Africa Top Stories

South Africa’s Exxaro Resources FY earnings jump on higher coal prices

Exxaro's coal export volumes surged to a record 8 million…

Pan African Minerals’ $2.2B claim over giant manganese deposit contract dismissed by court

Tambao, one of the world’s largest manganese mines, has been halted…

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Rio Tinto sells South African coal assets to Canadian company

If you had any doubts over what mining giant Rio Tinto (ASX, LON:RIO) thinks about coal and small operations, today’s news should make it clear. The Anglo-Australian miner has agreed to sell two minor coal assets in South Africa to Canadian Forbes & Manhattan Coal for $53 million

Blood Diamonds of ore: GE takes on conflict minerals

GE is one of 30 companies participating in a pilot program to implement guidelines on conflict minerals due diligence developed by the Organisation for Economic Co-operation and Development (OECD).

DiamondCorp shares soar on Lace project financing news

Shares in diamond exploration and development company DiamondCorp PLC (LON:DCP) went up over 24% in early trade Friday after the group struck a financing deal that will meet more than three-quarters of the costs of its Lace mine project in South Africa.