News
China tightens grip on West Africa's lithium as U. S. -linked miner exits Africa's critical minerals race
14+ hour, 20+ min ago (226+ words) China is expanding its control of lithium assets across Mali, Zimbabwe and Ghana, further strengthening Beijing's lead over the United States in the global battery supply chain race. | Business Insider Africa...
Namibia moves to position itself as the next major force in critical minerals and rare earths
1+ hour, 18+ min ago (520+ words) The Southern African country of Namibia, possessing substantial reserves of critical minerals, including uranium, lithium, graphite, rare earths, copper, manganese, and zinc, seeks to leverage these resources to secure a position within the global supply chain. This was made known…...
China tightens grip on Mali, Zimbabwe and Ghana's lithium as U. S. -linked miner exits Africa's critical minerals race
14+ hour, 20+ min ago (579+ words) China is expanding its control of lithium assets across Mali, Zimbabwe and Ghana, further strengthening Beijing's lead over the United States in the global battery supply chain race. Chinese battery materials giant Zhejiang Huayou Cobalt is tightening its grip on…...
Cameroon introduces stricter gold mining conditions, targets foreign firms in crackdown
3+ week, 6+ day ago (41+ words) Gold mining companies operating in Cameroon are facing stringent new conditions as the government moves to tighten oversight of suspended operations in the country's mineral-rich East Region, signalling a tougher regulatory phase for foreign miners. | Business Insider Africa...
Nearly 200 illegal gold companies uncovered in Cameroon amid anti-foreign mining push
17+ hour, 36+ min ago (384+ words) Cameroon is intensifying efforts to clean up its gold mining sector after authorities identified nearly 200 illegal mining companies operating across the country's East and Adamawa regions, with more than 95% of them reportedly foreign-owned. In a recent press release signed by…...
South Africa's 158-year-old diamond mine is looking for new buyers to save it from extinction
1+ day, 22+ hour ago (545+ words) South Africa's Ekapa Diamond Mine, one of the country's oldest and most iconic mining assets, has entered liquidation proceedings following a combination of market pressures and tragic events earlier this year. The joint provisional liquidators of Ekapa Minerals and Ekapa…...
Zimbabwe's gold ambitions get bigger as state fund seeks $250 million
2+ day, 1+ hour ago (443+ words) Mutapa Investment Fund, Zimbabwe's state-owned sovereign wealth fund, is looking for $250 million to expand its gold mining activities, signifying a big drive to bolster the country's mining sector and boost output of one of its most important export commodities. The…...
Australian mining firm strikes high-grade rare minerals in Namibia's Kameelburg project
4+ day, 12+ hour ago (321+ words) Australian mining company Aldoro Resources Ltd has announced the discovery of rare minerals at the site of its Kameelburg project in Namibia. The minerals, identified as niobium and strontium, were found in high-grade quality in central Namibia between Otjiwarongo and…...
African gold mines drive Canadian miner B2 Gold Corp. s $200 million profit surge
4+ day, 20+ hour ago (532+ words) Robust gold production from Mali and Namibia lifted Canadian miner B2 Gold Corp. to a $200 million profit surge, with additional support from operations in Canada and the Philippines reinforcing overall output and earnings momentum. In total, the company produced 237, 763 ounces of…...
All eyes on Africa as soaring gold prices boost mining power and state control, with prices projected to hit $6, 300 per ounce
5+ day, 12+ hour ago (711+ words) Africa is becoming the centre of the global gold rush as soaring bullion prices strengthen its bargaining power, attract international mining investment, and push governments for greater control over mineral wealth, with gold prices expected to reach $6, 300 per ounce by…...