Positive under-the-radar trends for mining in Africa in 2024

The continent hosts more than half the planet’s platinum group metal, manganese and cobalt reserves – vital for certain battery storage technologies.

Andrew van Zyl | February 28, 2024 | 7:51 am

Canada Rare Earth sets up supply operations in the DRC

The initial startup supply will be sourced from local artisanal mining cooperatives, promoting responsible sourcing, the company said.

Staff Writer | February 27, 2024 | 2:26 pm

Zambian president calls rail link connecting copper mines to Angolan port ‘once-in-lifetime’ break

The Lobito corridor is central to the Biden administration’s plans to secure access to crucial metals for the energy transition in Zambia and neighboring Democratic Republic of Congo.

Bloomberg News | February 27, 2024 | 10:29 am

Anglo spinoff breeds fish to restock rivers after massive toxic spill

A project funded by Thungela has begun repopulating a river system with fish after a catastrophic spill from a coal mine.

Bloomberg News | February 27, 2024 | 8:22 am

South African billionaire Wiese returns to his diamond-hunting roots

The 82-year-old serial investor has dived into something that harkens back to the start of his storied career nearly half a century ago.

Bloomberg News | February 26, 2024 | 9:23 am

What to expect in 2024 after diamond sector’s price plunge

Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery.

Paul Zimnisky | February 25, 2024 | 6:45 am

Montage Gold gains on Lundin-backed financing

Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024.

Staff Writer | February 23, 2024 | 9:04 am

AngloGold Ashanti posts 3% drop in 2023 output

Poor ground conditions at Obuasi in Ghana and a carbon-in-leach tank failure at Siguiri, Guinea, had an adverse impact on gold production.

Reuters | February 23, 2024 | 7:42 am

Sibanye-Stillwater to cut 2,600 jobs in South Africa

The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.

Cecilia Jamasmie | February 23, 2024 | 5:26 am

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Sibanye CEO says may close metals streaming deal in third quarter

Exxaro weighing options for Australian coal JV amid Anglo’s planned exit

Kodal Minerals confirms potential Mali lithium project expansion

B2Gold slashes stake in Calibre Mining

China Baowu completes purchases of stake at Simandou project

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