Pensana Rare Earths gets $9m from Angola wealth fund to develop project

Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put its Elizabeth Bay Mine up for sale.

Mining is a long-term game, but in southern Africa dramatic political changes have transformed the investment mood for the better in the space of a year.

Endeavour Mining Corp. one of the fastest-growing gold producers in Africa, says bigger isn’t always better.

Nation to consider applications from platinum, diamonds mining companies exempted from requirement that they be at least 51 pct owned by black citizens.

The miner flagged headline earnings per share of $0.23 to $0.26 per share for the year ended Dec. 31, 2017.

Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting of those royalties.

The 102.34-carat white diamond is thought to be worth considerably more than previous auction records for similar pieces.

South African competition authorities have approved the exchange of selected Sibanye-Stillwater's assets for a 38% stake in DRDGOLD Ltd.

DRC tried to strike more conciliatory tone after week of heated exchanges between Africa’s top copper producer and some of its largest foreign investors.