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30-10-2014 23:52:00 | by: Administrator | hits: 23407063 | Tags:

DFC reaffirms commitment to scaling investment in African infrastructure and critical minerals
28-02-2024 | 20:36:40
Deputy Chief Executive Officer (DCEO) Nisha Biswal traveled to South Africa and Zambia as part of the largest U.S. government delegation to Mining Indaba and the first Lobito Corridor Investors Forum and to deepen DFC’s investments on the continent.
Lifezone Metals announces development plan for the Kabanga Nickel Project in Tanzania
27-02-2024 | 11:04:00
The Company continues to collaborate closely with its project partner on this two-phased development plan, as well as numerous other Definitive Feasibility Study work streams.
United Manganese of Kalahari (UMK) has announced reduction in manganese production
11-01-2024 | 06:04:20
United Manganese of Kalahari (UMK) announced that, in response to the worsening market conditions, it will reduce the production of manganese ore and concomitant to that, the sale of its ore products, for the time being.
Rwanda and European Investment Bank agree new critical raw materials investment partnership
19-12-2023 | 13:06:40
The agreement will strengthen technical and financial cooperation to identify critical raw material sector investment that creates skilled jobs, supports economic development, and ensure environmentally and socially responsible development of critical raw material resources.
How international conflicts shape gold market dynamics
13-12-2023 | 05:45:00
International conflicts, ranging from geopolitical tensions to full-scale wars, have a profound impact on global financial markets, particularly on the gold market.
Gold in Nigeria: From ore to ornamentation
13-11-2023 | 07:15:00
The importance of this entire process to the Nigerian economy cannot be overstated. Each step in the trade gold Nigeria chain contributes to the livelihoods of people involved and the economy as a whole.
Antwerp and Botswana to gather diamond industry in Gaborone for FACETS 2023
26-10-2023 | 07:00:00
The two-day Conference was officially opened by the President of the Republic of Botswana, His Excellency Dr. Mokgweetsi Keabetswe Masisi.
AFC, Solid Minerals Development Fund of Nigeria, and Xcalibur partner to boost Nigeria's geological data capabilities
20-10-2023 | 09:14:00
The collaboration will pursue initiatives that enhance the availability of Nigeria's geological data to interested investors across the globe and design an exploration program for mapping the country's subterranean mineral wealth.
JOGMEC Signed an agreement with 5 African countries to secure critical minerals
30-08-2023 | 13:11:58
Japan has signed agreements with five African countries to explore and extract critical minerals used in high-tech industries.
Tembo Gold announces transformative acquisition and landmark investment from Tanzanian strategic investor
30-08-2023 | 11:44:47
Tembo Gold Corp to announce that it has entered into a Licences Purchase Agreement with Lake Victoria Gold Ltd.
European Union, Germany join forces to boost Rwanda's mining sector
03-07-2023 | 07:18:00
The project is jointly funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and will be implemented by GIZ in cooperation with RMB
The driving forces: Major industries impacting the African economy
10-05-2023 | 06:45:00
Despite the challenges it's facing, Africa is home to some of the world’s fastest economies. With a fast-growing population and a wealth of natural resources, it has become an attractive destination for investors to capitalize on its untapped potential.
[South Africa] Copper producer Copper 360 Limited lists on The Johannesburg Stock Exchange
27-04-2023 | 09:57:55
This is the second company to list on the JSE this year, pushing up the number of listed companies on the bourse to 303 with an overall market capitalisation of R22.76 trillion.
[ChatGPT Biography] Patrice Motsepe, Founder of African Rainbow Minerals
14-03-2023 | 14:56:58
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[East Africa Business Week] Bob Koigi: Boosting small businesses’ competitivity in the region
14-03-2023 | 14:56:47
Small businesses are the engine of the East African economic growth, employing millions and opening up the member states to interact with each other through seamless trade.
[Column] Cameron Tandy: Mining industry is becoming a steward of sustainability and decarbonization
14-03-2023 | 14:56:28
For a long time, the mining industry was considered a contributor to the problem of environmental sustainability, but now it is increasingly seen as a critical part of the solution.
