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Africa

FQM's Kansanshi mine, in Zambia
FQM lists requirements for Zambia to reach 3Mt copper ambition
13th October 2025 By: Marleny Arnoldi

TSX-listed copper, nickel and gold producer First Quantum Minerals (FQM) has shared its bold vision for helping Zambia reach production of three-million tonnes of copper a year by 2032. To produce... 


MC Mining appoints new nonexecutive director
13th October 2025 By: Sabrina Jardim

Coal miner MC Mining has appointed Jianheng Deng as nonexecutive director, effective October 15, following the resignation of Brian He Zhen. Following MC Mining’s continued positive progress in... 


BofA hikes gold price forecast to $5 000/oz for 2026
BofA hikes gold price forecast to $5 000/oz for 2026
13th October 2025 By: Reuters

Bank of America Global Research on Monday raised its price forecasts for precious metals, lifting its 2026 outlook for gold to $5 000 an ounce, with an average of around $4 400. Gold surged above... 


Thor Explorations president and CEO Segun Lawson
Thor Explorations reports continued positive drilling results from Côte d’Ivoire project
13th October 2025 By: Sabrina Jardim

Aim- and TSX-V-listed Thor Explorations has completed 4 604 m of reverse circulation (RC) drilling during a maiden drilling campaign at its 100%-owned Guitry gold project, in Côte d’Ivoire, with... 


Tulu Kapi planned site layout
Kefi expects $240m debt capital agreement to be signed within days
13th October 2025 By: Marleny Arnoldi

Aim-listed Kefi Copper and Gold expects a $240-million debt capital offering towards its Tulu Kapi project, in Ethiopia, to be signed this week. The financing had been put on hold following a... 


AngloGold's Siguiri mine in Guinea
Guinea charges 60 over deadly gold mine riot
13th October 2025 By: Reuters

Guinea has charged 60 people with arson, theft and murder after a deadly riot at the privately-owned Weily Mining firm in the northeastern gold-producing Siguiri region, prosecutors said on Friday.... 


Altona undertakes fundraise to repay debt
13th October 2025 By: Tasneem Bulbulia

London-listed Altona Rare Earths has raised a further £600 000 through the transfer and subsequent exercise of 40-million warrants, with the net proceeds to be used to repay outstanding debt of... 


Astec South Africa CTO Michael Anderson
Astec South Africa outlines enhanced value for customers
13th October 2025 By: Creamer Media Reporter

Global leader in equipment and solutions for the infrastructure, mining and aggregate industries, Astec Industries has a strong presence in Africa and the Middle East. Astec South Africa is... 


Chance to up diamond strength.
Major opportunity for the diamond business to return to old strengths, says luminary
13th October 2025 By: Martin Creamer

Botswana is seeking a greater interest in De Beers, and Angola is seeking an interest too. To the mind of diamond luminary Martyn Charles Marriott, this could be an opportunity to return to old... 


Cobalt
Congo to revoke cobalt quotas for companies that fail to export full volume
13th October 2025 By: Reuters

The Democratic Republic of Congo will revoke cobalt export quotas from companies that fail to export allocated volumes, breach environmental or tax rules, or transfer quotas to third parties, its... 


Major uplift for South Africa-European Union Just Energy Transition Partnership.
European Union elevates South Africa’s R105bn green hydrogen project to new high
10th October 2025 By: Martin Creamer

European Commission President Ursula von der Leyen elevated South Africa’s R105-billion Nelson Mandela Bay green-hydrogen-to-green-ammonia project to a new high when she singled it out for special... 


An image of Longonjo mine
Pensana, local partner complete initial drilling programme of Coola carbonatite in Angola
10th October 2025 By: Tasneem Bulbulia

London-listed Pensana has completed an initial drilling programme on the Coola carbonatite, located about 30 km north of the company’s flagship Longonjo rare earth project in central Angola.... 


Polished diamonds
Botswana enforces new 24% local ownership rule for mines
10th October 2025 By: Reuters

Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry said on... 


Thungela CEO Moses Madondo
Thungela CEO reflects on importance of coal in the global energy mix
10th October 2025 By: Sabrina Jardim

Despite a global transition towards more renewable sources of energy, coal remains important in the global energy landscape, with global coal demand having reached about 8.8-billion tons in 2024.... 


An image of gold samples from Akobo
Akobo achieves positive earnings in September quarter
10th October 2025 By: Tasneem Bulbulia

Scandinavia-based but Ethiopia-focused gold producer Akobo Minerals’ total doré gold production for the third quarter reached about 21.5 kg, while the company achieved its first positive earnings... 


An image of South African President Cyril Ramaphosa and European Commission President Ursula von der Leyen
Team Europe commits investment package of €11.5bn to South Africa
10th October 2025 By: Tasneem Bulbulia

South African President Cyril Ramaphosa and European Commission President Ursula von der Leyen on October 9 unveiled a Team Europe investment package worth nearly €12-billion, at the Global Gateway... 


