Africa Mining News

Tin pioneer Kay Nimmo named in Top 100 Women in Mining

Nimmo was selected for the Top 100 listing based on criteria such as perseverance in the face of adversity and a trail-blazing approach.

Congo's 9-month copper output up 8.7%, cobalt nearly doubles

Congo is Africa's top copper producer and the world's leading miner of cobalt.

Zimbabwe targets government wage bill to rein in state spending

Zimbabwean Finance Minister Mthuli Ncube cut civil servants’ pay and announced a series of other steps to reduce the government’s bloated wage bill.

Foraco’s camp in Niger attacked by terrorists

An unnamed source told Reuters that the assailants were believed to belong to Nigerian jihadist group Boko Haram.

Sibanye shuts gold mines in South Africa as strike turns violent

Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.

RioZim demands $92m from the Reserve Bank of Zimbabwe

The Zimbabwean miner claims it has failed to receive $48m due in payments from the central bank for its sales in dollars, suffering losses of $44m due to lost production.

Zambia's copper output up 10.4 year/year in September

Mining companies operating in Zambia include NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), Canada’s First Quantum Minerals, Glencore, Barrick Gold and Vedanta Resources.

Ex-SAS Commander who led Barrick's efforts in Tanzania has left

Richard Williams who served as Barrick’s chief of staff and later chief operating officer was assigned in February to work full-time on securing a deal between the Tanzanian government and Acacia Mining Plc.

S. Africa competition tribunal OKs Sibanye acquisition of Lonmin

Deal would create the world’s No.2 platinum producer.

Perseus sees signs for life extension of its Ghana gold mine

Drilling results from the Esuajah Gap deposit at its Edikan gold operation show a “significant” mineralized granite that could extend the life of the mine past the six years it has left.

Sibanye faces South African gold strike over wage dispute

The agreement we reached with the other unions is fair and final and considers the current challenges facing our gold operations - Neal Froneman, Sibanye Stillwater

Mali to produce lithium by 2020 with 694,000 tonnes discovered

Mali joins lithium fray

South Africa's Barloworld in talks to buy a Caterpillar business

Barloworld Equipment is the official dealer for Caterpillar's CAT construction, mining and industrial machine range in eleven southern African countries, in addition to Spain, Portugal, Siberia and the Russian far east.

Congo lifts export ban on Glencore's copper and cobalt unit

Katanga Mining and its Kamoto copper and cobalt mine is one of Glencore’s most important growth projects.

Barrick Gold eyes more copper assets in Congo – executive

Barrick Gold is interested in buying more copper mines in the Democratic Republic of Congo (DRC) - Incoming COO of Africa and the Middle East region

Sibanye CEO plans to resume cash dividend payments in 2020

CEO Neal Froneman says he’d consider buying more gold assets in South Africa or elsewhere, once the company reduces its debt.

South Africa's Eskom revises coal contract strategy, seeks supply security

Eskom, which supplies more than 90 percent of the nation's power, has warned of potential power outages amid low coal inventories after a major supplier cut supplies and sought insolvency protection.

Gold miner smuggles in workers by night to bypass strikers

Gold Fields is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike since Nov. 2.

Endeavour increases indicated resource 90% at Kari Pump

The company has now upgraded 90% of its Kari Pump resource to the indicated category.

Glencore's Katanga warns of earnings hit if Congo row not resolved

Although Katanga said that copper production was continuing as normal, it warned that its earnings would be affected if the dispute is not settled.

Ghana to raise $750m through London IPO of minerals fund

Ghana will seek to raise $750m through a sale of shares in a fund that will hold the West African nation’s stakes in mining companies and receive royalties.

Botswana Diamonds buys Alrosa’s stake in Sunland Minerals JV

The company acquired the remaining 50% in the joint venture from its previous partner and said negotiations were already advanced with an unnamed potential new associate.

China plumbs ocean depths to extend its cobalt lead

China, the leading holder of international deep sea exploration licences, increases its lead in the race for alternative sources of battery minerals by taking samples from cobalt-bearing mountains deep in the Pacific.

Congo state miner wants meeting over Katanga cobalt-export

“They are taking unilateral decisions that we haven’t verified, that we haven’t certified” - Gecamines President, Albert Yuma

Global cobalt glut won't be stemmed by Glencore Congo output stoppage

Disruptions to cobalt supplies in the DRC are not expected to eradicate a glut of the material used to make batteries for electric vehicles, thwarting hopes that prices can be boosted from their lowest since March last year.