Africa Top Stories

How countries are getting tougher with mining companies

A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.

Reuters | April 4, 2019 | 9:28 am

Botswana Diamonds finishes drilling at Thorny River project

Next step is obtaining necessary regulatory approvals to start bulk sampling…

Cecilia Jamasmie | April 4, 2019 | 5:16 am

Lucapa Diamond cuts debt related to building Mothae mine

The diamond producer has inked deals with New Azilian and…

Cecilia Jamasmie | April 4, 2019 | 4:08 am

MMG joins Glencore, ERG reviewing Congo plans after tax hike

Congo collected $1.57 billion of revenue from mining companies last…

Bloomberg News | April 3, 2019 | 9:46 am

Barrick upbeat about new DRC president’s stance on mining, investment

The company said Felix Tshisekedi had confirmed his intention of…

Cecilia Jamasmie | April 3, 2019 | 6:02 am

Banro shareholders enjoy rare stock surge

It's the Democratic Republic of Congo gold miner's last week in TSX-S&P Composite index.

Frik Els | June 17, 2013 | 11:59 pm

Resurgent Aussie dollar gives huge boost to Brazil, South Africa iron ore exporters

While the real and rand continues to weaken significantly, the Australian dollar is staging an impressive comeback and dealing damage to Rio Tinto and BHP.

Frik Els | June 17, 2013 | 8:18 pm

US partners with Guinea to improve diamond mining

The two countries will focus particularly on improvements for alluvial extraction.

Kerry Hall | June 14, 2013 | 9:55 pm

4,000 strike at Anglo American Platinum mine once again

At least 2,400 workers were being held down in the mine by their own colleagues.

Cecilia Jamasmie | June 14, 2013 | 5:42 pm

Miners’ new trilogy: flat revenues, profit drop and weak share prices

Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.

Cecilia Jamasmie | June 14, 2013 | 2:33 pm