Petra Diamonds exits Tanzania's Williamson mine after years of trouble
Petra Diamonds has sold its remaining 31.5% stake in Tanzania's Williamson mine to Pink Diamonds, ending a difficult 16-year involvement in the operation.
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- 15 May 2025
Oman's sovereign fund steps into Angola's Catoca mine as Alrosa exits
A subsidiary of Oman's sovereign wealth fund has taken over Alrosa's stake in Angola's Catoca diamond mine, ending the Russian giant's two-decade presence in the project.
Ivanhoe posts record revenue as Kamoa-Kakula nears record copper output
Ivanhoe Mines shares jumped as much as 12% after record first-quarter revenue of $973m, with Kamoa-Kakula copper output rising to near-record levels ahead of April's disruption.
Alphamin restarts Bisie tin mine as M23 rebels pull back from Walikale
Alphamin Resources resumed phased operations at its Bisie tin mine in April 2025, weeks after suspending production when Rwanda-backed M23 rebels advanced on Walikale district in eastern Congo.
Bushveld Minerals collapses into liquidation, ending vanadium miner's AIM listing
Bushveld Minerals was placed into liquidation on 15 April 2025 after running out of funds, setting up its delisting from London's AIM market once its nominated adviser resigned.
Kamoa-Kakula smelter starts up as hydropower imports climb
Ivanhoe Mines began commissioning Kamoa-Kakula's new copper smelter after imported hydroelectric power rose 40% to 70MW, calling it a turning point for the DRC complex.
Diamond slump drags on Namibia's growth outlook
Namibia's government trimmed its 2025 growth forecast to 4.5%, citing weak diamond markets and steep production cuts at De Beers as a drag on the economy.
Botswana weighs emergency 615MW coal plant as Morupule B falters
Botswana is considering an emergency 615MW coal-fired power station after years of breakdowns at Morupule B, with only 65% of electricity demand currently met from local generation.
Uganda signs first mineral production-sharing deal to revive Kilembe copper-cobalt mine
Uganda signed its first-ever mineral production-sharing agreement to redevelop the Kilembe copper-cobalt mine, handing development rights to Sarrai Group and Nile Fibreboard after a 14-firm tender process.
Cobalt export freeze splits Congolese senators, miners and reformers
Days after ARECOMS suspended cobalt exports, Congolese senators, a former mines minister and mining companies warned of lost revenue, while civil society groups praised the move to support prices.
New Eurasian Resources chief courts Chinese investment for Congo assets
Eurasian Resources Group's newly appointed chief executive Shukhrat Ibragimov has begun seeking Chinese investment to support the Kazakh miner's copper and cobalt operations in the DRC.
Pan African's underground mines temper an otherwise strong interim result
Pan African Resources booked record interim profit on higher gold prices, but rising costs at its Barberton underground operations and reopening risk at Nobles left some analysts wary about the growth story.
De Beers and Botswana sign new 10-year sales deal and 25-year mining licence
De Beers and Botswana's government signed a new 10-year rough diamond sales agreement and a 25-year extension of Debswana's mining licences on 25 February 2025, alongside 10 billion pula of development funding for Botswana.
DRC suspends all cobalt exports for four months as prices hit nine-year low
The Democratic Republic of Congo's mining regulator ordered a surprise four-month suspension of cobalt exports on 22 February 2025, aiming to drain a global surplus and lift crashed prices.
Ivanhoe extends Makoko copper deposit, finds high-grade Kitoko zone
Ivanhoe Mines said its Makoko copper deposit in the DRC's Western Forelands has grown by 20% in strike length, with a new high-grade discovery at nearby Kitoko.
Ivanhoe books $193m profit as Kamoa-Kakula hits record output
Ivanhoe Mines reported a $193m annual profit and record copper output at Kamoa-Kakula for 2024, though a backup-power fire and an aggressive platinum expansion plan clouded the outlook.
Acid spill from Chinese-owned mine poisons Zambia's Kafue River
A dam at Sino-Metals Leach Zambia's Chambishi operation burst on 18 February 2025, releasing acidic effluent that killed fish along the Kafue River and prompted a presidential declaration of crisis.
Minerals Council fears MPRDA rewrite will unwind 'once empowered' ruling
The Minerals Council South Africa says the Department of Mineral and Petroleum Resources is unhappy with a court ruling that protects existing empowerment deals, and may use MPRDA amendments to undo it.
Barrick suspends Loulo-Gounkoto operations after Mali seizes gold stock
Barrick confirmed it has suspended production at its Loulo-Gounkoto complex in Mali after authorities seized about $245m worth of gold stock, deepening a two-year standoff over the country's new mining code.