Endeavour Mining has underlined its prospects for organic growth after completing a positive pre-feasibility study (PFS) for its two most advanced gold projects in West Africa. The Fetekro project in Côte d’Ivoire has the potential to be a future cornerstone mine...

Burundi and Tanzania have revealed they are aiming to raise US$1.9 billion for the construction of a railway line linking the two East African countries. The 190 km rail line will connect the Burundian city of Musongati to Isaka in Tanzania,...

AIM and TSXV-listed Altus Royalties has grown its footprint in Egypt with four new gold exploration licences, adding to a succession of permits it obtained in January. The licences are comprised of nine licence blocks totalling 1,565 km2 and will target...

African Development Bank president Akinwumi A. Adesina has reiterated that the fundamentals for strong economic growth are still in place in Africa, despite of the impacts of the COVID-19 pandemic. Adesina was joined last week by several international business executives and...

Lucapa Diamond Company has collected US$5.6 million from its first diamond sales of the year, parting with 4,676 carats recovered from the Mothae mine in Lesotho. The diamonds fetched the highest average dollar per carat price achieved by Mothae of any...