Africa Top Stories

Barrick commits $30 million to expansion of education infrastructure in Tanzania

The Barrick-Twiga Future Forward Education Program's objective is to build 1,090 classrooms, 1,640 ablution blocks and 270 dormitories across 161 schools nationwide.

Staff Writer | March 20, 2023 | 12:50 pm

Thor Explorations more than doubles resource at Senegal gold project

The updated estimate’s 1.78 million oz. of contained gold is…

Staff Writer | March 20, 2023 | 10:44 am

China warns its nationals after killings in Central African Republic

Nine Chinese nationals were killed in an attack by militants…

Reuters | March 20, 2023 | 6:44 am

Guinea, partners resume Simandou infrastructure operations

The $15 billion Simandou project was restarted Saturday.

Bloomberg News | March 18, 2023 | 11:19 am

Roscan hits milestone with environmental permit for Kandiole in Mali

Roscan's CEO also noted that the company expects to obtain…

Staff Writer | March 16, 2023 | 10:43 am

Gold Fields expects profit boost from Yamana deal break fee

Gold Fields said it expects headline earnings per share of $1.16-$1.22 for the year.

Reuters | February 15, 2023 | 9:35 am

Amplats’ first female CEO leaves to join Newmont as COO

Natascha Viljoen, a metallurgical engineer, will remain as Amplats boss until completion of her 12-month notice period.

Cecilia Jamasmie | February 15, 2023 | 6:53 am

Gemfields evacuates exploration camp in Mozambique after attack

The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village.

Cecilia Jamasmie | February 14, 2023 | 3:43 am

Asset managers touting ESG enjoy a turbo-charged coal boom

Thungela Resources CEO is promising to ratchet up production through the end of the next decade at least.

Bloomberg News | February 13, 2023 | 10:26 am

Commodities risk lurking in ESG funds now too big to ignore

Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.

Bloomberg News | February 13, 2023 | 7:01 am

De Beers diamond deal threatened as Botswana says it’s ready to walk away

Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues.

Bloomberg News | February 13, 2023 | 6:43 am

Mining loans seen passing $1 billion at biggest Congo bank

Rawbank forecast its lending to DRC’s mining industry will jump more than 20% to over $1 billion this year.

Bloomberg News | February 10, 2023 | 8:44 am

Botswana warns of dangers in dash for African minerals

Botswana is reviewing its mines and minerals legislation to "tighten up" laws on mine rehabilitation.

Reuters | February 9, 2023 | 12:22 pm

CHART: Copper exploration budgets jump, but major discoveries elusive

The increase in global copper resources is mostly from 1990s discoveries and the last decade of exploration has been particularly unrewarding, says new report.

Frik Els | February 9, 2023 | 10:10 am

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