News
Oil-rich Angola makes first major copper exports
1+ hour, 38+ min ago (199+ words) CAPE TOWN, Feb 10 (Reuters)Angola's first major copper mine shipped its first concentrates in January, an official said on Tuesday, the first such exports of the clean energy metal as the oil-rich African country diversifies its mineral resources income. The…...
US challenges Chinese control in race for African minerals
1+ day, 15+ hour ago (555+ words) ACCRA, Feb 9 (Reuters)The U.S. is using offtake deals and state-backed funding to compete in the short term with China in securing supplies of African copper, cobalt and other critical minerals, diplomats, executives and analysts said ahead of this week's Indaba....
Mali dismisses reports of new three-state Sahel currency as fake
2+ week, 8+ hour ago (244+ words) BAMAKO, Jan 27 (Reuters)Mali said on Tuesday reports about the imminent launch of a currency for three military-led countries in West Africa's Sahel region were fake. Abandoning the eight-member West African monetary union and adopting a new currency would further…...
Mali takes 51% stake in China-backed local explosives venture
2+ week, 1+ day ago (284+ words) BAMAKO, Jan 25Mali has taken a 51% stake in a new industrial'explosives venture with China's Auxin Chemical Technology, its Council of Ministers said, tightening state control over critical mining inputs and extending Beijing's industrial expansion in the Sahel region. Mali, Burkina Faso…...
Future Minerals Forum 2026: The Role of Nuclear in the Renewable Energy Mix
3+ week, 1+ day ago (27+ words) Future Minerals Forum 2026: The Role of Nuclear in the Renewable Energy Mix'CNBC Africa Future Minerals Forum 2026: The Role of Nuclear in the Renewable Energy Mix...
Mali gold output plunges 23% as Barrick halt, tougher rules reshape sector
3+ week, 4+ day ago (294+ words) BAMAKO, Jan 16 (Reuters)Mali's industrial gold output fell 22.9% in 2025, hurt by the lengthy suspension of Barrick Mining'soperations due toa disputeover tougher mining rules, provisional figures from the West African country's mines ministry showed. Mali, one of Africa's largest gold producers,…...
Caledonia plans to spend $132 million on Zimbabwe's biggest gold mine this year
3+ week, 6+ day ago (240+ words) HARARE, Jan 14 (Reuters)Caledonia Mining Corporation plans to spend $132 million this year to launch development of what, once operational, will be Zimbabwe's largest gold mine, the company announced on Wednesday. Miners are riding a wave of record bullion prices to…...
Axis International seeks $28.9 billion from Guinea over revoked bauxite permit
1+ mon, 1+ week ago (317+ words) DAKAR, Dec 29 (Reuters) " Axis International Ltd is seeking $28.9 billion from Guinea at a World Bank tribunal after the West African country revoked its permit to operate a bauxite mine there this year, the United Arab Emirates-based company said on Monday....
Peabody Energy terminates bid for Anglo American's Australian coking coal mines
5+ mon, 3+ week ago (180+ words) Aug 19 (Reuters)Peabody Energysaid on Tuesday it has terminated its $3.78 billion bid for Anglo American'sAustralian coking coal mines, after the U.S. miner failed to renegotiate a lower price for the deal. Last year, Peabody had agreed toacquirethe mines located in Queensland's…...
Peabody's decision on $3.8 billion bid for Anglo American mines looms next week
5+ mon, 4+ week ago (396+ words) MELBOURNE, Aug 12 (Reuters)Peabody Energyis set to reveal on August 19 whether it will continue with its $3.78 billion bid for Anglo American'sAustralian coking coal mines, as time ticks down for it to renegotiate a lower price for the deal. The U.S. miner…...