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africa.businessinsider.com > local > markets > zimbabwe-lithium-company-forced-to-shut-down-after-chinese-investor-and-former > h0c8en3

Zimbabwe lithium company forced to shut down after Chinese investor and former executive accused of diverting $3.65 million

2+ hour, 12+ min ago  (541+ words) San Ding Lithium Private Limited, a Zimbabwean lithium company, was forced to shut down after prosecutors accused a Chinese investor and former executive of diverting $3.65 million meant for its operations. The case involves suspected forged financial documents, missing company records…...

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africa.businessinsider.com > local > markets > canadian-miner-montage-gold-fast-tracks-second-cote-divoire-mine-as-africas-newest > 7d558rn

Canadian miner Montage Gold fast-tracks second Côte d’Ivoire mine as Africa’s newest gold hotspot attracts billions

6+ hour, 33+ min ago  (745+ words) Canada’s Montage Gold is wasting little time turning its latest acquisition into a future mine, underscoring growing confidence in Côte d’Ivoire as one of Africa’s fastest-growing gold investment destinations. Just three months after completing its acquisition of Australian explorer African…...

Business Insider Africa
africa.businessinsider.com > local > markets > nova-africa-plans-dollar21-million-botswana-gold-mine-restart > 6vppdtp

Nova Africa plans $21 million Botswana gold mine restart

8+ hour, 8+ min ago  (343+ words) The joint venture's acquisition package aims to revitalize the long-dormant operations and breathe new life into the region's mining sector. Located near Francistown in the North-East District, the Mupane Gold Mine first commenced operations in 2004, extracting ore from banded ironstone…...

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africa.businessinsider.com > local > leaders > africas-biggest-gold-producer-is-on-track-for-another-record-as-ghanas-small-scale > q8ez38t

Africa’s biggest gold producer is on track for another record as Ghana’s small-scale miners fuel an $11billion export engine

12+ hour, 43+ min ago  (727+ words) Ghana’s decision to formalise its artisanal gold sector is delivering one of the biggest success stories in Africa’s mining industry. The country’s small-scale miners are on course to produce another record amount of gold this year, extending their lead over…...

Business Insider Africa
africa.businessinsider.com > local > leaders > dr-congos-tax-battle-with-glencore-puts-strategic-copper-mine-at-centre-of-us > 8q7kzmj

DR Congo’s tax battle with Glencore puts strategic copper mine at centre of US minerals push

1+ day, 5+ hour ago  (643+ words) A multibillion-dollar tax dispute between the Democratic Republic of Congo (DRC) and Glencore has intensified at one of the world’s most strategic copper and cobalt mines, raising fresh questions over a proposed US-backed investment aimed at securing critical minerals outside…...

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africa.businessinsider.com > local > markets > botswana-unearths-massive-1305-carat-diamond-marking-its-10th-record-shattering-find > 8qnjjjk

Botswana unearths massive 1,305-carat diamond, marking its 10th record-shattering find over 1,000 carats

1+ day, 9+ hour ago  (583+ words) Africa's leading diamond producer, Botswana, has reinforced its status as a global powerhouse in the gemstone industry after a massive 1,305.4-carat diamond was recovered from the country's renowned Karowe mine, adding yet another extraordinary discovery to its record of producing…...

Business Insider Africa
africa.businessinsider.com > local > markets > the-largest-diamond-company-in-africa-halts-its-operations-at-south-africas-largest > lpmnp4r

The largest diamond company in Africa halts its operations at South Africa’s largest diamond mine

2+ day, 2+ hour ago  (418+ words) The global diamond mining giant, De Beers, has decided to halt operations at the Venetia mine, the largest diamond mine in South Africa. This decision is a result of current market dynamics, where conditions for the sale of diamonds have…...

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africa.businessinsider.com > local > lifestyle > burkina-fasos-administration-asserts-100-state-control-over-the-new-dollar68-million > 0rtz594

Burkina Faso's administration asserts 100% state control over the new $68 million gold mine

4+ day, 10+ hour ago  (393+ words) The Captain Ibrahim Traoré-led government of Burkina Faso has officially awarded an industrial mining permit to its state-owned mining company, SOPAMIB, for the development of the Bouboulou gold project. The move signals a bold departure from decades of relying heavily…...

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africa.businessinsider.com > local > markets > canadian-gold-processor-targets-africas-informal-mining-economy-with-new-plant-in > 20tg55f

Canadian gold processor targets Africa’s informal mining economy with new plant in Senegal

5+ day, 10+ hour ago  (892+ words) Canadian gold processor Dynacor has begun processing ore at its first African plant, opening a new phase in its attempt to build a network around the continent’s large but fragmented artisanal gold industry. The company said its Galam pilot plant…...

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africa.businessinsider.com > local > markets > nigeria-edges-closer-to-becoming-africas-next-lithium-powerhouse-with-australian > k95dnsh

Nigeria edges closer to becoming Africa's next lithium powerhouse with Australian-backed 11-mineral-title portfolio

6+ day, 7+ hour ago  (497+ words) Nigeria has moved a step closer to strengthening its position in the global race for critical minerals after regulators approved the transfer of additional lithium exploration licences, advancing an Australian-backed acquisition that could eventually support industries ranging from electric vehicles…...