October 29, 2023

Germany’s Scholz says his country willing to invest in Nigerian gas, minerals

"There is a willingness to invest, especially in critical minerals," German Chancellor Olaf Scholz told reporters.

October 27, 2023

Burkina Faso targets bigger royalties as gold production drops

The West African nation increased the minimum royalty rate for spot price above $1,500 an ounce to 6% from 5%.

October 27, 2023

Copycat Chinese lithium firms back Nigerian processing plant

The $250 million project is a response to the Nigerian government’s efforts to diversify the economy away from oil.

October 26, 2023

Capex of top 30 miners to grow 6.2% in 2023, but decline over next two years — report

According to S&P Global, the highest capital budget spend in financial year 2023 is expected to come from BHP.

October 26, 2023

Trafigura-backed Congo miner puts itself on sale amid debt woes

The attempted sale of Chemaf Resources Ltd. comes after the company’s ambitious expansion drive ran into financial trouble.

October 26, 2023

Syrah expects more graphite buys ahead of China export ban

China will require export permits as of Dec. 1 for some graphite products.

October 25, 2023

World Bank grants South Africa $1 billion loan for energy reform

The funding will help facilitate “restructuring of the power sector” through the unbundling of state-owned utility Eskom.

October 25, 2023

Namibia’s battery metal ambitions rest on infrastructure, miners say

The southern African country has significant deposits of lithium as well as rare earth minerals.

October 25, 2023

South African unions free some miners held underground

Workers stuck underground for days over a union dispute at Gold One International Ltd.’s Modder East mine in South Africa have returned to the surface.

October 25, 2023

Over 4,000 jobs on the line with Sibanye-Stillwater’s latest restructuring

Announcement comes barely six weeks after the company kicked off a similar process at one of its South African gold mines.