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Mining Weekly | Africa

25 April 2024

The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments and infrastructure will be highlighted
  • Zimbabwe’s Mnangagwa names new Mines Minister in mini-reshuffle
    Zimbabwe’s President Emmerson Mnangagwa has reappointed Winston Chitando as the Southern African nation’s Mines Minister, a post he held before last year’s elections. Prior to his reappointment, Chitando was the local government minister.
  • Kazakh miner ERG denies circumventing Congo subcontracting laws
    Kazakh miner Eurasian Resources Group (ERG) has denied accusations it tried to bypass Democratic Republic of Congo's subcontracting laws designed to boost local ownership in the mining sector, job creation, and benefits to the country's economy. In a statement published last week, Congo's government accused ERG of passing off nine subcontracting companies as majority partners with "fictitious" shares in order to circumvent legislation requiring that Congolese shareholders own 50% of subcontracting shares.
  • BHP makes £31bn offer for Anglo American
    Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape. BHP offered Anglo shareholders £25.08 a share, including £4.86 a share for Anglo American Platinum (Amplats) shares and £3.40 a share for Kumba Iron Ore shares.