The battle for control of two major iron ore deposits in Cameroon has turned into a serious legal and financial fight involving international banks, local billionaires, and questions about fraud. …
Mining
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African EconomyBusinessInternational DisputesLegal AffairsMining
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BusinessEconomyInternational RelationsMiningNewsNigeriaTrade
Nigeria, Japan Move to Strengthen Mining Partnership at TICAD
Nigeria and Japan have opened fresh discussions aimed at building a stronger partnership in the mining industry, with both countries committing to plans that will encourage Japanese companies to invest …
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BusinessEconomyEventsINVESTMENTMiningNigeria
Nigeria to Host Gold and Gemstone Conference 2025 in Lagos
Stakeholders in the precious minerals sector are set to gather in Lagos for the Gold and Gemstone Conference and Exhibition (GGCE) 2025, scheduled to take place from November 24 to …
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AfricaBusinessCommoditiesEconomyINVESTMENTMining
Gold Fields Triples Profit, Raises Interim Dividend on Strong Gold Prices
South African gold mining giant, Gold Fields Limited, has announced a major boost in its earnings for the first half of 2025, with profits more than tripling compared to the …
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AFRICA NEWSBusinessEconomyEnvironmentInternationalMiningUncategorized
Morocco Appoints Arbitrator in $2.2 Billion Emmerson Mining Dispute
Morocco has taken a fresh step in its $2.2 billion legal dispute with British mining company Emmerson Plc after appointing Professor Zachary Douglas KC as its representative in an ongoing …
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AfricaBusinessEconomyINVESTMENTMiningNews
Saudi Consortium Gets Approval to Acquire Barloworld in R23 Billion Deal
A consortium led by Saudi Arabia’s Zahid Group has received the green light from South Africa’s Competition Tribunal to acquire Barloworld in a deal worth R23 billion. The transaction, which …
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AfricaBusinessCorporate AffairsEconomyINVESTMENTMining
Hilmax Returns Strong with New Investors, Sets Eyes on Expanding Zimbabwe’s Mining Sector
Hilmax Engineering, one of Zimbabwe’s leading engineering service providers to the mining industry, has staged a remarkable comeback after facing a serious survival battle last year. For more than a …
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AfricaCommunity DevelopmentEconomyLabourMining
Diamond Union Fights to Save Jobs as ZCDC Retrenchments Spark Backlash
The crisis in Zimbabwe’s diamond industry has deepened as the Zimbabwe Diamond and Allied Minerals Workers Union (Zdamwu) mounts a last attempt to stop massive retrenchments at the Zimbabwe Consolidated …
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AfricaBusinessEconomyEnergyMining
Egypt Saves $3.6 Billion on Fuel Imports as Domestic Energy Production Rises
Egypt has announced that it successfully saved about $3.6 billion in fuel import costs during the 2024/2025 fiscal year, thanks to a boost in local energy production. The Minister of …
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BusinessEconomyMiningOil & GasPolitics
Key Economic and Political Events Set to Shape African Markets on Thursday
Several economic indicators, company announcements, debt and currency market developments, and political events are expected to influence African markets on Thursday, with movements already being seen across global markets, commodity …