Africa Top Stories

Sandfire awards $496 million mining contract at new Botswana copper mine

The Kalahari Copper Belt, which extends for nearly 1,000 km from northeast Botswana to western Namibia, is touted as one of the world’s emerging but mostly under-explored copper-silver region.

Reuters | June 9, 2021 | 4:36 am

Vale to pay $2.5bn to settle liabilities in Mozambique mine corridor

With the payment, Vale said it will have fulfilled all…

Reuters | June 8, 2021 | 4:03 pm

Newcore shares surge on updated Enchi PEA

At spot gold prices, Enchi delivers post-tax NPV5% of more…

Henry Lazenby | June 8, 2021 | 10:54 am

World needs Congo copper to kick fossil fuels, Friedland says

“If we came from Mars and we were sent in…

Bloomberg News | June 8, 2021 | 8:12 am

Moody’s flags significant ESG risks to mining with new ratings

The ratings agency has released new ESG issuer profile and…

Cecilia Jamasmie | June 8, 2021 | 8:03 am

Platinum price: S. Africa output jump will push oversupply to 6-year high

Even though demand for the precious metal is growing for first time since 2015.

Frik Els | March 6, 2019 | 9:50 am

Newmont rejects $18B hostile bid by Barrick, releases private messages

The US mining giant also fired back with a deal that seeks merging operations in the state of Nevada.

Cecilia Jamasmie | March 4, 2019 | 7:34 am

Codelco expected to generate $13.9 billion in 2019

Operating costs are forecasted to be of $9.9 billion.

Valentina Ruiz Leotaud | March 3, 2019 | 9:26 am

How the cobalt market fell victim to allure of electric cars

Adding to the allure was a widely-held view that cobalt supply is constrained.

Bloomberg News | March 1, 2019 | 12:50 pm

Glencore CEO is said to meet Congo leader after ties strained

The meeting comes after relations between mining companies and the government deteriorated last year.

Bloomberg News | March 1, 2019 | 12:40 pm

Botswana’s president denies report of $600 million diamond-backed loan to Zimbabwe

Zimbabwe's secretary in the ministry of foreign affairs was quoted as saying Botswana had offered to lend Zimbabwe $500 million to support its diamond industry.

Reuters | March 1, 2019 | 10:46 am