Africa Top Stories

SEMAFO tables maiden resource at Bantou gold zone

SEMAFO expects to produce between 390,000 oz. gold and 430,000…

Tanzania row overshadows Acacia’s upbeat output, cost figures

Shares in the gold miner are up more than 50%…

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Anglo American completes acquisition of De Beers

Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.

Egypt to issue tenders for foreign gold explorers

The Egyptian Mineral Resources Authority plans to issue international tenders in September to explore for gold in seven areas in Egypt's Eastern Desert and Marsa Alam regions in the south where it has identified deposits.