Business

Blue Fox licence exercise reveals junior mining’s new reality of modest capital commitments and strategic vagueness masquerading as growth strategy. When a London-listed mining company announces it’s “committed to spending not less than £400,000” over two and a half years, you’re witnessing either extreme capital discipline or a company operating …

Tega Industries Africa hosted the third chapter of its Mineral Processing Conclave in Pretoria on Friday, 3 October, to unite industry leaders and technical experts to shape the future of mining across the continent. These are exciting times for miners and the industry is entering an exciting phase with global …

Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, today unveiled its plans to directly improve the lives of 10 million people across the continent by 2030. The strategy will be delivered through targeted initiatives under four core pillars namely Financial Empowerment, Education, Environmental Protection and Digital Inclusion (FEED). …

The Gemfields Group Ltd expects a challenging first half of 2025 but is banking on new capacity in Mozambique to drive a turnaround later in the year. However, it projects a net loss of USD24.6 million for the six months to June 30, compared with a USD13.7 million profit a …

Maamba Solar Energy Limited has launched the construction of a 100 megawatt (MW) solar power plant in Maamba, described as a ‘game-changing’ step towards ending the power crisis and advancing climate and energy goals in the Southern Province. Attended by government officials, investors, community leaders and residents the groundbreaking ceremony …

First Quantum Minerals (FQM) is investing in Zambia’s energy infrastructure to support the nation’s target of producing 3 million tonnes of copper annually while strengthening power supply for national development. Speaking at the 2025 Energy Forum for Africa, FQM’s Infrastructure Lead for Zambia, Jed Goldstein, said the company is pursuing …

Indus Towers Limited today announced that its Board of Directors, at a meeting held earlier in the day, reviewed and deliberated on strategic opportunities to expand the Company’s footprint across select international markets. Recognizing the growth potential in emerging geographies, the Board has approved the Company’s foray into African markets, …

Sarens, a global leader in heavy lifting and engineered transport, has been recognized for its work in southern Africa, receiving the Excellence in Engineering and Best Project of the Year awards at the recent Lifting Africa Awards. The awards highlight the company’s commitment to safety, sustainability, and technical innovation within …

As the global demand for critical minerals accelerates, the continent’s role is shifting from resource supplier to indispensable partner in powering the energy transition, industrial growth, and global security. The time to elevate Africa’s position on the world stage is now.   This was the call to action at a …

Critics have recently argued that Zambia is being left shortchanged by mining giant Barrick, as the country has failed to secure equitable benefits compared to its regional peers. In 2024, Barrick generated US$1.063 billion in revenue from its Tanzanian operations, recording an EBITDA margin of 52% and paying US$95 million …