The continent hosts more than half the planet’s platinum group metal, manganese and cobalt reserves – vital for certain battery storage technologies.

The initial startup supply will be sourced from local artisanal mining cooperatives, promoting responsible sourcing, the company said.

The Lobito corridor is central to the Biden administration’s plans to secure access to crucial metals for the energy transition in Zambia and neighboring Democratic Republic of Congo.

A project funded by Thungela has begun repopulating a river system with fish after a catastrophic spill from a coal mine.

The 82-year-old serial investor has dived into something that harkens back to the start of his storied career nearly half a century ago.

Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery.

Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024.

Poor ground conditions at Obuasi in Ghana and a carbon-in-leach tank failure at Siguiri, Guinea, had an adverse impact on gold production.