September 10, 2018

Congo mining revenues triple in H1; oil revenues fall by a third

Democratic Republic of Congo's revenues from its mining sector nearly tripled in the first half of 2018 over the same period last year to $864.61 million.

September 10, 2018

Zimbabwe will accelerate debt plan, Finance Minister says

Zimbabwe will fast-track plans to settle its debt arrears, a key step needed to restore investor confidence in the country’s economy.

September 7, 2018

Danakali banks on new investor mood to fund Eritrean mine

Fertiliser miner Danakali aims to raise $322 million this year to develop giant potash reserves in Eritrea.

September 7, 2018

Giant diamonds has been mining’s one success story this year

This summer’s crash in commodity prices is turning it into a year to forget for miners. Unless you dig the world’s biggest diamonds.

September 6, 2018

South Africa to make oil, mining announcement in says, ANC says

An agreement has been reached on separating laws for the country’s oil industry and dropping a bill to govern the two sectors.

September 6, 2018

South African miner Assore reports profit fall on stronger rand

Assore reported a 1.9 percent fall in annual profit on Thursday as a strong rand currency offset favourable commodity prices and higher sales.

September 6, 2018

Embattled Acacia Mining lets partner up stake in Nyanzaga gold project

 Acacia — Tanzania's No.1 gold miner— will retain a net smelter return production royalty over the project, capped at $15 million.

September 6, 2018

China’s CITIC to be Ivanhoe Mine’s top shareholder in $548m-deal

Transaction, which gives CITIC a 20% stake in the Canadian miner, has received all necessary approvals and it’s expected to close on Sep. 19

September 5, 2018

Tongon back in business after lock-out lifted

Negotiations between management, workers, community leaders and the government created an agreement under which workers are being re-employed in phases.

September 5, 2018

Biggest Congo coltan miner resumes buying after output halt

Societe Miniere de Bisunzu Sarl resumed purchases of the ore after a three-month shutdown at one of the country’s largest deposits.