December 9, 2022

Anglo American cuts 2023 copper output target on poor Chilean ore grades

The company said production at its South African unit Kumba Iron Ore will be dented by poor rail capacity.

December 8, 2022

VW says South Africa must end coal dependence for EVs to make sense

South Africa produces nearly 90% of its total energy supply from coal.

December 8, 2022

Lucapa achieves highest diamond recovery at Angola mine

The Lulo mine haul consist of 20 diamonds weighing a combined 15.51 carats from just one kimberlite bulk sample.

December 7, 2022

CMOC pushes back as Congo’s Gecamines demands compensation in cobalt mine dispute

Congo suspects CMOC understated the mine's reserves to reduce the amount of royalties it pays to Gecamines.

December 5, 2022

Fortuna Silver grows Sunbird resource at Séguéla gold project in Côte d’Ivoire

The new resource estimation is in addition to Séguéla’s current mineral reserves of 12.1 milllion tonnes averaging 2.80 g/t gold containing 1.09 million ounces.

December 5, 2022

CMOC threatens legal action over Congo cobalt mine export block

Tenke Fungurume Mining suspended copper and cobalt exports in July, when a dispute between Congo and CMOC escalated.

December 5, 2022

Glencore pays $180 million to Congo to settle corruption claims

Deal is the latest payment in a series of graft cases Glencore has faced and covers all alleged corruption activities between 2007 and 2018.

December 4, 2022

War in east is eroding Congo’s budget surplus, finance minister says

Windfall revenue from mining has compensated for some of the unexpected expenses of fighting a rebellion.

December 4, 2022

German minister pursuing hydrogen in Namibia, South Africa

Minister Robert Habeck is visiting Namibia and South Africa to secure new energy resources for Europe’s biggest economy.

December 2, 2022

Roscan secures royalty financing from Osisko Gold; stock rises

Osisko could acquire up to a 2% NSR royalty on the Kandiolé project for total consideration of C$10 million.