News
Gold Fields to handover Damang mine to government this April 2026
10+ hour, 50+ min ago (498+ words) Gold Fields has confirmed that preparations for the transition of the Damang Mine to the Government of Ghana are progressing steadily, in line with an agreement reached last year. The arrangement includes a 12-month mining lease extension granted to Gold…...
Tanzania signs agreement to advance the Panda Hill niobium project
14+ hour, 57+ min ago (310+ words) The signing was attended by the Treasury Registrar, Mr. Nehemiah Mchechu, and Minister of Minerals, Anthony Mavunde. Minister Mavunde said the project aligns with the Government's vision to increase value addition in the mining sector, moving beyond raw extraction toward…...
From Extraction to Management: Rewiring Africa’s economic engine
1+ day, 14+ hour ago (544+ words) We do not have a resource problem; we have a resource management problem. At the heart of this paradox lie two interconnected forces, what my colleagues and I call the "Terrible Twins." These are the relentless export of unprocessed natural…...
Metalex & Anzana join forces to advance the Lobito Corridor in Zambia
1+ week, 6+ day ago (397+ words) Metalex & Anzana join forces to advance the Lobito Corridor in Zambia'African Mining Market Metalex Commodities Inc. and Anzana Electric Group have signed a Memorandum of Understanding (MoU) launching a historic collaboration between the two American companies and advancing development of…...
KEFI seals final funding for Tulu Kapi
1+ mon, 2+ week ago (212+ words) KEFI Gold and Copper PLC has added a US$20 million "equity-ranking" gold royalty from Chancery Royalty to the funding stack for its Tulu Kapi Gold Project in Ethiopia, calling it a key final component of the project's US$340 million financing…...
SolarAfrica secures R1.5 billion to deliver more reliable, affordable power to South African businesses
1+ mon, 2+ week ago (378+ words) SolarAfrica has secured financial close on R1.5 billion to build SunCentral 2, the next 114 MW plant of its flagship utility-scale solar development in the Northern Cape. The new funding, provided by RMB and Investec Bank Limited, is another significant step in boosting…...
South Africa out of EU AML ‘high-risk’ list: Can capital costs fall next?
1+ mon, 2+ week ago (256+ words) David Barrett, Chief Executive Officer at EBC Financial Group (UK) Ltd., said, "This delisting is not a victory lap. It is a test of whether risk pricing catches up with reform. The next signal investors will watch is not a…...
Andrada moves the Brandberg West project from agreement into execution
1+ mon, 3+ week ago (746+ words) Andrada Mining has fulfilled the key conditions required to trigger a US$10 million (about N$190 million) initial investment from BWCAM Limited, formally moving the Brandberg West project from agreement into execution and unlocking near-term funding for development work in Namibia's…...
Afreximbank boosts Angola’s energy sector with a US$1.75 billion facility for Sonangol
1+ mon, 4+ week ago (321+ words) Afreximbank boosts Angola's energy sector with a US$1.75 billion facility for Sonangol'African Mining Market African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola's national oil company....
New partners appointed at SRK
1+ mon, 4+ week ago (251+ words) Based at the company's Durban office, King has more than 30 years of experience in areas including environmental management, impact assessments, management programmes, monitoring and auditing. She has also worked extensively in the field of licensing for waste, water and atmospheric…...