Lucara Diamond projects up to $225 Million revenue for 2025, driven by Karowe Mine’s expansion and exceptional diamond recoveries.
Feyisayo Ajayi
Feyisayo Ajayi
Feyisayo Ajayi is a finance reporter at Billionaires Africa, covering company valuations, latest market trends, and developments in the African continent with a special focus on finance, energy & renewables, and technology.
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Exxaro suspends CEO Nombasa Tsengwa amid workplace conduct probe, appoints CFO Riaan Koppeschaar as acting leader.
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Altona Rare Earths advances Mozambique’s Monte Muambe project, emphasizing rare earth production for EVs and wind turbines.
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3D printing streamlines mining equipment repairs, cutting downtime, saving costs, and enhancing safety in resource-intensive operations.
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Africa’s rare minerals hold untapped potential, fueling economic growth, clean energy, and technological advancements through responsible exploration.
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De Beers reports stronger-than-expected holiday sales, driven by demand in the U.S. and India, despite ongoing industry challenges.
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Harmony Gold reports fatal incident at Moab Khotsong mine, emphasizes safety commitment amid ongoing investigation into the cause.
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Angola replaces Russian Alrosa in Catoca mine, partnering with Oman to restore credibility in global diamond markets.
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Future of MiningNews
Japaul Gold Signs N26 Billion Sand Mining Contract to Transform Gracefield Island
Japaul Gold signs N26 billion($15.4 million) sand mining deal to reclaim land for luxury development on Gracefield Island, Lagos.
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Ghana’s MIIF reports $1.02 billion in gold revenue, strengthening its economy and formalizing small-scale mining operations.