[Column] Tsheko Ratsheko: Environmental stewardship and the mining sector – powering a greener future
14-03-2023 | 14:55:28
Responsible environmental stewardship is about protecting and preserving natural resources for the greater good of all our stakeholders.
[Column] Clean mining gains foothold in Mozambique
14-03-2023 | 14:55:15
Mozambique is well-positioned to take advantage of this market boom, with mining operations already expanding across Cabo Delgado, Gaza, Manica, Maputo, Nampula, Niassa, Tete and Zambezia.
[Column] Shabir Ahmed: Mining sector to fast track automation amid Covid-19
14-03-2023 | 14:54:42
Mining companies have been affected by COVID-19 outbreaks, and global restrictions to encourage social distancing have meant that mining projects have either slowed or been put on hold until further notice.
[SA Business Week] Blockchain to curb Cape Town water issues, taxi operators get a boost
14-03-2023 | 14:53:28
Blockchain technology came into being in the early 2009. This invention was faced with a lot of backlash as most people lacked prior information about it and were therefore not ready to risk investing in it.
[Column] Five roots to Central Africa’s industrialization
14-03-2023 | 14:53:22
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
[Column] Bob Koigi: Mining in Sub Saharan Africa: Bane or blessing?
14-03-2023 | 14:52:41
Sub Saharan Africa is increasingly becoming a mining hub as more countries in the region continue discovering lucrative resources and minerals that have catapulted them to international limelight while seeing numerous investors pitch tent.
South Africa constitution comes to the fore in North African cargo dispute
14-03-2023 | 14:51:47
At first glance, it might seem unlikely that South Africa’s Constitution could be instrumental in deciding a cargo dispute with its roots in a 40-year-long North African territory deadlock.
[Column] Leana Englebrecht: Swaziland Competition Commission requires payment of higher merger filing fees
14-03-2023 | 14:51:42
In Swaziland, mergers are classified as either small mergers or large mergers.
[Column] Betsie Strydom and Wandisile Mandlana: New tax measures to curb abuse of mining rehabilitation funds are a missed opportunity
14-03-2023 | 14:51:39
The National Environmental Management Act, 1998 (NEMA) places the responsibility for remediating environmental damage, pollution or ecological degradation arising from mining operations on mining companies as the holders of prospecting or mining rights.
Digital innovation driving growth and competition in DRC mining sector - Ali Bofulo
14-03-2023 | 14:51:23
Digital innovation is driving transformation within the local mining sector. This shift, according to leading converged ICT solutions provider, iWayAfrica, is driving growth and becoming a key differentiator within the Democratic Republic of the Congo.
New roadmap from IFC and partners outlines net-zero pathways for mining green tech metals
06-02-2023 | 05:07:00
The International Finance Corporation (IFC) launched the Net-Zero Roadmap for Copper and Nickel Mining Value Chains, a new solutions guide aimed at decarbonizing the mining of critical minerals.
Unlocking the Future of African Mining at the Mining Indaba 2023
10-11-2022 | 10:54:00
Investing in African Mining Indaba the world's largest gathering of the most influential stakeholders in the African mining industry, is gearing up to again deliver a record-breaking event that will facilitate greater investment into African mining.
[South Africa] Impala Rustenburg invests in business development hub targeting MSMEs in mining
05-10-2022 | 08:25:14
From this multi-functional venue, Impala Rustenburg will provide SMMEs with services including enterprise and supplier development, assistance with market access and funding facilitation, as well as various shared business facilities.
Kinross completes sale of Chirano mine in Ghana
17-08-2022 | 13:11:19
Kinross Gold Corporation has announced that it has completed the sale of all its interest in the Chirano mine in Ghana to Asante Gold Corporation for a total consideration of $225 million in cash and shares.
