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DeBeers Slashes Production Guidance As Anglo American Considers Another Goodwill Impairment
De Beers slashes production by 31%, faces challenges in diamond marketDe Beers reduces diamond production by 31% due to weak market demand and faces challenges, including from lab-grown diamonds. China demand also down.
Escalating Tariff Wars, Tighter African Supply Drive Gold Toward $3000 Milestone
Gold has been a top asset in 2025, reaching $2,882/oz due to economic uncertainty. Tariffs and supply disruptions in Africa contribute to its rise.
Africa's $1.8 Billion Gaming Boom: Why Microsoft Can't Ignore Mobile
Africa's gaming industry is exploding, with 90% of its $1.8B revenue coming from mobile games. Microsoft's Xbox may need a new strategy to tap into this market dominated by PlayStation. Esports and content creation are also on the rise.
B2Gold Meets 2024 Guidance, Cuts Dividend To Fuel Growth Plans
B2Gold Corp (BTG) expects higher production in 2025 with new projects and agreements in place, despite challenges in Mali and a dividend cut.
Barrick Gold Warns About Production Suspension In Mali
Barrick Gold warns of potential suspension at Loulo-Gounkoto mining complex in Mali due to government's gold shipment restrictions. CEO calls situation "unwarranted" and "deeply regrettable." Other foreign miners also facing issues.
DR Congo Fires 'First Salvo,' Files Complaints Against Apple Over Conflict Minerals
The Democratic Republic of Congo has filed criminal complaints against Apple for using conflict minerals. Apple's subsidiaries in France and Belgium are accused. Congo says Apple is complicit in money laundering, war crimes, and misleading consumers.
Barrick Warns About Destabilization In Mali, Could Halt One Of Its Largest Mines
Barrick Gold Corp may suspend Mali operations due to government blocking gold shipments. CEO faces arrest warrant, impacting country's economy.
Mali Escalates Mining Tensions, Targets Barrick CEO With Arrest Warrant
CEO of Barrick Gold issued arrest warrant in Mali, accused of money laundering. Country's key commodity is gold, accounting for 80% of exports.
Mali Demands $162 Million From Resolution, Trading Suspended
The Mali government is demanding a $162 million tax settlement from Resolute Mining, causing tensions with foreign mining companies and impacting the global gold supply.The Mali government demands $162M tax settlement from Resolute Mining, causing tension with miners and affecting global gold supply.
Resolute Mining CEO Detained In Mali, Shares Crater
Resolute Mining CEO and executives detained in Mali while addressing concerns over in-country practices. Escalating risks for foreign mining operations.
Mali Government Threatens Barrick's Loulo Mine Permit Over Disputes On Economic Benefit Sharing
Mali may let Barrick's Loulo mine concession expire in 2026 due to disputes over economic benefits. Negotiations ongoing. CEO addresses tensions.
Biden's Farewell To Africa: Strategic Motives Behind First And Only Presidential Visit
Bill Gates Highlights Need For Wealthier Nations To Refocus On Aid To Africa Amid 'Significant' Funds Going To Ukraine, Advocates Debt Relief
Bill Gates called for wealthier nations to boost their support for African countries, at the release of his foundation's annual Goalkeeper's report.
Xi Jinping Pledges $51B To Africa, Fails To Entice Taiwan's Lone African Ally As Eswatini Skips China's Summit
At the summit, Xi Jinping pledged to increase Chinese support to Africa, through funding, infrastructure initiatives, and the creation of at least 1 million jobs.
WHO Seeks $135M In Funding To Fight Mpox: Outbreak 'Can Be Controlled, And Can Be Stopped'
To fight the mpox outbreak in Africa, the World Health Organization calls for funding help for its six-month plan.
WHO Declares Mpox Public Health Emergency: 'Coordinated International Response Essential' To Halt Outbreak
A public health emergency for mpox in Africa saw vaccine stocks jump Wednesday. A look at the stocks and what's next for fighting the virus.
GeoVax, SIGA Technologies Shares Soar After WHO Declares Mpox A Global Health Emergency
Shares of GeoVax Labs and SIGA Technologies are surging Wednesday amid Mpox Emergency Declaration. Here's what you need to know.
Mining Billionaire Charged With Corruption In British Court: What You Need To Know
Billionaire and former Glencore CEO Alex Beard charged with corruption in UK along with four others, accused of making corrupt payments in West Africa.A British billionaire who made a fortune while working for a top commodities company was charged with corruption on Thursday.
Barrick Gold Navigates New Mining Code, Political Changes To Secure Mali Operations
Barrick Gold increases exploration efforts in Mali, CEO Mark Bristow remains committed to positive outlook despite political challenges.
What Happened With Jumia Technologies Stock Today?
Jumia Technologies shares climbed Tuesday after Benchmark initiated coverage on the stock with a Buy rating and a $14 price target.
Chinese EV Makers Pivot To Africa Amid EU And US Tariff Hurdles
Despite the increased tariffs, Chinese EV manufacturers continue to expand globally.
Exxon Shrinks Footprint In Nigeria Despite Renewal Of Lease On Lagos Office: Report
Exxon is relocating staff from the 12-floor Mobil House, reportedly leased at $10 million annually, to a six-floor office building in Ikoyi.
Apple Supply Chain Includes 'Blood Minerals' From Congo: Lawyers
In an April notification to Apple CEO Tim Cook, the lawyers outlined concerns regarding this supply chain in the eastern DRC.  They allege that armed groups are mining conflict minerals, including tin, tantalum, tungsten, and gold.
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