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Mining Weekly | Africa

10 May 2026

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
  • Hillside’s marks 30 years amid push for long-term power solution
    Diversified miner South32’s Hillside Aluminium smelter in Richards Bay, KwaZulu-Natal, could continue operating for another 20 to 30 years if a competitive long-term electricity agreement is secured with State-owned power utility Eskom. This was stated by South32 executives at a gala event to celebrate the smelter's 30 years in operation. During a media briefing, South32 CEO Graham Kerr said the decision to build the Hillside Aluminium smelter in the early 1990s required courage and belief in South Africa’s future at a time of political and economic uncertainty, adding that the smelter has since become a key contributor to industrialisation, employment and regional economic development.
  • AngloGold delivers record free cash flow
    The record first-quarter (Q1) free cash flow of $1.2-billion delivered by AngloGold Ashanti is almost triple the Q1 2025 amount, following steady performances from most of its operating assets and the continued high gold price. The company, headed by CEO Alberton Calderon, remains on track to meet its 2026 annual guidance. (Also watch attached Creamer Media video.)
  • Canyon shores up rail, port influence for Cameroon project
    ASX-listed Canyon Resources’ in-country subsidiary Camalco Cameroon has increased its equity holding in Camrail from 9.1% to 26.9% through a cash consideration of about A$23.8-million, representing a significant strategic investment in the country’s primary rail transportation company. This enhanced stake is expected to strengthen the company’s ability to remain closely informed and actively engaged in developments relating to the PQ2 rail upgrade, while also securing timely bauxite transportation slots with Camrail.