Signature du pacte pour la competitivite de l’industrie automobile en Tunisie
21-07-2022 | 10:51:00
La Tunisian Automotive Association « TAA » a annoncé la signature du pacte pour la compétitivité de l’industrie automobile entre le Ministère de l’Industrie, des Mines et de l’Energie sous le haut patronage de la Présidence du Gouvernement Tunisien et le secteur privé représenté par la TAA sous l’égide de l’UTICA
Kazera Global to acquire majority stake in Kenya's Great Lakes Graphite
28-06-2022 | 13:17:21
Kazera Global announced the signature of Binding Heads of Terms for the proposed acquisition of a 71% interest in Great Lakes Graphite, which owns 100% of 3 exploration licenses covering the Homa Bay and Buru Hill Rare Earth Elements in Kenya.
RDC réitère son engagement pour la transformation locale de ses minéraux
12-05-2022 | 10:04:00
La RDC a réitéré cette semaine à la conférence Mining Indaba 2022 de son engagement pour la création d’une chaine de transformation locale de ses minéraux et appeler à davantage d’investissements étrangers.
Kodal Minerals lève 3,7 millions de dollars pour faire avancer le projet de lithium Bougouni
09-05-2022 | 09:02:00
Au Mali, le projet de lithium Goulamina a attiré les projecteurs ces derniers mois, grâce notamment à l’arrivée d’investisseurs chinois prêts à financer la construction et la mise en service de la mine.
One tonne of African gold is expected to be exported to Turkey by Hacıoğlu Gold Mining.
28-04-2022 | 14:20:00
Hacıoğlu Gold Mining has announced that it will begin field research in addition to gold collection activities in the area.
Une tonne d'or africain devrait être exportée vers la Turquie par Hacıoğlu Gold Mining.
25-04-2022 | 12:14:00
Hacıoğlu Gold Mining a annoncé qu'elle allait commencer des recherches sur le terrain en plus des activités de collecte d'or dans la région.
[Ghana] Government kicks off $103.4m project to restore landscapes, mining sector
16-02-2022 | 11:02:00
The Ghana Landscape Restoration and Small-Scale Mining Project has been launched by the government to strengthen the integration of the country’s natural resource management.
Egypt unveils plans for investments in its mining sector
10-01-2022 | 11:02:00
Oil Minister Tarek El Molla is on the record as saying he wants to increase mining’s contribution to GDP tenfold by 2026, and in order to achieve this the ministry is to aid the sector’s transformation into a lucrative investment spot.
Vale sells its Mozambique coal assets for $ 270 million
23-12-2021 | 09:38:52
The Closing of the transaction is subject to the satisfaction of customary conditions precedent, including the approval of the Ministry of Mineral Resources and Energy of Mozambique.
Golden Star announces receipt of Ghanaian Regulatory approval for Chifeng acquisition transaction
29-11-2021 | 11:26:55
Gold mining company Golden Star Resources Ltd has announced that the Ghanaian Ministry of Lands and Natural Resources has informed Chifeng Jilong Gold Mining Co., Ltd
B2Gold sells Burkina Faso projects to West African Resources
27-10-2021 | 09:17:00
The closing of the Kiaka Transaction is subject to certain customary conditions, including completion of a transaction between WAF and GAMS-Mining F&I Ltd.
Caledonia Mining enters agreement to acquire Maligreen project in Zimbabwe
29-09-2021 | 09:58:00
Caledonia Mining announced it has entered into an agreement to purchase the mining claims over the Maligreen project, a property situated in the Gweru mining district in the Zimbabwe Midlands, from Pan African Mining.
World Bank approves $103.4m to help reverse land degradation in Ghana
01-09-2021 | 07:44:00
The World Bank approved $103.4 million for Ghana to reverse land degradation and strengthen integrated natural resource management in about 3 million hectares of degraded landscapes.
Red Rock drill programme commences at Central KKM Gold Prospect in Kenya
17-08-2021 | 11:46:32
Red Rock Resources announced that following the recent receipt of all permits, the Company is now beginning the reverse circulation (RC) drill programme at the Central KKM Gold Prospect, the central part of the Mikei Gold Project in Kenya.
