South32 Limited has issued an update regarding its Mozal Aluminium operations in Mozambique, as the company continues to navigate an evolving situation in the region. While the safety and wellbeing of its workforce remain a priority, the company confirmed that there have been no security incidents at the smelter. Recent road blockages in Mozambique have...
READ MORENamibia’s Ministry of Mines and Energy is investigating Xinfeng Investments (Pty) Ltd. for alleged unauthorized mining activities in the lithium-rich Erongo region. The ministry accuses the company, which holds an exclusive prospecting license through a joint venture with Orange River Exploration and Mining CC, of exceeding its permit scope by conducting unapproved lithium extraction. An...
READ MOREFranco-Nevada Corporation has entered into a $500 million precious metals streaming agreement with Sibanye-Stillwater, securing a stake in production from key mining operations in South Africa. The deal will provide Franco-Nevada with a stable supply of gold and platinum from the Marikana, Rustenburg, and Kroondal operations, located on the Bushveld Complex’s Western Limb. Sibanye-Stillwater’s Western...
READ MOREGanfeng Lithium Group has commenced production at the first phase of its Goulamina spodumene project in southern Mali. The project, one of Africa’s largest lithium mines, has an annual production capacity of 506,000 tons of lithium concentrate. Situated on a 100-square-kilometer site, the Goulamina project boasts a total explored ore resource of 211 million tons,...
READ MOREThe acquisition of Khoemacau Copper Mining by MMG has opened doors to realizing the full potential of this resource-rich project in Botswana. MMG, a global mining company with operations across four continents, brings the financial backing and technical expertise needed to drive growth and transformation. Logic Sebopeng, General Manager of the mine, described the acquisition...
READ MOREMarula Mining has announced that mining operations at its Blesberg Lithium and Tantalum Mine in South Africa will transition to a contract mining basis starting February 2025. This decision follows a successful competitive tender process that concluded over the past three months, with the selected mining contractor expected to mobilize in early 2025. The shift...
READ MOREThe United States is making significant investments in the Lobito rail corridor, which links Angola’s Atlantic coast to the Democratic Republic of Congo (DRC) and Zambia. The aim is to secure access to critical minerals like copper and cobalt, which are essential for electric vehicles and the broader energy transition away from fossil fuels. Revitalized...
READ MOREAccording to data from the International Aluminium Institute (IAI), Africa’s primary aluminium production saw a modest recovery in October 2024, increasing by 3,000 tonnes or 2.24% month-on-month (M-o-M). The production volume for October stood at 137,000 tonnes, up from 134,000 tonnes in September. Despite the gains, there was an average daily output shortfall of 100...
READ MOREMadagascar’s Ambatovy nickel project companies are expected to complete their debt restructuring in early December, according to a statement by Sumitomo Corp, the project’s major shareholder. Sumitomo, which holds a 54.2% stake in the Ambatovy companies—Ambatovy Minerals and Dynatec Madagascar—said it is still assessing all options for the project’s future. The remaining stake in the...
READ MOREMalawian company Akatswiri Mineral Resources (Akatswiri) has completed a feasibility study for an $820 million aluminium production project in the southern African nation, according to a report by the Nyasa Times. The study, published on November 24, indicates that bauxite—the primary raw material for aluminium production—has been found at two sites in a mountainous region...
READ MOREArrow Minerals, an Australian mining junior, has confirmed promising bauxite mineralization results at its Niagara Bauxite Project in Guinea, following the first phase of drilling launched earlier this year. Guinea, home to the world’s third-largest bauxite reserves, presents a significant opportunity for Arrow as it aims to establish a substantial deposit at the project site....
READ MOREOn Sunday, President Félix Antoine Tshisekedi inaugurated the Kico mining plant in Kipushi, reopening the site after over three decades. The revitalization is a joint venture between Ivanhoe Mines and Gécamines, aiming to produce 100,000 to 140,000 tonnes of high-grade crude zinc annually. The restart is expected to generate jobs and support infrastructure improvements, benefiting...
