Sibanye CEO pushes on with copper hunt after failed Zambian bid

The precious metals producer is still looking for copper assets to buy across the African copper belt.

Reuters | February 5, 2024 | 7:13 am

Sumitomo cuts nickel output forecast in Madagascar due to system glitches

Japanese trading house slashed its output estimate of nickel at the Ambatovy project.

Reuters | February 5, 2024 | 7:07 am

South African platinum industry could shed up to 7,000 jobs to cut costs

South African PGM miners, home to around 70% of global mined platinum output, are discussing the need to restructure unprofitable production.

Reuters | February 5, 2024 | 7:04 am

Zambia to start trading its own copper, competing with Glencore

The government will directly buy and sell a portion of the copper produced in the nation, competing with trading giants including Mercuria Energy Group and Glencore.

Bloomberg News | February 5, 2024 | 7:01 am

Anglo American explores for copper, cobalt in Zambia

The miner is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, according to CEO Duncan Wanblad.

Reuters | February 5, 2024 | 6:42 am

Guinea’s SMB to invest up to $1 billion to boost bauxite exports

Guinea's leading bauxite producer will upgrade its river terminals and buy vessels.

Reuters | February 5, 2024 | 6:27 am

Gates, Bezos-backed KoBold Metals says Zambia copper find largest in a century

It estimates the Mingomba project, in the northern Copperbelt province, will become one of the world’s highest-grade copper mines.

Cecilia Jamasmie | February 5, 2024 | 4:03 am

Guinea approves joint development deal for Simandou iron ore project

The deal involves the junta-led government, Rio Tinto, and Winning Consortium Simandou.

Reuters | February 4, 2024 | 10:53 am

Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials.

Reuters | February 2, 2024 | 9:52 am

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Guinea, Emirates Global agree on alumina plant deal

Existing fossil fuel projects enough to meet energy demands while world transitions to net zero – study

Ghana’s 2023 gold output rose 8.3%

Zambia sees KoBold spending $2.3 billion on giant copper mine

Sibanye loosens debt covenants to boost cash amid lower prices

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