Energy Recovery ships PX technology to desalination plant in Morocco
12-08-2021 | 11:53:58
Energy Recovery, the company that harnesses reusable energy from industrial fluid flows and pressure cycles, announced it has shipped its Pressure Exchanger (PX) Q300 energy recovery devices for a mega-scale desalination plant in Morocco.
[Ghana] Asante Gold acquires Bibiani Gold Mine from Resolute for $90m
11-08-2021 | 11:41:00
Resolute Mining announced it has agreed to sell its interest in the Bibiani Gold Mine to Asante Gold for total cash consideration of $90 million.
Rio Tinto signs renewable energy agreement in Madagascar
28-07-2021 | 13:03:00
Rio Tinto has signed a power purchasing agreement for a new renewable energy plant to power the operations of its QMM ilmenite mine in Fort Dauphin, Southern Madagascar.
Vedanta Zinc adds new product line to expand its Black Mountain operations in South Africa
27-07-2021 | 10:51:23
Vedanta Zinc International (VZI) announced it has started a new Iron Ore product line this year to scale up iron ore production at its Black Mountain Mine (BMM) operations in Aggeneys, Northern Cape, South Africa.
IronRidge partners with Piedmont for lithium production in Ghana
07-07-2021 | 15:41:00
IronRidge Resources entered a conditional binding agreement with Piedmont Lithium to fully fund and fast track the Ewoyaa Lithium Project, part of the Company's Ghanaian Cape Coast Lithium Portfolio (CCLP), to production.
DGCX signs MoU with Financial Markets Regulatory in Sudan to strengthen the gold market in Africa
28-06-2021 | 12:12:00
The agreement will see the DGCX and FMA collaborate on areas of mutual benefit, foster collaboration, and exchange knowledge around gold trading.
[Maroc] OCP S.A. procédé avec succès à une nouvelle emission obligataire Internationale pour 1,5 milliard USD
14-06-2021 | 08:48:00
Conformément à l’autorisation de son Conseil d’Administration ainsi que de l’Assemblée Générale, OCP S.A. a annoncé avoir procédé avec succès à une émission obligataire sur les marchés internationaux pour un montant total de 1,5 milliard USD.
[South Africa] Afrimat acquires Gravenhage manganese mining right to further strengthen diversification
25-05-2021 | 10:17:00
Afrimat, an open-pit mining Company providing industrial minerals, commodities, and construction materials, announced the acquisition of the Gravenhage manganese mining right and associated assets in the Northern Cape, South Africa.
Ivanhoe pledges net-zero greenhouse gas emissions at Kamoa-Kakula Copper Mine in DRC
20-05-2021 | 09:38:00
Ivanhoe Mines announced it has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo.
Seriti Resources to conclude acquisition of South32 coal assets in South Africa
20-05-2021 | 09:14:52
Coal mining company Seriti Resources confirms that all conditions precedent to its acquisition of South32 SA Coal Holdings Proprietary Limited (SAEC) have been fulfilled, and the sale is expected to be completed on 1 June 2021.
Centamin awards Giza Systems EPC contracts for Sukari gold mine solar power plant in Egypt
19-05-2021 | 13:20:00
Mining company Centamin has awarded juwi and Giza Systems the engineering, procurement and construction (EPC) contracts for its 36 MW solar farm and 7.5 MW battery-energy storage system at the Sukari gold mine, Eastern Desert in Egypt.
GoldStone commences mining and ore stacking at the Homase mine in Ghana
14-05-2021 | 09:10:00
GoldStone Resources announced that mining and ore stacking at the Homase Mine within its Akrokeri-Homase Gold Project (AKHM), in Ghana has commenced with the first mined ore having been successfully stacked onto the heap leach pad.
[South Africa] Exxaro partners with SAICA ED to enhance financial management systems
13-05-2021 | 14:10:36
Exxaro’s Enterprise and Supplier Development (ESD) initiative announced a collaboration with SAICA Enterprise Development (SAICA ED), to implement Financial Excellence Programme to allow the mining company’s suppliers enhance financial management systems.
