Anglo American nets over $400 mln from platinum unit share sale amid demerger plans
Miner Anglo American said one of its subsidiaries has raised 7.2 billion rand ($403.21 million) from the sale of about a 5.3% stake in Anglo...
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Zambia mines lobby calls on government to halt reforms
by Wayne
Zambia’s Chamber of Mines has raised alarms over proposed legislative and policy reforms, calling them an “unprecedented threat” to investor rights and a potential roadblock...
Barrick’s Lumwana mine expansion feasibility study nears completion
by Wayne
The feasibility study for Barrick’s Lumwana mine expansion in Zambia is expected to be completed by the end of the year, with construction set to...
IVANHOE TO EXPLORE ZAMBIA
by Wayne
Ivanhoe Mines signed a memorandum of understanding (MOU) with Zambia’s Ministry of Mines and Minerals Development allowing Ivanhoe to begin exploration activities in the country....
Lucara enters new diamond sales agreement with Antwerp
by Wayne
Lucara Diamond Corp. is pleased to announce that it has entered into a new diamond sales agreement (“NDSA”) with HB Group out of Antwerp, Belgium (“HB”),...
West challenges China’s critical minerals hold on Africa
by Wayne
China’s CMOC Group, opens new tab overtook Glencore, opens new tab to become the world’s largest producer of cobalt last year as it ramped up its new Kisanfu...
AngloGold Ashanti Faces a Dip in Gold Production Amidst Operational Hurdles
by Wayne
In a year marked by operational challenges and global economic fluctuations, AngloGold Ashanti, a giant in the gold mining industry, encountered a slight yet significant...
Burkina Faso Halts Gold Exports in Bold Move to Regulate Sector
by Wayne
Imagine waking up one day to find that the very foundation of your livelihood has been abruptly put on pause. For many in Burkina Faso,...
Nigeria leads Africa’s mining sector resurgence
by Wayne
The 30th edition of “Investing in Mining Indaba” recently held in Cape Town, South Africa provided another opportunity for African countries through their Ministers of...
Xtract planning disposal of Manica Gold Project
by Wayne
Xtract Resources announced plans to dispose of the Manica Gold Project on Wednesday, reporting that it had entered into conditional agreements with its Mozambique partner MMP...