READ MOREAfter a year of declining lithium prices due to a surplus market, some analysts are optimistic that the market will recover by 2030. For African nations, keeping development on schedule will be critical as they look to capitalize on the anticipated resurgence. Countries such as Zimbabwe, Nigeria, and others are positioning themselves to increase lithium...
READ MOREPort Said for Engineering Works, a subsidiary of the Suez Canal Authority, has announced plans to construct an $80 million aluminum foil factory in the Suez Canal Economic Zone (SCZone) in partnership with an undisclosed Chinese investor, according to Al Borsa. The feasibility studies for the project have recently been approved, and construction is expected...
READ MOREChina Nonferrous Mining Corporation (CNMC) has committed to investing over $1.5 billion in Zambia to boost copper production, as part of a broader effort to support the country in reaching its goal of 3 million tonnes of copper output annually by 2031. Projects under this investment include the redevelopment of Shaft 28 in Luanshya and...
READ MOREThe Deposit and Management Fund (CDG) and Gotion High-Tech group have signed a memorandum of understanding (MoU) to support the electric battery gigafactory currently under development in Kenitra, Morocco. The MoU was signed on Wednesday in Hefei, China, by CDG’s CEO Khalid Safir and Gotion High-Tech’s Chairman Li Zhen. According to a press release from...
READ MOREChina has announced plans to inject up to $5 billion into Zambia’s mining industry by 2031, with the goal of boosting copper and cobalt production. The investments will be facilitated through a newly established entity, the Chinese Mining Enterprise Association in Zambia, as stated by the Zambian government on November 13, 2024. The Chinese government,...
READ MORENigeria has signed a $1.2 billion contract with the Chinese state-owned engineering firm China National Chemical Engineering Corporation (CNCEC) to overhaul a gas processing plant that is crucial for the country’s aluminium production, according to the Petroleum Ministry. The agreement marks the initial move towards reviving the long-dormant Aluminum Smelter Company of Nigeria (ALSCON), which...
READ MOREPresident Hakainde Hichilema has announced that Anglo American Corporation is re-entering Zambia’s mining sector, marking the company’s return after nearly two decades away. This move is expected to bolster Zambia’s ambitious target of tripling copper production to 3 million tonnes annually by 2031. Achieving this target is a key component of the government’s broader strategy...
READ MOREThe federal government of Nigeria oversaw the signing of an agreement between BFI Group and China National Chemical Engineering Corporation (CNCEC) for the restarting of the Aluminum Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State. This event follows a series of discussions held between Minister of State for Petroleum Resources (Gas), Ekperikpe...
READ MOREJubilee Metals has begun its 2025 financial year on a positive note, reporting strong operational results for the first quarter, driven by organic growth in its South African operations and key milestones in its Zambian copper expansion. The diversified metals miner highlighted increased production at its South African chrome and platinum group metals (PGM) mines,...
READ MORERussia has proposed resource cooperation in the management of subsurface resources to African countries, Russian Natural Resources Minister Alexander Kozlov announced at the Russia-Africa Partnership Forum in Sochi. The proposal aims to strengthen collaboration in mineral exploration, leveraging Russia’s expertise and extensive mineral reserves to assist African nations in tapping into their own resources. Minister...
READ MOREArrow Minerals has announced significant progress in its drilling program at the Niagara bauxite project in Guinea, currently ahead of schedule. The Australian-based company has completed 86 out of a planned 150 drill holes, with the drilling phase now expected to conclude in late November 2024, earlier than initially projected. The first set of results...
READ MOREIvanhoe Mines announced that its Kamoa-Kakula copper complex in the Democratic Republic of Congo achieved record monthly production of 41,800 tonnes of copper concentrate in October, along with a combined milling record of 1.2 million tonnes for the month. Copper concentrate production for the year reached 345,042 tonnes as of October 31, representing 79% of...
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