Swedish engineering company Sandvik to acquire South African screens and feeders manufacturer Kwatani
11-05-2021 | 13:52:18
Sandvik signed a deal to acquire the South African based company Kwatani, the supplier of screens and feeders for the mining industry.
[South Africa] Kgatelopele Lime acquires PPC Lime for $39.1m
11-05-2021 | 09:05:00
PPC and Kgatelopele Lime announced they have reached an agreement for the sale of PPC Lime to Kgatelopele Lime for $39.1million.
Gold Fields gives green light for construction of solar plant at South Deep mine in South Africa
07-05-2021 | 08:42:38
Gold Fields Board of Directors gave the green light for the construction of a 40MW solar plant at the South Deep mine in South Africa. This follows the granting of a licence by the National Energy Regulator of South Africa in February this year.
Galiano Gold acquires 100% of exploration properties in Mali
06-05-2021 | 16:06:00
Galiano Gold announced it has acquired 100% of ABG Mali Exploration SARL (ABG Mali) from a subsidiary of Barrick Gold for consideration paid of $1.5 million.
Galiano Gold commences exploration work on wholly owned Asumura property in Ghana
06-05-2021 | 15:56:56
Galiano Gold announced that exploration work has commenced on its 100% owned Asumura property in Ghana.
Centamin awards Sukari Gold Mine contracts to juwi AG and Giza Systems in Egypt
05-05-2021 | 09:19:20
Centamin announced it has awarded the engineering, procurement and construction contracts for the 36MW solar farm and 7.5 MW battery-energy storage system at the Sukari Gold Mine (the Sukari solar plant) to juwi AG and Giza Systems in Egypt.
Woolpert selected to provide topographic map of quarter of Nigeria for MinDiver project
29-04-2021 | 08:31:00
Woolpert has been selected to collect, process and deliver topographic mapping across more than one-quarter of Nigeria, or roughly 258,000 square kilometers, under a $4.4 million contract with the Ministry of Mines and Steel Development.
ITFC, Cameroon sign a $750 million agreement to support key sectors
13-04-2021 | 11:05:30
Through this framework agreement, ITFC will also be extending its support to SMEs and private sector through financing facilities to local banks and financial institutions.
Anglo American demerges South Africa thermal coal operations
12-04-2021 | 17:11:00
Anglo American announced the demerger of its thermal coal operations in South Africa, subject to the approval of Anglo American’s shareholders on 5 May 2021.
MIGA issues guarantees to support pre-construction study of iron ore mining project in Guinea
17-03-2021 | 09:15:58
MIGA is planning to issue guarantees of up to $130.5 million to High Power Exploration (HPX) of the United States for investments into the pre-construction study phase of a high-grade, open-pit iron ore mine in Mount Nimba, southeastern Guinea.
NERSA approves 40MW solar plant generation licence for mining operations in South Africa
03-03-2021 | 13:37:16
The National Energy Regulator of South Africa (NERSA), approved the issuing of a generation licence to GFI Joint Venture Holdings Proprietary and Gold Fields Operations, to operate a 40MW solar photovoltaic (PV) plant.
[South Africa] Sibanye-Stillwater enters battery metals sector through investment agreement with Keliber
24-02-2021 | 15:19:07
Sibanye-Stillwater entered into an investment agreement with Keliber, expected to be implemented in March 2021, subject to the approval by the South African Reserve Bank.
Minbos raises funds to accelerate Cabinda phosphate project in Angola
22-02-2021 | 09:25:36
Minbos Resources announced it has received firm commitments from sophisticated investors to subscribe for a placement of approximately 91.25 million fully paid ordinary shares (Shares) in the Company.
Gemcorp, ENDIAMA enter joint-venture partnership to develop diamond project in Angola
11-02-2021 | 07:53:00
Gemcorp, an emerging markets trade and investment group, and ENDIAMA Mining have entered into a joint venture agreement to develop the Mulepe diamond deposit in Lunda Norte, Angola.
