
Aterian, a London-listed critical-minerals explorer, and Rio Tinto, the world’s second-largest miner, have reported high-grade lithium hits at their Kinunga joint-venture project in Rwanda, including 3.2 % Li over 3.5 m and 2.1 % Li over 6.9 m. The results, from the first two of 12 planned targets, prompted Rio Tinto to exercise a Stage-1...
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Uganda’s Ministry of Energy and Mineral Development, led by Minister Ruth Nankabirwa, has launched comprehensive reforms to the country’s mineral licensing system aimed at addressing bureaucratic bottlenecks and transparency issues that have constrained investor confidence in the East African nation’s mining sector. The initiative, supported by a €6.2 million ($6.6 million) European Union and German...
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Chinese mining companies have intensified investments across Africa’s copper-producing regions as Western nations implement restrictions on Chinese access to critical mineral assets, with the Democratic Republic of Congo emerging as the world’s second-largest copper producer through predominantly Chinese-backed operations. The strategic shift reflects China’s efforts to secure copper supplies essential for renewable energy infrastructure and...
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Nigeria has unveiled plans to construct what officials describe as Africa’s largest rare earth processing facility alongside four lithium processing plants, representing over $1.4 billion in announced investments as the West African nation attempts to transform its artisanal mining sector into industrial-scale operations. The initiative includes a $600 million lithium plant spanning Kaduna and Niger...
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Shuka Minerals, a UK-based mining company with a secondary listing on the JSE, has completed regulatory approvals to acquire Leopard Exploration and Mining, which controls the historic Kabwe Zinc Mine in central Zambia. The transaction, valued at $4.35 million through a combination of 28.6 million shares and $1.35 million cash, represents a significant gamble on...
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Shengde Precious Metal Resources, a Chinese-backed mining company operating in Tanzania, has completed construction of the country’s first copper refinery in Nala, Dodoma Region, with commercial production scheduled to begin in July 2025. The facility represents Tanzania’s entry into domestic copper processing as the government implements a mandate requiring all copper mined within the country...
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Mopani Copper Mines (MCM) is advancing underground infrastructure projects aimed at unlocking 8.5 million tonnes of copper ore over the next four to five years, as part of efforts to significantly raise copper cathode production. CEO Charles Sakanya stated that the company’s goal is to double cathode output to more than 500,000 tonnes within 10...
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Valterra Platinum, formerly Anglo American Platinum, began trading as an independent company on the Johannesburg Stock Exchange on Wednesday, finalizing its separation from parent Anglo American. The debut marks the completion of a major restructuring move by Anglo, which is shifting its focus to copper and iron ore after fending off a $49 billion takeover...
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Nigeria is set to commission two large lithium processing plants this year, marking a major step away from exporting raw minerals and toward building value within the country. Mining Minister Dele Alake announced that a $600 million lithium processing facility near the Kaduna-Niger border will be commissioned this quarter, while a $200 million refinery near...
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Facing higher tariffs and trade barriers in the United States and European Union, Chinese electric vehicle (EV) manufacturers are rapidly pivoting their international strategy toward Africa and other emerging markets. This shift is marked by a surge in Chinese-backed EV and battery plants, flagship model launches, and expanding local assembly operations across the continent. In...
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The government of Guinea has initiated the process of withdrawing Emirates Global Aluminium’s (EGA) mining licence, escalating a dispute over customs duties that began in October 2024. The move follows the suspension of EGA’s bauxite exports and mining operations in the country. According to sources cited by Reuters, Guinea has officially notified EGA of the...
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Zambia’s copper sector posted a robust start to 2025, with production rising about 30% year-on-year in the first quarter, according to Mines Minister Paul Kabuswe. Output reached approximately 224,000 metric tons between January and March, up from around 173,000 metric tons during the same period in 2024. The increase was largely attributed to higher production...
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Marula Mining has entered into a binding agreement to acquire up to a 70% interest in the highly prospective Boteti Lithium Brines Project, located in Botswana’s Makgadikgadi Desert Salt Pan. This project, covering 188,140 hectares, is recognized for its significant mineral potential, including lithium and potash, and has been designated the ‘Makgadikgadi Lithium Zone’ by...
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Vedanta Resources is considering an initial public offering in the United States for its Zambian subsidiary, Konkola Copper Mines (KCM), with the aim of raising approximately $1 billion. The company has appointed Barclays and Citigroup as financial advisors for the potential listing, though discussions remain in the early stages and no timeline has been set....
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Glencore has reaffirmed its full-year 2025 production guidance despite reporting lower copper output in the first quarter. Copper production fell by 30% year-over-year to 167,900 tonnes, largely due to lower mining rates and ore grades at its Collahuasi and Antapaccay operations, along with a feedstock transition at KCC. CEO Gary Nagle said copper production would...
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Implats has reported a 6% decrease in 6E Group production for the quarter ended 31 March 2025, with output totaling 780,000 ounces, compared to 827,000 ounces during the same period last year. The decline was largely driven by operational challenges, including the impact of required maintenance at South African smelters and constrained mining fleet availability...
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First Quantum Minerals reported that construction of the Kansanshi S3 expansion project in Zambia reached 83% completion by the end of the first quarter of 2025. The company confirmed that 20% of systems have already been handed over for commissioning, with first production on track for the second half of the year. Commissioning activities have...
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Vedanta Resources is evaluating a public listing in the United States for its Zambian subsidiary, Konkola Copper Mines (KCM), as one of several options to secure approximately $1 billion for mine development. The company has engaged Barclays and Citigroup as advisors for a potential initial public offering, with New York under consideration as a possible...
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Zijin Mining has completed the acquisition of the Akyem gold mine in Ghana, further cementing its status as a major global gold producer. The deal strengthens Zijin’s growing gold portfolio, which already includes key assets such as the Rosebel and Aurora mines, and supports the company’s goal of surpassing 100 tonnes of mined gold annually...
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Swiss mining group Glencore is facing a $4.7 billion revised tax bill from the Democratic Republic of Congo’s tax authority, according to a report published by Africa Intelligence on April 16. The assessment targets two of the company’s subsidiaries operating in the country: Kamoto Copper Company (KCC) and Mutanda Mining. The Congolese Directorate General of...
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Zambia has launched the Kitumba Mine Open-Pit Stripping Project in Mumbwa, a $600 million development expected to strengthen the country’s copper output and local economy. The project is designed to process 4.5 million tonnes of copper ore annually, yielding 50,000 tonnes of copper per year. It aligns with Zambia’s broader ambition to produce 3 million...
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Jubilee Metals Group has announced a partnership with a South African platinum group metals (PGM) producer to address the growing stockpile of PGM-bearing material at its operations. The agreement, revealed on April 9, 2025, will facilitate the processing of at least 18,000 tons of surplus material per month, with the potential to increase deliveries to...
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African Rainbow Minerals (ARM) has announced the removal of Thando Mkatshana as CEO of its struggling platinum division following eight years in the role. The leadership change comes after ARM Platinum reported a headline loss of R689 million ($37 million) for the six months ending December 2024, more than double the loss recorded during the...
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The Ghana Bauxite Company Limited (GBC) has announced plans to produce six million tonnes of bauxite by the end of 2025, backed by a substantial investment of $122.97 million aimed at upgrading infrastructure and operational efficiency. The company has acquired new equipment, including surface miners, haulage trucks, dump trucks, excavators, and retooled existing machinery to...
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