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Africa

AngloGold holds costs below 2% amid peers averaging 15%-plus
Resources Watch
13th August 2025

This week: Khwelamet ferromanganese revival will begin when Eskom gives feasible power rate and, AngloGold holds costs below 2% amid peers averaging 15%-plus 


A coltan mine run by M23 rebels
US imposes sanctions on Congo armed group, mining firms over illicit minerals
13th August 2025 By: Reuters

The US on Tuesday announced sanctions against an armed group aligned with Congo's military as well as a Congolese mining company and two Hong Kong-based exporters over armed violence and the sale... 


The Chirano plant
Asante Gold seals $500m financing deals, completes Kinross debt restructuring
13th August 2025 By: Mariaan Webb

Vancouver-based Asante Gold said this week that it had signed definitive agreements for a $500-million financing package and completed the restructuring of debt owed to Toronto-listed Kinross Gold,... 


De Beers announces kimberlite field discovery in Angola
De Beers announces kimberlite field discovery in Angola
12th August 2025 By: Reuters

De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on Tuesday, its first such discovery in three decades. The Anglo American... 


Eramet names processing head in Gabon with eye on manganese ore export ban
12th August 2025 By: Reuters

French mining group Eramet has appointed an executive to oversee mineral processing in Gabon, the company said on Tuesday, as the West African country seeks to end exports of unrefined manganese... 


Seriti Resources CEO and new FutureCoal chairperson Mike Teke
Teke succeeds Ndolvu as FutureCoal chairperson
12th August 2025 By: Darren Parker

The Global Alliance for Sustainable Coal (FutureCoal) has appointed Seriti Resources CEO Mike Teke as its new chairperson, effective August 12, following the retirement of July Ndlovu.  As... 


Barrick CEO Mark Bristow.
Barrick’s DRC gold mine is exemplary global advancer of African greenness, automation
12th August 2025 By: Martin Creamer

Africa received a strong thumbs up during the second-quarter presentation of Barrick as one of its “main cash generators”. “We saw solid performance across the portfolio,” Barrick CEO Dr Mark... 


SUISO founder Paul Erskine
Two contractors shortlisted for R31.5bn Hiryo coal-to-fertiliser project
12th August 2025 By: Schalk Burger

Two Chinese engineering companies, East China Engineering Science and Technology (ECEC) and Sinopec Ningbo, have made the final round of bidding for a basic engineering contract to build the... 


Harena raises £180 000 through subscription
12th August 2025 By: Darren Parker

London-listed rare earths company Harena Resources has raised further gross proceeds of about £180 000 through an oversubscribed subscription of 12.1-million new ordinary shares with certain... 


Platinum smelting
South Africa's mining output up 2.4% y/y in June, but mineral sales down 14.4% y/y
12th August 2025 By: Creamer Media Reporter

Mining production increased by 2.4% year-on-year in June, with the platinum-group metals (PGMs), coal and chromium ore sectors having made the biggest positive contributions. PGM output increased... 


Jubilee board urges shareholders to approve sale of chrome, PGM ops to One Chrome
12th August 2025 By: Darren Parker

Jubilee’s board of directors has unanimously recommended that shareholders vote in favour of the proposed sale of the company’s South African chrome and platinum group metal (PGM) operations to One... 


An image showing graphite from Blencowe
Blencowe conditionally raises £290 000 to settle Uganda tax liability
12th August 2025 By: Tasneem Bulbulia

London-listed Blencowe Resources has conditionally raised £290 000 through the issue of 7.25-million new ordinary shares, with this placing undertaken by Tavira Financial, and limited to two... 


An image of the Douta project
Thor Explorations records strong interim performance, says exploration progressing
12th August 2025 By: Tasneem Bulbulia

Aim- and TSX-V-listed Thor Explorations recorded a good operational performance for the second quarter and first half ended June 30, president and CEO Segun Lawson says in an operational and... 


Lifezone secures $60m bridge loan for Tanzania nickel project
12th August 2025 By: Creamer Media Reporter

NYSE-listed Lifezone Metals has secured a $60-million bridge loan from Taurus Mining Finance Fund No. 2 to accelerate early works and infrastructure development at the Kabanga nickel project in... 


Gold refining
Bullion markets breathe sigh of relief after Trump says gold will not face tariffs
12th August 2025 By: Reuters

US President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up... 


A Glencore-Merafe Chrome Venture Group smelting operation in action.
South African ferrochrome, chrome ore sectors at crucial juncture, says Merafe
12th August 2025 By: Martin Creamer

The South African ferrochrome and chrome ore sectors are at a crucial juncture, the Johannesburg Stock Exchange-listed Merafe Resources reported on Tuesday, August 12. Sustained pressure from the... 