Endeavour sells 85% interest of its non-core Agbaou mine in Côte d’Ivoire
25-01-2021 | 15:47:00
Endeavour Mining has entered into an agreement to sell its 85% interest in its non-core Agbaou mine in Côte d’Ivoire to Allied Gold Corp for a consideration of up to $80 million.
[Zambia] Glencore signs contract to sell 73% of underlying stake in Mopani for $1.5b
20-01-2021 | 14:13:00
Glencore announced that its subsidiary Carlisa Investments, in which Glencore holds 81.2% of the shares, has signed an agreement with ZCCM Investments to transfer its 90% interest in Mopani Copper Mines.
Pan African Resources, juwi South Africa partner for construction of solar photovoltaic plant at Evander Mines
17-12-2020 | 09:11:00
Pan African Resources has entered into an engineering, procurement and construction agreement with juwi South Africa to construct its 9.975MW solar photovoltaic plant at Evander Mines.
[South Africa] AngloGold Ashanti appoints Maria Ramos as new Chair
15-12-2020 | 13:00:32
AngloGold Ashanti has appointed Independent Non - Executive Director Maria Ramos as the new Chair of the Board with immediate effect.
Metalex announces agreement on diamond project in South Africa
07-12-2020 | 10:00:00
Metalex Ventures Ltd. has reached an agreement to acquire an interest in the 3,373 hectare Viljoenshof prospecting license from Invest in Property 126 (Pty) Ltd "IIP"
Egypt, Nigeria explore cooperation in mining sector
18-11-2020 | 16:14:43
Egypt Petroleum Minister Tarek el Molla recently held a meeting with Nigerian Minister of State for Mines and Steel Development Uchechukwu Ogah to discuss means of boosting bilateral cooperation.
[Burkina Faso] Endeavour Mining, Teranga Gold enter agreement to create new senior gold producer
18-11-2020 | 09:42:00
Endeavour Mining and Teranga Gold have entered into a definitive agreement whereby Endeavour will acquire all of the issued and outstanding securities of Teranga by way of a Plan of Arrangement under the Canada Business Corporations Act.
Botswana Diamonds commences drilling on Thorny River and Marsfontein in South Africa
18-11-2020 | 09:29:00
Botswana Diamonds announced that drilling has commenced on its Thorny River and Marsfontein project areas in South Africa.
Botswana Diamonds announces satisfaction of conditions precedent for Sekaka Diamonds acquisition
18-11-2020 | 09:21:26
Botswana Diamonds announced that all the Conditions Precedent for the acquisition of Sekaka Diamonds have now been satisfied.
AngloGold Ashanti, Barrick conclude Morila sale to Firefinch in Mali
12-11-2020 | 11:18:00
AngloGold Ashanti and Barrick Gold concluded the sale of their interest in Morila, which owns 80% of the Morila gold mine in Mali, to Firefinch for $28.8 million.
Nordgold equips West Africa Training Centre with Full-Mission Simulator system
09-11-2020 | 07:15:00
Internationally diversified gold producer Nordgold, has equipped its new West Africa Training Centre located near the Lefa mine in Guinea, with a CYBERMINE Full-Mission Simulator.
Zambia launches export diversification strategy in gold and gemstone mining
22-10-2020 | 09:34:00
Zambia launched its Export Diversification Strategy in Gold and Gemstone Mining, to guide the formalization of the sector and stop illegal trading of the commodities in the country.
[Botswana] Galileo Resources completes acquisition of Africibum
21-10-2020 | 08:33:00
Exploration and development mining company Galileo announced the completion of the acquisition of 100% of Africibum and its interests in the North East Kalahari Copper Belt project in Botswana.
[Nigeria] BUA Cement appoints Jacques PieKarski new Chief Financial Officer
09-10-2020 | 10:47:53
BUA Cement has appointed Jacques Piekarski, as the new Chief Financial Officer.
East Africa-focused Shanta Gold announces New Luika plant capacity expansion
28-09-2020 | 09:57:00
Shanta Gold, East Africa-focused gold producer announced the expansion of processing capacity at the New Luika Gold Mine (NLGM).
