Rio Tinto ups stake in Sovereign Metals with $12.4m investmentThe fresh investment takes Rio's interest in Sovereign, the owner of Malawi's Kasiya rutile-graphite project, to 19.76%.Cecilia Jamasmie | July 3, 2024 | 3:50 am
Congo sells its own copper from joint ventures for first timeGecamines is offering copper from CMOC’s giant Tenke Fungurume mine,…Bloomberg News | July 2, 2024 | 11:03 am
Ivanhoe sells new zinc mine’s output to Trafigura, China’s CiticThe Kipushi zinc mine produced its first concentrate on June…Bloomberg News | July 2, 2024 | 9:26 am
Orano says Niger has removed mining permit for its Imouraren unit The French miner said it remains willing to keep all channels of communication open with the Niger authorities on this subject. Reuters | June 20, 2024 | 9:49 am
Tsingshan’s $1 billion steel plant in Zimbabwe starts production Dinson Iron and Steel Company will produce 600,000 metric tons of carbon steel annually. Reuters | June 20, 2024 | 8:55 am
US backs Angola plan to process critical minerals, export power The southern African nation, one of the top crude producers on the continent, has become a focus for the US in its campaign to secure critical minerals such as copper as it competes against China. Bloomberg News | June 19, 2024 | 4:22 pm
Robex doubles size of private offering for flagship Kiniero gold project in Guinea The Kiniero gold project was acquired by Robex in 2022 as part of the business combination with Sycamore Mining. Staff Writer | June 19, 2024 | 10:54 am
JCHX closes in on Zambian copper mine deal as China tightens Africa grip The deal to buy an 80% stake in Zambia's Lubambe copper mine is nearing completion. Reuters | June 19, 2024 | 9:33 am
China is building Europe battery supply in Morocco, VW unit says Morocco is rich in phosphate resources, key to making LFP cells. Bloomberg News | June 19, 2024 | 7:47 am
Trafigura-led group orders 275 wagons for US-backed Lobito rail The Lobito corridor is seen as a key export route from mines in Congo and Zambia for copper and cobalt. Bloomberg News | June 19, 2024 | 7:37 am
US-based Capital Group sells Fortescue shares worth $489 million Shares of the world's fourth-largest iron ore miner have fallen nearly 25% so far this year. Reuters | June 19, 2024 | 7:30 am
Gemfields fetches almost $69 million at ruby auction The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique. Cecilia Jamasmie | June 19, 2024 | 5:36 am