Latest News Mineral resources

Logistics

08/03/2022 at 18h41, by Africa Business+

Lack of adequate logistics limits Exxaro EU coal exports

The South African mining giant has the capacity to deliver 230,000 tonnes of coal to Europe in 2022,...

Mines

07/03/2022 at 16h34, by Africa Business+

Robert Friedland’s Ivanhoe Kipushi mine hits home stretch

Ivanhoe Mines juste filed an independent feasibility study and a new NI 43-101 report for the Kipushi...

Mines

04/03/2022 at 17h07, by Africa Business+

Tasiast fire : Kinross recovers insurance money ahead of 600,000 oz production target this year

With a market capitalisation of $7 billion and operations on four continents, the global gold giant...

Mines

02/03/2022 at 17h54, by Africa Business+

At the helm of Managem, Imad Toumi to invest nearly €190 million in 2022

Africa Business+ has learned that the Moroccan mining giant, which is finalising a bond issue on the...

Energy

02/03/2022 at 17h51, by Africa Business+

DR Congo SNEL completes $375 million financing with Glencore

In return for repayments in kind, the state-owned power group has received the final tranche of funding...

Advisory

02/03/2022 at 16h27, by Africa Business+

Congolese advisors in the Gécamines versus China Molybdenum’s Tenke Fungurume Mining dispute

The Congolese copper and cobalt company recently obtained provisional management of the mine through...

Logistics

01/03/2022 at 17h40, by Africa Business+

At Comilog, Léod-Paul Batolo plans in house financing of additional €50 million capex for 2022

The subsidiary of the Eramet mining group plans to increase its spending to €200 million in 2022 to...

Mines

18/02/2022 at 16h51, by Africa Business+

Mopani Mine: Zambia’s debt to Glencore reduced to $900m

The Zambian government committed to paying $1.5 billion when it bought the Mopani copper mine on credit...

Mines

17/02/2022 at 15h19, by Africa Business+

First Quantum Minerals targets $3 billion debt reduction

The world’s sixth-largest copper producer, which operates several mines in Zambia and Mauritania, recorded...

Oil & Gas

10/02/2022 at 17h00, by Africa Business+

Patrick Pouyanné: “No pressure to end ‘force majeure’ in Mozambique”

The CEO of TotalEnergies said that the group would reactivate financing from lenders for Mozambique...

Mines

09/02/2022 at 18h28, by Africa Business+

Orano Mining investigates costs of In Situ Recovery operations at Imouraren in Niger

The Imouraren mine project, which was shelved in the mid-2010s due to the low price of uranium, is attracting...

Bank

09/02/2022 at 18h26, by Africa Business+

Lake Albert: Standard Bank to decide on EACOP pipeline financing this quarter

The financing of this essential infrastructure for the oil project remains to be determined as the final...

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