Africa Top Stories

Battery demand to maintain elevated cobalt prices – report

But increasing advances in cobalt-free and low-cobalt content batteries will pose a large threat to long-term demand and prices, Fitch says.

MINING.com Editor | March 1, 2021 | 2:00 pm

Endeavour pivots to exploration to shake ‘M&A junkie’ image after deal spree

CEO Sebastien de Montessus said his priority now is to…

Reuters | March 1, 2021 | 7:38 am

Gemfields to restart mines after covid-triggered layoffs

Both Kagem emerald mine in Zambia and Montepuez ruby mine…

Cecilia Jamasmie | March 1, 2021 | 3:57 am

MINING.COM MINUTE: Biggest stories of the week

Freeport to expand US copper mines as Biden moves to…

MINING.com Editor | February 26, 2021 | 11:24 am

Gold Fields gets step closer to curbing reliance on Eskom

Mining firms say red tape has prevented them from generating…

Reuters | February 25, 2021 | 10:52 am

African Gold SPAC to target ‘well-trodden’ mining countries

“We are the only Africa mining-focused SPAC amongst a sea of SPACs,” said Rob Hersov, the founder and chairman of the company.

Bloomberg News | February 25, 2021 | 9:46 am

Implats half-year profit surges, hikes dividend

The precious metals miner declared an interim dividend of 10 rand ($0.69) per share, compared with 1.25 rand in the year-ago period.

Reuters | February 25, 2021 | 9:10 am

Deal for key metal in EV revolution brought bonanza for newcomer

A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known investor to make $40 million within weeks.

Bloomberg News | February 25, 2021 | 9:03 am

Anglo American ended 2020 stronger than expected

The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the year.

Cecilia Jamasmie | February 25, 2021 | 3:56 am