Markets
Markets and business
DRC’s $1.4bn Manono lithium project moves ahead as demand for battery minerals grows
The DRC is developing the $1.4bn Manono lithium project in Tanganyika Province. Zijin Mining says the...
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Zambia says copper output will pass 1M tonnes in 2026
Zambia says copper production will pass 1 million tonnes in 2026. The rise is driven by...
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Glencore warns of shutdown as South Africa’s power crisis threatens ferrochrome jobs
Glencore says its South African ferrochrome smelters may shut down because electricity costs are too high....
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Global tensions disrupt gold routes, raising costs for Zimbabwe exporters
Global tensions have forced ships to avoid the Red Sea and take longer routes. The longer...
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Zimbabwe central bank suspends gold retention policy for small miners
Zimbabwe central bank suspends new forex retention policy for small-scale gold miners. Move follows implementation problems...
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Caledonia Mining posts record 2025 results, advances Bilboes project
Caledonia Mining revenue up 46% to $267.7m in 2025. Profit after tax surged 193% to $67.5m,...
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Kavango raises $8.4 million in UK, Zimbabwe share subscriptions
Kavango Resources raised about $8.4 million through share subscriptions in the UK and Zimbabwe. The funds...
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Gold production boosts Zimbabwe’s reserves
Gold reserves in Zimbabwe rose from 1.5 to 4 tonnes in two years. This growth strengthened...
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De Beers posts $511m loss as diamond demand weakens
De Beers reported a $511 million loss as global demand for diamonds weakened. Lower buying from...
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Rio Tinto–Glencore merger talks collapse after valuation split
Rio Tinto and Glencore have ended merger talks after failing to agree on valuation. The deal...
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