Mining

MTN Group reversed a R10.9 billion loss to report R27 billion profit after tax for 2025, while South Africa's mineral exploration expenditure fell for the seventh consecutive year, signaling continued investor concerns about the country's mining sector competitiveness.

US Interior Secretary Doug Burgum met with Venezuelan officials in Caracas to discuss mining reforms, while Turkey continues to deepen diplomatic and economic ties across the African continent.

Union leaders report widespread sexual harassment, unlawful dismissals, and discriminatory HIV testing requirements targeting women employed at Chinese mining operations across Zimbabwe.

Federal and state governments advance major investment deals spanning $5.7 billion in mining and manufacturing, $4 billion fertilizer complex, and regional electrification programs as Nigeria accelerates infrastructure development.

As artificial intelligence devours computing power, Africa's vast reserves of cobalt, lithium, and rare earth elements position the continent to move beyond raw material supplier toward strategic influence in the AI economy.

Federal Government commits to leveraging international treaty framework to safeguard foreign capital in solid minerals sector as part of economic diversification strategy.

As India and Brazil forge a bilateral mining pact targeting $20 billion in trade, the industry faces a deeper crisis: one in three mining graduates now reject extraction careers, choosing analyst roles over underground work.

Allegations of police involvement in illegal gold trading operations near Johannesburg reveal systemic corruption that threatens both community safety and the integrity of law enforcement in artisanal mining zones.

The Zimbabwe Diamond and Allied Minerals Workers Union has formally submitted demands for a $650 minimum wage in 2026, arguing that workers have not benefited from soaring global mineral prices that have boosted mining company revenues.

Residents of Amankwo in Agbada Inyi Autonomous Community have launched protests following alleged river contamination by a coal mining company, resulting in mass death of aquatic life and threatening the community's primary water source.

Africa's untapped gold reserves valued at $1 trillion could provide economic stabilization against currency volatility, while Washington intensifies efforts to establish transparent mineral supply chains that eliminate conflict sourcing and generate sustainable employment across the continent.

As lab-grown diamonds flood markets and prices tumble, the natural diamond industry abandons geology for sociology, selling nation-building narratives over carats in a desperate bid to preserve value.