Africa


Moody’s slashes growth forecasts

In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by a pick-up to 3.2% in…


Endeavour Mining to buy Semafo

Endeavour Mining (TSX: EDV) gave markets a welcome break from COVID-19-related news by announcing the acquisition of Semafo (TSX: SMF) in a $1 billion (US$691 million) deal that will create…


Nordgold takes stake in Cardinal Resources

Privately held Nordgold has taken a 19.9% stake in Cardinal Resources (TSX: CDV; ASX: CDV), which is advancing its Namdini gold project in Ghana. The Russian gold miner, whose non-executive…



An access and ventilation tunnel under construction on the south side of Ivanhoe Mines’ Kakula copper deposit in the Democratic Republic of the Congo. Credit: Ivanhoe Mines.

Ivanhoe hails progress at Kamoa-Kakula, Platreef

Ivanhoe Mines (TSX:IVN; US-OTC: IVPAF) said that progress at its Kakula project, the first of multiple planned mining areas at Kamoa-Kakula in the Democratic Republic of the Congo, continues to…








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