Africa Top Stories

Billions in African gold smuggled to UAE each year — report

Illicit gold trade amounts to $23.7 billion-$35 billion annually based on current market prices, a report by SwissAid shows.

Cecilia Jamasmie | May 30, 2024 | 5:42 am

Endeavour Mining begins commissioning Lafigue gold mine

First gold pour from the mine in Côte d’Ivoire is…

Cecilia Jamasmie | May 30, 2024 | 3:43 am

Botswana flags synthetic gem threat ahead of $6 billion diamond project launch

The natural diamond market has struggled in the past two…

Reuters | May 29, 2024 | 9:28 am

Mining M&A slips as firms lawyer-up to fight regulators

The value of deals in the industry declined 12.5% to…

Colin McClelland | May 29, 2024 | 8:44 am

Endeavour Mining invests in Côte d’Ivoire exploration projects

Endeavour has taken up a 12.39% equity stake in private…

Staff Writer | May 29, 2024 | 8:43 am

Battery metal price plunge is closing mines and stalling deals

Junior producers have been particularly hard hit.

Bloomberg News | January 9, 2024 | 8:59 am

Ivanhoe eyes higher copper output at Kamoa-Kakula

It produced 393,551 tonnes of the metal last year, an 18% increase from 2022, and it expects to churn out 440,000-490,000 tonnes this year.

Staff Writer | January 8, 2024 | 9:13 am

Nature emits mercury but not as much as humans do – study

Recent estimates show that mining and burning fossil fuels are still the top sources of mercury in the global ocean.

Staff Writer | January 8, 2024 | 5:05 am

Zimbabwe gold output declines 15% amid electricity, forex shortages

Zimbabwe produced 30 metric tons of gold in 2023.

Reuters | January 8, 2024 | 3:09 am

Simandou build expected to start in 2024 after almost 30 years of setbacks

Set to be the world’s largest new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line.

Staff Writer | January 8, 2024 | 2:30 am

Gold CEO firing deals fresh blow to mining’s battered reputation

A series of disappointments for the mining industry comes against the backdrop of weak commodity prices — although gold has been an exception.

Bloomberg News | January 7, 2024 | 11:38 am

Zimbabwe rescues all 15 trapped miners alive

Fifteen subsistence mine workers had been trapped in an underground shaft at the Redwing mine in Zimbabwe after it collapsed on Thursday.

Reuters | January 7, 2024 | 11:00 am

Blade runners: how LFP batteries brought EV metal markets back to earth

In a few short years, LFP batteries crushed nickel and cobalt mining markets and new technology could do the same to lithium.

Frik Els | January 5, 2024 | 9:48 am

Harmony Gold reports fatality at Mponeng mine

At least 54 workers died in mining-related accidents in South Africa last year.

Reuters | January 5, 2024 | 9:34 am

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