Africa Top Stories

Codelco to kick off Chuquicamata underground by mid-year

Codelco's second largest copper operation by size is expected to…

Botswana offers Zimbabwe $600m in loans — report

Zimbabwe's diamond sector has struggled since the government kicked out…

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Tragedy at Lonmin scaring investors in South Africa

The actual strike isn’t a deterrent to investors. But certainly the inability to get it under control will be of concern, particularly as this is now the third platinum mine that has seen conflict resulting in deaths this year.

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.