Latest News Mines

Mines

16/12/2019 at 16h54, by Gaëlle Arenson

La Mancha, Naguib Sawiris’ gold mining holding company, reshuffles its teams

Following its acquisition last year of a 30% stake in gold producer Golden Star Resources in Ghana for...

Mines

13/12/2019 at 20h27, by Gaëlle Arenson

Endeavour Mining not ruling out a hostile bid for Egypt’s Centamin in early 2020

Billionaire businessman Naguib Sawiris owns 30% of Endeavour through his La Mancha Holding Sarl.

Mines

12/12/2019 at 15h28, by Aurelie Benoit

Advisers surround Teranga Gold and Barrick for the purchase of the Massawa gold project in Senegal

The gold mining firm is to pay almost $400m to fellow Canadian group Barrick and its joint venture partner,...

Mines

10/12/2019 at 18h00, by Aurelie Benoit

Samaila Zubairu (AFC) shows renewed faith in Danakali’s potash project in Eritrea

The pan-African financial institution is to acquire one third of Danakil and become a strategic shareholder...

Mines

09/12/2019 at 15h26, by Africa Business+

Sale of a majority stake in Altus Strategies to La Mancha (Naguib Sawiris) not on the agenda

The recent acquisition, for $8.4 million, of some 40% of the capital of the British company Altus Strategies...

Mineral resources

29/11/2019 at 16h57, by Christophe Le Bec

Eramet lands the Akonolinga rutile permits in Cameroon and already has its eye on local nickel and cobalt deposits

The French mining group consolidates its stake in mineral sands in the Nyong-et-Mfoumou department in...

Mines

28/11/2019 at 17h26, by Gaëlle Arenson

ICSID: King & Spalding represent U.S. trader Gerald (SL Mining) in dispute with Sierra Leone

The group estimates its losses at over $500m following the suspension of its iron ore export licence...

Mines

20/11/2019 at 17h14, by Gaëlle Arenson

Sale of Sadiola mine in Mali: AngloGold Ashanti undergoing due diligence

Extraction was suspended last year at the gold mine which has resources of 3.23 million ounces.

Mines

14/11/2019 at 16h29, by Christophe Le Bec

No bid from Eramet for Tambao “unless the security situation improves” (C. Bories)

Jeune Afrique Business+ spoke to the mining group’s CEO about several key projects in Africa.

Mines

13/11/2019 at 17h20, by Gaëlle Arenson

SMB obtains blocks 1 and 2 at Simandou: China Railway vying for the Trans-Guinean

As reported by Jeune Afrique Business+ on 22 October, China Railway Construction Corp (CRCC) is expected...

Electricity

29/10/2019 at 17h09, by Africa Business+

With mining group Nordgold, Total Eren doubles its presence in Burkina

Total’s renewable energy subsidiary is to build a solar power plant for the Russian mining group in...

Mines

25/10/2019 at 20h30, by Africa Business+

Moumouni Bictogo certifies the Benene bauxite deposit in southern Côte d’Ivoire

Mining junior Lagune Exploitation Bongouanou (LEB), founded by Ivorian businessman Moumouni Michel Bictogo,...

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