massawa mine…

Cecilia Jamasmie | April 29, 2024 | 3:46 am

BHP mega bid and $10,000 copper expose mining’s biggest problem

The biggest producers all want to increase copper output to…

Bloomberg News | April 28, 2024 | 11:22 am

KoBold Metals expands Zambia footprint with Midnight Sun deal

KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner.

Cecilia Jamasmie | February 20, 2024 | 5:43 am

Osino-Dundee deal falls through after third-party superior bid

The new bid values Osino at $213 million and includes a $10m loan to fast-track the development of the Twin Hills gold project in Namibia.

Cecilia Jamasmie | February 20, 2024 | 3:25 am

US moves to restore stockpiling ‘panic button’ in EV metals fight with China

A 60% slump in cobalt prices over the last two years has exposed the fragility in Washington’s efforts to bolster supplies of critical minerals.

Bloomberg News | February 19, 2024 | 4:03 pm

Amplats plans to cut thousands of jobs after profit plunge

Anglo American Platinum's profit plunged by 71% last year.

Reuters | February 19, 2024 | 7:56 am

Column: West challenges China’s critical minerals hold on Africa

The West is now challenging China's tight grip on the mineral riches lying beneath the soil of the Congo and Zambia.

Reuters | February 16, 2024 | 8:38 am

Three dead as bus carrying B2Gold employees attacked in Mali

A bus transporting employees from the Fekola Mine was attacked about 75 km west of Bamako.

Reuters | February 16, 2024 | 8:11 am

First Quantum exercises option over two licences as it looks to expand in Zambia

The Canadian miner has not yet earned a stake in African Pioneer Zambia, the company that holds the copper licences.

Cecilia Jamasmie | February 16, 2024 | 3:24 am

Guinea talks carbon tax on mines as it seeks $4.3 billion loans

Guinea is among the world’s top producers of bauxite, a raw material used to produce aluminum.

Bloomberg News | February 15, 2024 | 3:30 pm

Sibanye-Stillwater, Heraeus team up to save palladium

The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal.

Cecilia Jamasmie | February 15, 2024 | 5:29 am

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