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How the Gulf Is Reshaping Africa
Time via Yahoo Finance· 4 weeks agoKhalid bin Saleh Al Mudaifer, Saudi Arabia's deputy minister for mining, speaks on the opening day of the Investing in African Mining Indaba in Cape...
Western miners lag as oil powers enter race for Africa's critical metals
Reuters via Yahoo Finance· 4 months agoRisk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of...
Squeezed mining companies face growth dilemma
Reuters via Yahoo Finance· 1 year agoHigh costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in response to...
Africa gears up to keep more of the profits from lithium boom
Reuters via Yahoo Finance· 1 year agoLithium-rich African countries, including Zimbabwe and Namibia, are trying to develop processing and refining industries to capture more of the profits of global demand for the battery material ...
UPDATE 1-South African rand weakens as U.S. dollar extends gains
Reuters via Yahoo Finance· 1 year agoSouth Africa's rand weakened on Monday, as the U.S. dollar jumped on expectations that the U.S. Federal Reserve might pursue its inflation-fighting interest rate hikes for longer. The markets ...
UPDATE 1-Anglo American explores for copper, cobalt in Zambia
Reuters via Yahoo Finance· 4 months agoAnglo American is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, its Chief Executive Officer Duncan Wanblad said on Monday. "Zambia's mining sector ...
Palladium price drops below platinum for the first time since 2018
Reuters via Yahoo Finance· 4 months agoSpot palladium prices fell below those of sister metal platinum for the first time since April 2018...
EMERGING MARKETS-Turkey's lira hits fresh low; Sino-U.S. tensions weigh on China shares
Reuters via Yahoo Finance· 1 year ago* U.S. fighter jet shoots down suspected Chinese spy balloon * Nigeria dollar bonds drop after S&P turns negative on outlook * Indian shares fall on Fed rate-hike fears, Adani stocks rout * ...
Zambia's mining minister expects Mopani Copper Mines deal by end-March
Reuters via Yahoo Finance· 1 year agoMopani Copper Mines will secure a new investor by the end of this quarter, Zambia's mines minister Paul Kabuswe said on Monday, calling the complex owned by state mining investment firm ZCCM-IH ...
Billionaire-backed KoBold says open to partners as it plans $2 bln Zambian copper mine
Reuters via Yahoo Finance· 4 months agoKoBold Metals, a California-based metals exploration company backed by billionaires Bill Gates and Jeff Bezos, said it may consider partnerships as it plans to fast-track development of a new ...