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A service for mining industry professionals · Thursday, February 6, 2025 · 783,557,410 Articles · 3+ Million Readers
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Africa Mining Profit News Monitoring

  • Published on Feb 3, 2025

    Mining sector grapples with 12 000 job losses amid price pressures

    The South African mining industry remained under pressure in 2024 as lower non-gold commodity prices resulted in lower profitability among miners and caused some 12 000 job losses, Minerals Council economist Hugo Pienaar said. Speaking at the Investing in …

    Source: IOL - Uncategorized
  • Published on Feb 3, 2025

    Gwede Mantashe highlights Africa's mineral wealth at Mining Indaba 2025

    He emphasised that the main ethos of the event was centred around the idea that a country’s wealth should be shared by all its people.  “This gathering is precisely about having discussions about Africa’s mineral wealth and her people sharing in it,” he …

    Source: IOL - Uncategorized
  • Published on Feb 3, 2025

    Suggestions that Tiger is mining kingpin indicate a cover-up - Giwusa

    MANYANE MANYANE The General Industries Workers Union of South Africa (Giwusa) has suggested that there is a cover-up in police suggesting that Neo “Tiger” Tshoaeli is an illegal mining kingpin. The union said this label implies a level of power and control …

    Source: IOL - Uncategorized
  • Published on Feb 3, 2025

    Nigerian Newspapers: Top Stories For Today (03/02/25)

    Read the full details on our digital edition when you join our WhatsApp Communities here. Here are the major headlines for today: 2025 BUDGET Estimated N13trn Funding Gap May Compound Real Sector Growth — Experts … Say Consumers Income Erosion May Push …

    Source: Independent - Label Pending
  • Published on Feb 3, 2025

    Harmony Gold poised to exceed production targets for 2025 financial year

    Harmony Gold said Monday that it remained on track to exceed the full-year production guidance of between 1.4 million to 1.5 million ounces for 2025 financial year. This comes as the company announced that total gold production for the six months ended 31 …

    Source: IOL - Uncategorized
  • Published on Feb 3, 2025

    Resources Top 5: OzAurum lifts off on discovery of new high-grade gold target

    OzAurum drilling hits up to 4m at 14.17g/t gold at Mulgabbie North Alkane Resources becomes substantial shareholder in Medallion Metals New Murchison unveils feasibility study for near-term gold from Crown Prince Your standout small cap resources …

    Source: Stockhead - Neutral
  • Published on Feb 3, 2025

    Mali's aggressive tactics spook miners

    Mali, one of the world’s top 20 gold producers and a leading producer in Africa. has long been a gold mining oasis for investors. But following President Assimi Goita’s rise to power in a military coup in 2021, the mining sector has become rather more of a …

    Source: African Business - Neutral
  • Published on Feb 3, 2025

    Ghana: ‘Illicit Financial Flows in Gold Sector Must Be Checked’

    The government has been called upon to take immediate action to address the issue of illegal gold mining and smuggling, which is resulting in Illicit Financial Flows (IFFs). Speaking at the launch of a report on Illicit Financial Flows in the gold sector, …

    Source: Skillings Mining Review - Florida - Label Pending
  • Published on Feb 5, 2025

    Crop Comments: Seed Catalogs Already?

    Two years ago, in Central New York, Ken, a “grass-fed” organic dairy farmer, asked me two cropping questions as he was planning his growing season. He was considering no-till seeding Japanese millet into land where he had planted rye cover crop the …

    Source: Country Folks - Neutral
  • Published on Feb 1, 2025

    Your phone, a rare metal and the war in DR Congo

    There is a good chance that inside your mobile phone is a miniscule amount of a metal that started its journey buried in the earth of eastern Democratic Republic of Congo, where a war is currently raging. It may even be directly connected to the M23 rebel …

    Source: BBC - Public Broadcaster
  • Published on Feb 1, 2025

    Nothing Gold Can Stay 

    Gold just ended a banner year. Its price rose 27 percent in 2024, closing at $2,617 per ounce. Only the Nasdaq Composite index, fueled by reliably strong performances from the so-called Magnificent Seven tech giants, did better, at 31 percent. (The S&P …

    Source: The New York Review of Books - Neutral
  • Published on Jan 31, 2025

    AMW to Showcase Africa's Rising Potential

    International investments in Africa's mining sector are surging as global demand for both traditional and emerging minerals continues to grow. For example, Australian mining firms saw their asset value in Africa reach $60 billion in 2024, while …

    Source: Business Ghana - Label Pending
  • Published on Feb 1, 2025

    Will Bitcoin Emerge as the New 'Digital Gold' for National Reserves?

    President Donald Trump signed an executive order relating to cryptocurrencies. The US is now one step closer to the creation of a strategic Bitcoin reserve. History shows that early adopters often gain a strategic advantage. Nations that first embraced …

    Source: Investing - Neutral
  • Published on Feb 1, 2025

    Africa’s big copper countries set their sights on profits of trade

    Africa’s biggest copper producers, the Democratic Republic of Congo and Zambia, are working on deals to gain exposure to metal trading as a demand surge linked to artificial intelligence and the shift to greener energy promises hefty profits. Metals …

    Source: SABC News - Public Broadcaster
  • Published on Feb 1, 2025

    Leader in Bitcoin Mining, LJ Mining Enables Users to Generate Passive Cryptocurrency Earnings

    Lancashire, United Kingdom -- LJ Mining has become a leading platform in the mining industry amid the growth of cryptocurrency transactions. For beginners looking for an attractive option to generate a steady income with minimal effort, cloud mining offers …

    Source: Big Technology - Neutral
  • Published on Jan 31, 2025

    Africa's big copper countries set their sights on the profits of trade

    Gecamines already trading copper after deal with CMOC Mining Indaba to be held in Cape Town Feb. 3-6 Copper and resource nationalism likely to be debated By Felix Njini and Clara Denina JOHANNESBURG/ LONDON, Jan 31 (Reuters) - Africa's biggest …

    Source: Mint - Neutral
  • Published on Jan 31, 2025

    Glencore’s 2024 metals production declines, copper output falls 6%

    Glencore has announced a decline in its 2024 production of copper, cobalt, zinc, nickel and thermal coal, aligning with its guidance. The company produced 951,600 tonnes (t) of copper in 2024, a 6% decrease from 1.01 million tonnes (mt) in 2023, meeting …

    Source: Mining Technology - Label Pending
  • Published on Feb 2, 2025

    Struggle for mineral resources drives conflict in DRC — web portal

    HARARE, February 2. /TASS/. The escalation of tensions in the east of the Democratic Republic of the Congo (DRC) reflects the struggle for the giant natural wealth of the country estimated at $24 trillion, the African Stream web portal said. " …

    Source: TASS - Gov't Propaganda
  • Published on Jan 31, 2025

    Africa's biggest copper countries are focusing on trade profits

    Africa's largest copper producers, Democratic Republic of Congo (DRC) and Zambia (Zambia), are working to get exposure to metal trading, as the surge in demand linked to artificial intelligent and the move to greener energy promises big profits. Metals …

    Source: World Energy News - Connecticut - Label Pending

04 days 20:06:12

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