Zambia's mining cadastre system
New mining cadastre registers first 37 rightholders in Western Cape
10th October 2025 By: Marleny Arnoldi

South Africa’s mining cadastre is taking shape, with 37 rightholders having registered with the system in the Western Cape as part of its Phase 1 rollout, Department of Mineral and Petroleum... 


Toubani secures A$395m funding to build next West African gold producer
10th October 2025 By: Mariaan Webb

ASX-listed Toubani Resources on Friday announced what it described as a "company-defining" A$395-million funding package to fully finance the construction of its flagship Kobada gold project in... 


A gold nugget on dollar bills
Gold's record run creates new rulebooks for investors
10th October 2025 By: Reuters

Investors are testing well-established views about gold, which is surging to new records, as an AI-driven stocks rally and red-hot bitcoin force a rethink of what's driving one of the world's... 


An image of the Sibanye-Stillwater logo
PIC raises shareholding in Sibanye-Stillwater to above 20%
10th October 2025 By: Tasneem Bulbulia

South African State-owned asset management firm the Public Investment Corporation (PIC) has, in aggregate, acquired a further interest in the ordinary shares of multinational miner... 


Anglo backs SA juniors, mining transformation, Glencore's green deal
Anglo backs SA juniors, mining transformation, Glencore's green deal
10th October 2025

Mining Weekly Editor Martin Creamer discusses Anglo American's commitment to invest R600-million in South Africa’s junior exploration fund as part of the Anglo Teck deal; mining growth and... 


Australia's Firefinch abandoned Morila in 2022.
US-based Flagship Gold signs deal to revive Mali's Morila mine
10th October 2025 By: Reuters

New York-based Flagship Gold Corp has signed a partnership agreement with Mali's state-owned miner to restart production at the Morila gold mine, the first US investment under the military-led... 


Magazine cover images
Valterra Platinum already exploring Mogalakwena’s underground potential
10th October 2025 By: Natasha Odendaal

In the wake of separating its assets from former parent company Anglo American, platinum group metals (PGMs) mining company Valterra Platinum is setting the stage to further develop one of its most... 


woman's hand placing diamond on small pedestal
DBCM calls on diamond industry to back Luanda Accord
9th October 2025 By: Darren Parker

Diamond producer De Beers Consolidated Mines (DBCM) chairperson Barend Petersen has urged the South African diamond industry to support the Luanda Accord, a new initiative requiring diamond... 


Exxaro Resources CEO Ben Magara
Magara reflects on return as Exxaro CEO, discusses diversification strategy
9th October 2025 By: Sabrina Jardim

Reflecting on his return as CEO of Exxaro Resources, Ben Magara discussed the group’s diversification strategy at this year’s Joburg Indaba, highlighting the “next dawn” at the company. In a... 


Raw copper
Copper hits $11 000/t for first time since May 2024
9th October 2025 By: Reuters

Copper prices hit $11 000 per metric ton on Thursday, a level not seen in over 16 months, as widespread disruption at mines sparks fears of a shortage of supply and attracts speculative inflows.... 


Menar MD Vuslat Bayoglu.
South Africa urged to revive ferroalloy smelters, replace ideology with pragmatism
9th October 2025 By: Martin Creamer

At this week’s Joburg Indaba, South Africa was urged to get its many idled ferroalloy smelters working again and to replace ideology with pragmatism in mining. Menar MD Vuslat Bayoglu called on... 


Transnet CEO Michelle Phillips
Transnet confirms attachment order for parts required to return CRRC locomotives to service
9th October 2025 By: Terence Creamer

Transnet CEO Michelle Phillips has expressed optimism that some locomotives that have been standing idle for years amid a long-running dispute with the China Railway Rolling Stock Corporation... 


Feriel Zerouki
Zerouki resigns as De Beers chief trade, industry officer
9th October 2025 By: Creamer Media Reporter

Feriel Zerouki will step down as De Beers chief trade and industry officer and member of the executive committee at the end of October. She joined De Beers in 2005 and has played a central role in... 


A gold bar produced in the DRC
Congo to start building gold reserves as price surges, central bank governor says
9th October 2025 By: Reuters

The Democratic Republic of Congo will start building gold reserves to bolster its currency and lift its economy, the central bank governor said, joining a rush in Africa and elsewhere to stockpile... 


Gold ingots
South African gold producers see bright future amid soaring prices
9th October 2025 By: Darren Parker

With the gold price having surged above $4 000/oz for the first time ever on October 8, South African gold producers are becoming bullish about their prospects in a sector that has been described... 


A copper mine owned by First Quantum Minerals
Zambia’s record copper mining output meets a red-hot market
9th October 2025 By: Bloomberg

Zambia is poised for record copper production this year, bolstering its standing as a key global supplier just as prices surge and demand is set to grow. A wave of accidents and disruptions at... 


Southern Palladium executive chairperson Roger Baxter
Exploration-driven mining revival would reignite industrialisation
9th October 2025 By: Terence Creamer

Rather than focusing narrowly on minerals beneficiation, South African policymakers have been urged to pay much closer attention to reigniting and expanding the market for the country’s already... 


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