Africa Top Stories

More platinum deficits to come after record undersupply in 2020 – WPIC

By disrupting mining activity, the coronavirus pandemic affected platinum supply much more than demand, pushing the roughly 8-million ounce market into a deficit of 932,000 ounces last year.

Reuters | March 10, 2021 | 7:29 am

Danakali looks into solar, wind to power Eritrea potash project

The Australian miner says that both energy sources are viable…

Cecilia Jamasmie | March 10, 2021 | 7:25 am

Petra Diamonds completes restructuring

The diamond miner has concluded a reorganization, aimed at recapitalizing…

Cecilia Jamasmie | March 10, 2021 | 6:35 am

Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC

“It's a fundamental shift – people are investing from a…

Alisha Hiyate - Canadian Mining Journal | March 9, 2021 | 10:11 am

Biden reimposes sanctions on mining magnate Dan Gertler

The Trump administration had quietly issued a special license that…

Cecilia Jamasmie | March 9, 2021 | 7:13 am

Barrick’s Randgold acquisition may spur more gold M&A

The market may see the wave of consolidation we’ve been waiting for - Michael Siperco, analyst at Macquarie Capital Markets.

Bloomberg News | November 2, 2018 | 9:39 am

Gold miner Sibanye’s profit plunges after fatal accidents hit output

Shares in Sibanye-Stillwater hit a monthly low on Thursday, down 13.28 percent.

Reuters | November 1, 2018 | 12:21 pm

Mining veteran wants to build a $1B battery metals giant

TechMet Ltd., which controls just a handful of assets from Canada to Rwanda wants to help challenge China’s domination of the nascent industry.

Bloomberg News | November 1, 2018 | 6:39 am

Gold Fields workers to strike over planned 1,100 job cuts at South Deep

The National Union of Mineworkers (NUM), which represents around 80 percent of the employees at the mine, will down tools on Friday.

Cecilia Jamasmie | November 1, 2018 | 3:49 am

China’s CNNC seeking overseas partners to secure uranium

"Our vision is to be the world's leading uranium company" - Ni Tao deputy manager of China National Uranium Co Ltd

Reuters | October 31, 2018 | 12:47 pm

Zimbabwe’s RioZim shuts mines over dollar shortages

The company had run out of critical consumables and spares required for its mines, forcing the shutdown

Reuters | October 31, 2018 | 10:59 am

S.Africa’s Implats in talks to sell 1 Shaft operation in Rustenberg

Implats plans to trim staff by about a third -- more than 13,000 jobs -- over two years at its Rustenburg platinum belt.

Reuters | October 31, 2018 | 9:52 am

Barrick, Randgold sweeten dividend ahead of takeover deal vote

Randgold plans to sweeten its 2018 dividend by 35%, to $2.69 per share from $2, and pay it before the merger closes.

Reuters | October 31, 2018 | 9:36 am

Gem Diamonds revises up full-year output target as recoveries on the rise

So far in 2018, Gem has found thirteen diamonds over 100 carats, two of which were found in the third quarter.

Cecilia Jamasmie | October 31, 2018 | 9:33 am

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