Bringing you the latest news in mining from across Africa

Gold fundamentals remain sturdy, as well as gold mining assets like the Sprott Gold Miners ETF. However, the recent struggles for the asset class could be an opportunity for investors to capitalise on stout fundamentals. Continue reading.

Diamond miner De Beers’ Venetia mine, in partnership with contracting partner BMH Africa, on April 23 launched a programme to develop skills in the construction industry and ultimately enhance the local skills base. Continue reading.

BMEX Gold announces the appointment of Christopher Wild as Chief Geologist. He will be overseeing the company's exploration program which is focused on the King tut Property and the Dunlop Bay Property both located in the Abitibi Greenstone Belt in Quebec, reports Junior Mining Market.

Nedbank Group Ltd has committed 50 billion rand ($3.5 billion) to renewable energy projects like the South African lender forges ahead with plans to retreat from fossil-fuel financing. Continue reading.

Kitco has ranked the top biggest gold mines in Africa based on reported production in 2020. Explore the report.

Anglo American sets up a new JSE-listed coal miner, spinning its South African coal assets into a new company called Thungela Resources. Injecting R2.5 billion in the entity to give it a good financial head start, and intervene by propping up the revenue the company gets if the coal price falls below $80/tonne. Continue reading.

Mining companies awarded blocks in Egypt's Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks to eventually unlock vast untapped mineral resources. Continue reading.

Global drones-as-a-service provider Delta Drone International has expanded its contract remit with one of the world’s largest gold mining companies in Ghana. Continue reading.

KORE Mining advances exploration drill permitting at Imperial Gold Project. The proposed drill program consists of over 150 drill pads, including new discovery targets on the Mesquite-Imperial-Picacho district. Continue reading.

Chase Mining's (CML) investment interest, Red Fox, has commenced mining operations at the Gipsy Creek project in North West Queensland. Continue reading.

According to Reuters, Australian shares were subdued on Monday as losses in gold miners and technology stocks were offset by gains in banks and miners that rose after iron ore prices firmed.

Fortuna shares fall on an $884 mln deal for West Africa-focused Roxgold. The deal will further consolidate a fragmented gold sector and the latest in West Africa. Continue reading.

Ivanhoe Mines has signed a memorandum of understanding (MOU) in a public-private partnership with the DRC’s state-owned power company La Société Nationale d'Electricité (SNEL) to upgrade a major turbine (#5) at the existing Inga II hydropower facility on the Congo River. Continue reading.

South32’s difficult exit from its thermal coal business in South Africa drags on, with final approvals for a sale to Seriti Resources still outstanding. Continue reading.

As reported by Engineering News, preceded by exploration, is the greatest economic multiplier of all business activities, including government expenditure, says Integral Asset Management chief investment officer Bruce Williamson.

Glencore has reportedly agreed to acquire insolvent Germany-based lead producer Weser-Metall for an undisclosed sum. Continue reading.

Retired NBA player Dikembe Mutombo’s investment firm, Bluetech, alongside international partners, has announced plans to invest $1 billion in ethical cobalt mining projects in the Democratic Republic of Congo (DRC). Continue reading.

Last week we announced the expansion of the 2022 Advisory Board, designed specifically to represent the voice of the African mining and link industry leaders together. Click here to see all the new board members.