An image of the Marula mine in South Africa
Implats expects increase in full-year basic EPS, but lower HEPS
11th August 2025 By: Tasneem Bulbulia

JSE-listed Impala Platinum (Implats) expects to report an improvement in basic earnings per share (BEPS) for the year ended June 30, but warns that headline earnings per share (HEPS) are expected... 


Zanaga reports improved targeted economics for Congo-Brazzaville project
11th August 2025 By: Tasneem Bulbulia

Aim-listed Zanaga Iron Ore Company has reported a material improvement in the targeted economics at its flagship Zanaga project, in Congo-Brazzaville, driven by the ability to produce a high-grade... 


Sovereign Metals confirms mining method, fleet design for Malawi
11th August 2025 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has confirmed the mining method and completed the mining fleet design for the Kasiya rutile/graphite project, in Malawi, representing another significant... 


Kumba Iron Ore in action.
South Africa’s Kumba Iron Ore helping to lessen carbon emission in global steelmaking
11th August 2025 By: Martin Creamer

The high ferrous content of Kumba Iron Ore, which is produced in South Africa’s Northern Cape, is helping to lessen carbon dioxide (CO2) emission at a time when this is the global pursuit of... 


Lucara recovers second 2 000-ct diamond as funding pressures mount
Lucara recovers second 2 000-ct diamond as funding pressures mount
11th August 2025 By: Mariaan Webb

Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s... 


An image showing a Fabergé Game of Thrones dragon ring
Gemfields sells Fabergé for $50m
11th August 2025 By: Tasneem Bulbulia

Gemstone miner Gemfields has signed an agreement to sell its entire interest in wholly-owned luxury brand Fabergé to SMG Capital for $50-million. Of that sum, $45-million is payable to Gemfields by... 


An image of the Blanket gold mine
Caledonia reports strong second quarter
11th August 2025 By: Tasneem Bulbulia

NYSE- and Aim-listed gold miner Caledonia Mining delivered a strong quarter ended June 30, with record second-quarter gold production at its Blanket mine, in Zimbabwe, and a considerable increase... 


Congo names veteran executive Kabamba as mines minister in reshuffle
8th August 2025 By: Reuters

Democratic Republic of Congo appointed former mining executive Louis Watum Kabamba as mines minister in a cabinet reshuffle, the government said on Friday, ahead of key decisions on potential... 


Dark Star secures full rights to Namibian uranium projects in $3.5m deal with Critical One
8th August 2025 By: Darren Parker

The sale of CSE-, FSE- and OTCQB-listed Critical One Energy’s uranium assets in Namibia to CSE- and FSE-listed Dark Star Minerals has officially closed, marking a significant milestone in the... 


Alphamin’s second-quarter Ebitda improves
8th August 2025 By: Sabrina Jardim

JSE-listed Alphamin Resources has posted a 21% quarter-on-quarter increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to $75-million for the second quarter ended... 


Ferrochrome production.
We’re working with government, looking at possible solutions, says Glencore Alloys CEO
8th August 2025 By: Martin Creamer

“We’re working with government, looking at possible solutions,” Glencore Alloys CEO Japie Fullard tells Mining Weekly amid Glencore reporting this week that not one of its ferrochrome smelters is... 


Glencore shakes up trading team with head of coal to exit
Glencore shakes up trading team with head of coal to exit
8th August 2025 By: Bloomberg

The head of Glencore's huge coal-trading operation is leaving in the biggest shake-up of the company’s trading unit in years. The news comes after Glencore, an historic name in commodity trading... 


Wesizwe CEO resigns owing to ill health
8th August 2025 By: Darren Parker

Owing to ill health, JSE-listed Wesizwe CEO Long Zou has announced that he will step down from his position effective immediately. He will also be resigning as executive director. 


lithium powder on hand
Premier progresses Zulu plant optimisation
8th August 2025 By: Marleny Arnoldi

London-listed Premier African Minerals says the commissioning of a second phase of the Zimbabwe-based Zulu lithium and tantalum project’s processing plant is progressing on schedule, including... 


Finsch mine
Petra announces notes, debt refinancing and lower yearly revenue
8th August 2025 By: Marleny Arnoldi

London-listed Petra Diamonds has advised of a refinancing endeavour it aims to have completed before the end of the year. The company has, over the past 18 months, been focused on internal... 


loading and hauling as Isibonelo mine
Thungela warns of lower interim earnings amid tough market conditions, restructuring costs
8th August 2025 By: Marleny Arnoldi

JSE-listed coal miner Thungela Resources has advised that both its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended June 30 will be between R7.42 and R8.12... 


Panelists provide deep insights into how Africa, and particularly South Africa, can capitalise on the global critical minerals race
Africa’s critical minerals moment about strategically charting a sustainable future for the continent
8th August 2025 By: Shannon de Ryhove

Africa’s wealth in critical minerals, such as cobalt, manganese, lithium and rare earth elements, offers a once-in-a-generation opportunity to pivot from raw commodity exporter to industrial power.... 


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27th August 2025

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