Africa Top Stories

Hudbay moves one step closer to Rosemont construction with water permit

Hudbay Minerals has received the last key permit it needs…

SEMAFO and Savary Gold join forces to expand in Burkina Faso

The deal will allow the Canadian miners to consolidate their…

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Lonmin says no to takeover bid by Xstrata

Despite market rumours indicating otherwise, South Africa’s platinum producer Lonmin (LON:LMI) rejected Friday a reverse takeover bid by Xstrata (LON:XTA), its unhappy largest shareholder, as it announced a loss before tax of $698 million in the financial year ending in September.