Africa Top Stories

Russia said to seek French-held uranium assets in Niger

Rosatom has had contacts with Niger’s military-led authorities about acquiring assets held by Orano SA.

Bloomberg News | June 3, 2024 | 6:56 am

Palladium output cuts needed to bolster market, Northam CEO says

The company announced in February that it would pare back…

Bloomberg News | May 31, 2024 | 9:16 am

Botswana’s Debswana diamond sales fall 48% in first quarter

In the first quarter, Debswana sold diamonds worth $560.9 million,…

Reuters | May 31, 2024 | 8:36 am

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

It is said that Anglo's five operating coal mines, development…

Reuters | May 30, 2024 | 10:35 am

How a rattled South Africa became Anglo’s best defence against BHP bid

More than 20% of Anglo shares are held by South…

Reuters | May 30, 2024 | 7:04 am

Most cobalt producers loss-making after 2023 price slump, says ERG

Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop.

Reuters | January 16, 2024 | 7:55 am

At Saudi Arabia forum, buzz word is partnership

Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.

Colin McClelland | January 16, 2024 | 6:41 am

Centamin propels modern mining rules in Egypt

Centamin plans to connect to the country’s electrical grid and company solar panels this year.

Colin McClelland | January 15, 2024 | 1:48 pm

Ivanhoe’s Congo copper is what everyone’s after, president says

“Everybody's been knocking on our door, trying to understand what we are doing, trying to see how we did it,” Marna Cloete said.

Colin McClelland | January 12, 2024 | 6:50 am

Gem Diamonds and Lucara find first big stones of 2024

Gem Diamonds has unearthed a 295-carat rough at its Letšeng mine in Lesotho, while Lucara recovered a 166-carat rough at Letšeng in Botswana.

Cecilia Jamasmie | January 11, 2024 | 3:24 am

Fortuna cuts down debt using cash generated from Séguéla mine

The Canadian precious metals miner has paid down an additional $41 million in debt using cash on hand.

Staff Writer | January 10, 2024 | 11:14 am

Ivanhoe Electric shocks Saudi geology to spot targets

Ivanhoe Electric is part of a growing number of international mining companies investing in Saudi Arabia.

Colin McClelland | January 10, 2024 | 9:08 am

De Beers to spend $1 billion on Botswana mine expansion

The approved investment will be used to convert the Jwaneng open pit mine into an underground diamond operation.

Cecilia Jamasmie | January 10, 2024 | 3:42 am

Gold One could dismiss more than 500 in South Africa after mine sit-in

The Sydney-based gold miner will dismiss 401 workers at its Modder East operations.

Bloomberg News | January 9, 2024 | 9:29 am

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