February 21, 2023

Uganda to set up state mining firm, take equity in licences

Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates.

February 21, 2023

Sibanye-Stillwater goes after Australia’s New Century Resources

The off-market takeover bid by Sibanye values the zinc miner at A$144.1 million ($99.54 million). 

February 20, 2023

Amplats cuts dividend payout again as South African power outages crimp profit

The Anglo American unit reduced its total 2022 payout by 62% as state-owned utility Eskom struggles to keep its coal-fired power plants working.

February 17, 2023

Congo watchdog wants billions of dollars more From China infra deal

Congo hasn’t been adequately compensated for the copper and cobalt reserves it contributed to the venture, the General Inspectorate of Finance said.

February 17, 2023

Caledonia Mining reports fatality at Zimbabwe gold mine

The accident took place at the Blanket mine in Gwanda.

February 17, 2023

Glencore hit by fresh bribery-related lawsuit in the UK

Legal action is related to alleged losses to shareholders resulting from Glencore's statements to the market on corruption cases.

February 17, 2023

Ghana mining fund mulls multi-million investment in Atlantic Lithium

Ghana's state-owned Minerals Income Investment Fund plans to take an equity stake in Atlantic with up to a $30 million investment.

February 16, 2023

De Beers confident talks will deliver a Botswana diamond deal

The Anglo American unit is in talks with the Botswana government to extend mining rights that expire in 2029.

February 16, 2023

Congo demands $17bn more in infrastructure investments from China deal

Under the Sicomines deal, Chinese investors committed to spending $3 billion on infrastructure, but the state auditor demanded that commitment be increased to $20 billion.

February 15, 2023

Burkina Faso buys 200 kg of gold from Endeavour’s Mana mine

Endeavour acquired the Mana mine in July 2020, as part of its acquisition of Canada-based gold miner Semafo.