Africa
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Africa
ERG to Reexamine Mining Permits in the DRC, Considers Divesting Mozambican Assets
Kazakhstan-backed Eurasian Resources Group is undertaking a sweeping review of its African operations, with CEO Nicolas Treand outlining…
Africa
Midnight Sun Mining Posts Strong Copper Grades in Zambia
Midnight Sun Mining’s shares jumped 26% after the company disclosed robust drill results from its Solwezi project in…
Africa
De Beers and Botswana Seal Diamond Agreement
De Beers and Botswana’s government have finalized a renegotiated sales agreement extending their joint venture, Debswana, through 2054.…
Africa
Resolute Mining’s $160M Payout in Mali Triggers CEO Exit, Share Price Collapse
The abrupt leadership shakeup, coupled with a 6.5% plunge in Resolute’s shares on the Australian Securities Exchange, underscores…
Africa
Lotus Resources Bolsters Uranium Sales with Expanded PSEG Nuclear Agreement
Lotus Resources has finalized an additional uranium offtake agreement with PSEG Nuclear, a subsidiary of New Jersey-based Public…
Africa
Oriole Resources Secures Key Licence Renewal for Cameroon Limestone Project, Eyes Cement Sector Partnership
Oriole Resources said Wednesday it has clinched a critical two-year extension for its Wapouzé limestone licence in northern…
Africa
Egypt Bets Big on Mining Overhaul to Revive Economy and Lure Global Investors
Egypt is racing to transform its long-overlooked mining sector into a pillar of economic revival, launching sweeping reforms…
Africa
Bushveld Minerals enters business rescue
Bushveld Minerals, a leading vanadium producer and a critical supplier to the steel and chemical industries, has entered…
Africa
Nigeria Courts Global Investors to Propel Mining Growth
Nigeria is actively seeking international investment to boost its mining sector, a cornerstone of its economic diversification strategy.…
Africa
Mali Seizes Barrick Gold Stock, Threatening 14% of Miner’s Output
Mali’s government has begun enforcing an order to seize gold stocks from Barrick Gold’s Loulo-Gounkoto complex, the Canadian…
Africa
Kenya Moves to Fix Gemstone Sector as Mining Officials Convene in Taita Taveta
The Ministry of Mining, Blue Economy, and Maritime Affairs met with gemstone miners and traders in Taita Taveta…
Africa
Nigeria’s Mining Sector Faces Setback as Capital Budget Slashed by 98%
The Minister of Solid Minerals Development, Dr. Dele Alake, has condemned the drastic reduction of his ministry’s proposed…
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