Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials.

Reuters | February 2, 2024 | 9:52 am

Zambia seeks to restructure Glencore debt with new Mopani investor

Zambia is seeking to restructure a $1.5 billion debt owed by Mopani Copper Mines to Glencore.

Reuters | February 2, 2024 | 8:38 am

Endeavour resumes work at Burkina Faso gold mine after strike ended

The work stoppage at the Hounde mine in Burkina Faso has had “significant financial impacts” on the company.

Bloomberg News | February 1, 2024 | 1:15 pm

B2Gold studies new underground mine to support higher production at Otjikoto

Otjikoto, located in north-central Namibia, is the largest gold producer in the country.

Staff Writer | January 31, 2024 | 9:26 am

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new listing went ballistic.

Frik Els | January 31, 2024 | 8:31 am

Endeavour wins ruling to end strike at Burkina Faso gold mine

The court issued an interim ruling on Tuesday that instructs “the expulsion of protesters” from the Hounde project.

Bloomberg News | January 31, 2024 | 8:25 am

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.

Reuters | January 30, 2024 | 8:15 am

Global clean energy spending surges to $1.8 trillion. It’s not enough

Total spending surged 17% last year to $1.8 trillion in installing renewable energy, buying electric vehicles, building hydrogen production systems and deploying other technologies

Bloomberg News | January 30, 2024 | 7:19 am

Barrick sings Kibali praises: Africa’s largest gold mine is among greenest

Electricity for Kibali comes from three hydroelectric stations and the newly commissioned 16 MW solar power plant and energy storage facility.

Staff Writer | January 29, 2024 | 11:59 am

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Congo’s Gecamines opposes deal for Trafigura-backed miner

Ivory Coast to revise mining code to increase state profits

Hedge funds are hoarding cobalt amid battery metal slump

Court approves billionaire Agarwal’s plan to reclaim Zambia mine

Lithium price surge unlikely to return: Fitch

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