Africa’s second-largest copper producer and UAE mining giant chase bigger deals after $1.1 billion Mopani investment
The companies said they remained committed to the long-term development of Mopani Copper Mines, where IRH holds a 51% stake, and ZCCM-IH owns the remaining 49%
Africa’s top oil producer admits crude supply limits behind Dangote’s imports as the continent’s largest refinery expands
The minister said the government could not currently allocate 700,000 barrels a day to the refinery, despite efforts to and release barrels tied to existing commitments
World’s largest cobalt producer spends billions on diesel. A $300 million project in Congo could save them $1 billion a year
The project comes as persistent power shortages continue to constrain mining expansion, processing and investment in Congo and neighbouring Zambia. is the world’s largest cobalt producer and second-largest copper producer, while Zambia ranks second in Africa for copper production
Africa’s top cobalt producer moves closer to launching its first stock exchange after $1.25billion Eurobond debut
The Central African nation has signed a cooperation agreement with the International Finance Corporation (IFC), the private-sector arm of the World Bank Group, to support the creation of the Kinshasa Stock Exchange (KSE), a project that would give Congolese companies a formal platform to raise capital while opening a new frontier market to investors
Africa’s second-largest uranium producer doubles its stake in project to 40% as it settles dispute with Australian miner
Under a new agreement signed with Niger’s Mines Ministry, Atomic Eagle will retain a 60% stake and remain responsible for operational oversight of the project, down from its previous 80% interest
Africa’s fifth-largest gold producer loses key European market as EU sanctions hit $12.7 billion industry
The ban, which took effect on September 10, brings Switzerland into line with European Union sanctions introduced in July and covers Sudanese gold shipped directly from the country or routed through third countries