Illicit gold trade thrives with impunity in the Democratic Republic of Congo, report
17-09-2020 | 16:05:00
IMPACT’s newest report reveals how the Democratic Republic of Congo’s (DRC) illicit gold trade continues to thrive despite efforts to clean up the sector.
Traceable, commercially viable artisanal gold supply chain now operational in Côte d’Ivoire
17-09-2020 | 08:37:00
After a first export of gold, IMPACT and the European Union announced a traceability and due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire has been successfully implemented as part of the Just Gold project.
AngloGold Ashanti receives unconditional approval to sell its South African mines
16-09-2020 | 08:22:37
AngloGold Ashanti announced that all conditions precedent have been met with respect to the sale of its remaining mines in South Africa to Harmony Gold Mining Company.
BUA Group, Axens partner for upcoming refinery and petrochemical plant in Nigeria
04-09-2020 | 14:13:00
BUA Group signed an agreement with Axens of France for the supply of process technologies for its upcoming 10million tonnes per annum mega refinery and petrochemicals facility to be sited in Akwa-ibom, Nigeria.
Namibia Critical Metals secures $5m discretionary financing from Alumina Partners
02-09-2020 | 09:09:00
Namibia Critical Metals announced it has entered into a drawdown equity financing facility with Alumina Partners (Ontario), an affiliate of New York-based private equity firm Alumina Partners, LLC.
AngloGold Ashanti, Barrick agree to sell Morila Mine stake to Mali Lithium
01-09-2020 | 11:41:00
AngloGold Ashanti and Barrick Gold have agreed to sell their effective 80% stake in the Morila Gold Mine in Mali, to Mali Lithium.
Shanta Gold completes acquisition of Barrick's Kenya gold projects
21-08-2020 | 12:50:38
Shanta Gold, East Africa-focused gold producer, has completed the acquisition of 100% shares of Barrick’s subsidiary Acacia Exploration Kenya (AEKL) from three subsidiaries of Barrick Gold.
Awalé Resources commences phase 2 drilling program on Odienné project in Côte d'Ivoire
20-08-2020 | 10:03:00
Awalé Resources reports that phase 2 drill program has commenced at the Empire gold discovery on the Odienné project in northwest Côte d'Ivoire.
Jubilee Metals signs copper project JV Agreement to expand operations in Zambia
13-08-2020 | 11:45:00
Jubilee Metals announced that in line with its stated strategy to expand operations in Zambia, it has signed a Joint Venture Agreement with a private Zambian company securing the rights to process 2 million tonnes copper Run-Of-Mine material.
[South Africa] AngloGold Ashanti appoints Kojo Busia as Independent Non-Executive Director
04-08-2020 | 10:44:55
AngloGold Ashanti appointed Dr Kojo Busia as an Independent Non-Executive Director to its board, effective 1 August 2020. He will serve as a member of the Investment Committee and the Social and Ethics and Sustainability Committee.
World Bank approves $100m to improve decentralized services, management of extractive sector in Niger
04-08-2020 | 08:42:00
The World Bank approved a $100 million financing from the International Development Association (IDA) credit and grant to strengthen local governments’ capacity and extractive sector management in Niger.
COVID-19 raises urgency for structural reforms in South Africa, study
03-08-2020 | 10:59:00
South Africa responded swiftly to the COVID-19 pandemic, but the sharp drop in activity adds to long-standing challenges and raises the urgency for structural reforms, according to a new OECD report.
Bank of Central African States allows opening of foreign currency, escrow accounts
13-07-2020 | 11:15:00
The Board of Directors of the Bank of Central African States (BEAC) has allowed the opening of foreign currency escrow accounts by petroleum and mining operators.
Pensana Rare Earths lists Angola’s Longonjo Project on the London Stock Exchange
10-07-2020 | 09:46:00
Australian exploration company Pensana Rare Earths has listed its Longonjo project in Angola on the London Stock Exchange, representing the U.K.’s first resources-focused IPO since COVID-19.

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