Mining
Every story we have published on Mining.
Africa critical minerals map 2026
Africa holds a disproportionate share of the world’s critical minerals including cobalt, lithium, copper, platinum, gold, bauxite and niobium. This guide maps Africa’s critical minerals by country, covering reserves,…
Angola and DRC build Africa’s biggest power interconnection
Angola and the DRC are advancing a $1.5 billion, 1,450-kilometre power transmission line to export 2,000 megawatts of surplus Angolan hydropower to…
Zambia cuts rates to two-year low
The Bank of Zambia cut its Monetary Policy Rate by 25 basis points to 13.25% at its May 2026 meeting, bringing borrowing costs to their lowest since…
Rawbank posts $232m profit as DRC eyes investment banking
Rawbank, the DRC’s largest commercial bank, posted $232 million in profit and announced a regional investment banking push, positioning itself as…
Pan African Resources pays $219m for Australia’s top gold district
Pan African Resources is acquiring Emmerson Resources for $219 million to take full control of Australia’s richest gold district, making the…
US invites Kenya to lead Africa minerals trade zone
The US has invited Kenya to lead a preferential critical minerals trade zone as East Africa’s AI market grows rapidly, with analysts warning that…
Zungu and ex-Glencore trader take Ambatovy
Sumitomo is paying $418 million to exit Madagascar’s Ambatovy nickel mine after $2.6 billion in cumulative losses over twenty years, handing control…
Tanzania signs deal to become world’s 4th niobium producer
Tanzania signed a $300 million niobium mining agreement with US-backed Panda Hill Tanzania Limited on March 24, targeting 100,000 tonnes per year of…
Mozambique signs $537m US compact that survived Trump cuts
Mozambique signed a $537.5 million MCC Compact II with the US on April 30 covering coastal resilience, rural transport and Nacala Corridor access…
AFC lines up $3-5bn for Lobito corridor rail build
The Africa Finance Corporation is assembling a $3 to $5 billion financing coalition including Citi, Standard Bank, Absa and Ecobank for the Lobito…
Zimbabwe ships Africa’s first lithium sulphate
Zimbabwe shipped Africa’s first-ever lithium sulphate consignment on April 28 from the Arcadia mine, produced at Zhejiang Huayou Cobalt’s $400…
NUM strikes at Implats in union recognition battle
About 1,800 NUM members are on indefinite strike at Impala Platinum’s No.1 Shaft in Rustenburg after the union exceeded the 40% recognition…
ARM signs Boliden nickel deal to restart Nkomati
African Rainbow Minerals has signed a conditional nickel concentrate offtake deal with Sweden’s Boliden to supply its Harjavalta smelter in Finland,…
DRC raises $1.25bn in debut eurobond
The DRC raised $1.25 billion in its debut international sovereign bond on April 9, the first Sub-Saharan African debut eurobond since 2019,…
Nigeria signs $1.3bn alumina refinery deal
Nigeria’s Solid Minerals Development Fund and the Africa Finance Corporation signed a $1.3 billion MOU in March covering an alumina refinery…
US backs Phalaborwa despite SA diplomatic rift
The US DFC has committed $50 million to South Africa’s Phalaborwa Rare Earths Project despite Trump’s aid freeze on Pretoria, prioritising critical…
DRC to overtake Ethiopia as Africa’s 5th economy
The IMF forecasts the DRC’s GDP reaching $123 billion in 2026, edging past Ethiopia’s $122 billion to become Sub-Saharan Africa’s fifth-largest…
DRC raises US copper sales fivefold to 500,000 tonnes
The DRC has raised planned copper sales to the US fivefold to 500,000 tonnes through state miner Gécamines and Mercuria Energy Group, backed by the…
DRC creates state cobalt reserve for 9,600 tonnes
The DRC has created a state strategic reserve for cobalt, coltan and germanium under a decree signed April 10, giving regulator ARECOMS authority to…