Africa Top Stories

Danakali eyes finish line for Eritrea potash project

Danakali will spend the rest of 2020 focused on closing the required financing to bring its Colluli potash project closer to construction, as Eritrea eases covid-19 restrictions.

Cecilia Jamasmie | August 27, 2020 | 7:52 am

Wage talks with Kumba Iron Ore hit deadlock, union says

Union said the company had agreed a wage increase of…

Reuters | August 26, 2020 | 8:26 am

RioZim expects demand bounce after virus turmoil

Zimbabwe’s second-largest diamond miner sees demand picking up.

Bloomberg News | August 26, 2020 | 8:22 am

South Africa ministry OKs AngloGold asset sale but blocks delisting

The gold miner has not yet received all necessary approvals…

Cecilia Jamasmie | August 26, 2020 | 4:03 am

Trevali weighs Rosh Pinah expansion with strong prefeasibility returns

Results suggest potential for increased production at lower operating costs…

Canadian Mining Journal Staff | August 25, 2020 | 11:25 am

Mining exploration spending drops to 11-year low

Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.

Frik Els | February 23, 2017 | 4:11 pm

Stellar Diamonds to operate Tonguma mine in Sierra Leone

The company originally intended to combine its Tongo project with Tonguma, but it has now decided to become the mine's operator.

Cecilia Jamasmie | February 23, 2017 | 9:05 am

Vale swings back into the black on soaring iron ore prices

The world's No.1 iron-ore producer recorded a net profit of $3.98 billion in 2016, a significant recovery from a loss of $12.13 billion it reported a year earlier.

Cecilia Jamasmie | February 23, 2017 | 6:20 am

Glencore’s profit soars on commodities rebound

A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.

Cecilia Jamasmie | February 23, 2017 | 3:07 am

World’s deepest mine gets $1 billion injection

Work on AngloGold Ashanti's Mponeng gold mine in South Africa started in 1981 – a brownfield expansion project will extend the mine's life beyond 2050.

Frik Els | February 22, 2017 | 4:26 pm

Anglo American not selling assets any more as it returns to profit

The world's number five diversified miner posted its first annual net profit in five years.

Cecilia Jamasmie | February 22, 2017 | 3:10 am

Sherritt mulling Ambatovy retreat to pop debt balloon

Sherritt's dream of lifting Madagascar out of poverty and making a handsome packet for itself from the proceeds of a huge nickel mine appear to be in jeopardy.

Andrew Topf | February 20, 2017 | 4:57 pm

Vale’s iron ore output just hit another record

The world’s No.1 iron ore miner produced 349 million tonnes of the steelmaking ingredient in 2016, helped partly by the opening of its massive S11D mine.

Cecilia Jamasmie | February 16, 2017 | 6:20 am

These 10 companies spend most looking for gold, copper

Majors and juniors swap roles in $7 billion a year mining exploration sector

Frik Els | February 15, 2017 | 9:09 am

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