Africa Top Stories

Sibanye may seek $500m via metals prepayment deals to boost cash

The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.

Reuters | April 10, 2024 | 5:31 am

Amplats says it has received no credible offers for South African assets

Parent company Anglo American prompted the speculation in February when…

Reuters | April 10, 2024 | 5:25 am

Silvercorp sells stake in Orecorp to Perseus Mining

Silvercorp is selling its 15.6% stake in OreCorp to Perseus…

Cecilia Jamasmie | April 10, 2024 | 3:29 am

Guinea’s Simandou iron ore project secures $15 billion financing

The project is expected to add around 5% to the…

Staff Writer | April 9, 2024 | 9:52 am

Altona Rare Earths strikes copper deal in Botswana

The Africa-focused explorer and developer can acquire up to 85%…

Staff Writer | April 9, 2024 | 5:43 am

Zimbabwe rescues all 15 trapped miners alive

Fifteen subsistence mine workers had been trapped in an underground shaft at the Redwing mine in Zimbabwe after it collapsed on Thursday.

Reuters | January 7, 2024 | 11:00 am

Blade runners: how LFP batteries brought EV metal markets back to earth

In a few short years, LFP batteries crushed nickel and cobalt mining markets and new technology could do the same to lithium.

Frik Els | January 5, 2024 | 9:48 am

Harmony Gold reports fatality at Mponeng mine

At least 54 workers died in mining-related accidents in South Africa last year.

Reuters | January 5, 2024 | 9:34 am

Endeavour Mining plunges after firing CEO for serious misconduct

The miner removed de Montessus after discovering an alleged “irregular payment instruction” of $5.9 million related to an asset sale.

Bloomberg News | January 5, 2024 | 3:21 am

Zimbabwe gold mine collapse leaves 11 miners trapped

Workers are trapped in an underground shaft after a ground collapse at Zimbabwe's Redwing Mine.

Reuters | January 5, 2024 | 3:02 am

Endeavour Mining says it fired CEO for ‘serious misconduct’

The removal of Sébastien de Montessus follows an investigation by the board into an irregular payment instruction of $5.9 million issued by him.

Bloomberg News | January 4, 2024 | 10:41 am

CMOC takes Glencore’s cobalt crown as output jumps 170%

Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing.

Bloomberg News | January 4, 2024 | 10:11 am

Gold Fields reports employee death in accident at South Deep mine

Operations at the mine have been suspended.

Reuters | January 4, 2024 | 3:03 am

Ivanhoe ships first copper through Angola via railway

Initial shipment of nearly 1,110 tonnes of Kamoa-Kakula's copper concentrate arrived at the Angolan port in eight days.

Cecilia Jamasmie | January 3, 2024 | 3:51 am

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