November 21, 2022

Trafigura gets $600m from Africa’s TDB for Congo cobalt mines

Funding will enable Trafigura to complete Congo miner Chemaf's new mechanized mine at Mutoshi, processing plant in Kolwezi, and the expansion of its Etoile mine.

November 21, 2022

Endeavour Mining finds potential new flagship gold project in West Africa

The miner has made what it calls a "major" greenfield gold discovery on its 100%-owned Tanda-Iguela property in Côte d’Ivoire.

November 20, 2022

Egypt to start building $11 billion wind farm from 2024

The construction of one of the world’s largest wind farms in Egypt is set to start in 2024 and could provide electricity to Europe and Saudi Arabia.

November 18, 2022

Mali forms new state-owned miner

The company, Société de Recherche et d'Exploitation Minière du Mali (Sorem SA), will be fully funded by the state.

November 18, 2022

Massive emerald cluster sets new record at Gemfields auction

The Kafubu Cluster, found at the Kagem mine in Zambia in 2020, became the most expensive single emerald item ever sold by Gemfields.

November 17, 2022

South Africa’s PIC won’t sell stake key to platinum takeover battle

South Africa’s Public Investment Corp. said it’s decided against selling its shares in Royal Bafokeng Platinum Ltd.

November 17, 2022

Lucara extends sales deal with HB by 10 years

It allows Lucara sell its +10.8 carat diamond production from Karowe mine, which account for 60% to 70% of its revenue.

November 16, 2022

South Africa’s competition tribunal approves Impala-RB Platinum merger

The tribunal said the conditions include Impala honouring its current contracts and securing commercial terms for the renewal of contracts.

November 15, 2022

Centamin to up Sukari mining rate by 31% with underground expansion

Independent study proves Sukari’s capacity has the potential to reach 1.5 million tonnes per annum.

November 15, 2022

Uranium mining in Egypt is expanding despite water contamination, satellite images show

Uranium levels near the Allouga mine are as much as six times higher than the concentration normally found in nature, study shows.