May 23, 2019

Yields on Zambia’s Eurobonds climb to 20% amid spat with miners

The country’s Eurobond curve is inverted, a rarity and a signal its assets are in distressed territory.

May 23, 2019

Biggest Africa investor goes to London for Lonmin decision

South Africa’s Public Investment Corp. faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and risk having to…

May 23, 2019

Zambia’s Chamber of Mines just deepened worries of sinking global copper output

Copper output in Africa’s second largest producing country could decline by as much as 100,000 tonnes this year, adding to recent, sharp declines at the world’s main producing nations.

May 22, 2019

ICMM 2018 mining safety data released

The single highest cause of deaths in 2018 was from mobile mining equipment — the ICMM is exploring collision avoidance technology.

May 22, 2019

Zimbabwe mine output subdued in first quarter as dollar crunch bites

Gold deliveries to central bank unit Fidelity Printers and Refiners, which buys all the country's gold, declined to 6.5 tonnes from 7.3 tonnes during the January-March quarter.

May 22, 2019

Ghana seeks investors to mine bauxite, fund infrastructure

The government will receive proposals from interested parties until the end of the year on how to expand production.

May 22, 2019

To borrow $500m, Zimbabwe pledges mine that doesn’t exist

The collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that Great Dyke Investments, a venture between Russian investors and the Zimbabwean military, plans to build…

May 22, 2019

Acacia blames Barrick for barring it from Tanzania talks, mulls takeover bid

Comments come after parent company Barrick Gold proposed to acquire all of the shares it does not already own in the Tanzanian miner.

May 21, 2019

Tanzania to start cancelling inactive mining licences

Tanzania will start cancelling inactive mining exploration licences and distribute the acreage to artisanal miners who are able to immediately commence activity in the area.

May 21, 2019

Vedanta, KCM seek urgent Zambia talks, court appoints liquidator

The news has rattled foreign investors already nervous governments in central African countries are seeking a much bigger share of resource revenues.