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Tag: Africa mining news

Gold buying prices per gram in Zimbabwe today, 11 April 2025, from the official gold buyer and exporter Fidelity Gold Refinery (FGR).SG 90% and ABOVE US$95.49/g. SG ABOVE 89% BUT BELOW 90% US$94.48/g. SG ABOVE 80% BUT BELOW...
The Zimbabwe Miners Federation (ZMF) is calling on local banks to employ mining professionals, such as geologists and industry experts, to create specialized desks aimed at improving small-scale miners’ access to crucial financial resources. By Ryan Chigoche Tafi...

Crackdown on smuggling revives Tanzania gold industry

Tanzania’s gold-mining industry is showing signs of a renaissance following a crackdown on smuggling and the settlement of a long-running dispute with Barrick Gold...

Endeavour restarts Boungou mine in Burkina Faso

Canada’s Endeavour Mining (TSX:EDV), West Africa’s top gold producer, has resumed operations at its Boungou mine in Burkina Faso, about a year after previous owner Semafo decided...

Nigeria pins hopes on first gold project to boost mining sector

Nigeria’s first industrial gold project is on course to enter production next year, and its success will be crucial for boosting mining in Africa’s...

Teranga increases Golden Hill resource estimate

Teranga Gold (TSX: TGZ) has increased the mineral resource estimate for its Golden Hill project in southwest Burkina Faso after incorporating results from its latest drill...

Gemfields steps up efforts to tap Chinese Gemstone market

Precious gemstones miner Gemfields (LON: GEM) is stepping up efforts to market its emeralds and rubies in China after a report highlighted the “huge potential” for ethically sourced...

South Africa’s power cuts weigh on miners’ investment decisions

Increasing disruptions to power supply from South Africa’s struggling utility Eskom could hit mining companies plans to invest, two top industry executives warned on Wednesday.“I think...

Resolute Mining scraps 2020 targets on Mali strike threat

Australia’s Resolute Mining (ASX, LON: RSG)  on Wednesday withdrew its production and costs guidance for 2020 after unionized workers at its Syama gold mine in Mali...

Petra Diamonds accused of human rights abuses in Tanzania

Struggling Petra Diamonds, which put itself up for sale in June, is facing allegations of human rights abuses at its Williamson mine in Tanzania...

Definitive feasibility study for Kakula confirms giant mine

Canada’s Ivanhoe Mines  published on Tuesday the results of an independent definitive feasibility study (DFS) for its Kakula project in the Democratic Republic of...

Tesla joins cobalt group supporting artisanal Congo miners

Tesla Inc. is backing a new initiative to support informal cobalt miners in the Democratic Republic of Congo as carmakers and miners seek to...

Egypt in talks over plan to sell power to Europe and Africa

Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of cheap renewable energy in...

Implats earnings up nearly 400% on weak rand, costly metal

South Africa’s Impala Platinum’s (Implats) annual earnings jumped by nearly 400% after higher metal prices and a weaker rand offset the impact of the...

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