MMG to invest $700 million to double copper output at Botswana mineMMG announced in March that it had completed a deal to buy Canada-based Cuprous Capital, the parent company of Khoemacau mine.Reuters | June 12, 2024 | 7:15 am
Kamoa-Kakula is now world’s third-largest copper mining complexIvanhoe Mines has achieved first concentrate production at the Kamoa-Kakula…Staff Writer | June 11, 2024 | 9:58 am
Premium Nickel upsizes Botswana financing to $20 millionThe upsized financing represents nearly double the initial offering amount.Staff Writer | June 10, 2024 | 10:50 am
China’s CMOC eyes further growth in Congo and beyond after taking cobalt crown CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons. Reuters | February 7, 2024 | 8:09 am
Vedanta weighs sale of minority stake in Zambian copper assets The company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit. Reuters | February 7, 2024 | 7:56 am
Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor They will ship copper, cobalt and other critical minerals and metals from mines in the DRC to Angola’s port of Lobito via rail. Cecilia Jamasmie | February 7, 2024 | 3:50 am
Zambia set to negotiate bigger stakes in new mining projects Zambia is Africa's second-largest copper producer. Reuters | February 6, 2024 | 10:02 am
Tanzania backs SilverCorp takeover of OreCorp Decision paves the way for the Canadian miner to complete the acquisition of OreCorp and its flagship Nyanzaga gold project in Tanzania. Staff Writer | February 6, 2024 | 9:33 am
De Beers expands presence in Angola’s diamond sector The world’s largest diamond miner by volume has inked agreements with Angola to boost diamond production and exploration. Cecilia Jamasmie | February 6, 2024 | 5:22 am
Anglo CEO says he can run sprawling miner better than any activist Anglo’s production pullback has led some investors and analysts to call for more action. Bloomberg News | February 5, 2024 | 10:23 am
Coal miner starts building South Africa’s biggest wind farm Seriti plans to build infrastructure capable of providing 900 megawatts of green energy over the next few years. Bloomberg News | February 5, 2024 | 9:51 am
NextSource to reach full production at Molo graphite mine by July The Madagascar mine is expected to achieve nameplate capacity of 17,000 tonnes of graphite concentrate per year. Staff Writer | February 5, 2024 | 7:59 am