May 2, 2022

Colombia rejects AngloGold’s appeal over Quebradona license shelving

The regulator's decision means the company will have to file a new EIA for the copper-gold project if it wants to proceed with permitting.

May 2, 2022

Guinea’s coup leader proposes 3-year transition back to civilian rule

Lengthy transition is likely to upset West Africa's political bloc that has called for a swift return to constitutional order.

April 30, 2022

How a sanctioned Russian company gained access to Sudan’s gold

Meroe Gold is a firm the US Treasury says has ties to the Wagner Group, which it describes as a mercenary company.

April 30, 2022

Congo backs billionaire Gertler’s bid to end US sanctions

Gertler will return assets worth billions of dollars to the State in exchange for the reimbursement of expenses and Congo’s assistance.

April 29, 2022

Probe finds $924 million of questionable deals at Eskom during Zuma rule

Former South African President Jacob Zuma knowingly and willingly facilitated audacious looting and wanton mismanagement at the state power utility, the probe concluded.

April 29, 2022

Trafigura seeks control of Zimbabwe’s metals for unpaid debts

Under the agreement, Trafigura will be paid $225.6 million by nickel and goldmining subsidiaries of state-run Kuvimba Mining.

April 29, 2022

Zambia’s ZCCM-IH to appoint adviser to restructure Mopani Copper Mines

Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021 and has been looking for a new investor for the mine since.

April 29, 2022

Opinion: World lacks time, not minerals for climate-saving technology

The Russian invasion of Ukraine, covid-related supply chain disruptions, and rising inflation have all fuelled a narrative that the clean energy transition will be highly inflationary.

April 28, 2022

Glencore hails trading unit outlook, cuts copper guidance

It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion.

April 27, 2022

Petra Diamonds mulls sale of loss-making Koffiefontein mine

Petra wants to offload the Koffiefontein diamond mine in South Africa, which reaches the end of its productive life in 2025.