“Africa’s Mining Pulse: Stability, Strategy, and Subsurface Shifts”
By Bradley Riviera, MiningFocus Africa
As the dust settles on another week in Africa’s mining corridors, the continent’s resource narrative continues to evolve—quietly but decisively.
Gold, the eternal anchor, held its ground at $3,338 per ounce, a testament to investor caution in the face of looming monetary policy shifts. Meanwhile, iron ore defied expectations, nudging upward despite a surplus that’s been weighing down global inventories. Aluminum, buoyed by industrial momentum, surged to $2,620 per ton, while copper remained subdued, its price reflecting broader economic anxieties.
On the ground, Malawi’s Kasiya Project took a major leap forward. Sovereign Metals has locked in its mining method and finalized fleet design, marking a milestone in its Definitive Feasibility Study. This rutile-graphite venture could redefine Malawi’s role in the global critical minerals supply chain.
In Mali, Kodal Minerals continues to push ahead with its Bougouni Lithium Project, while B2Gold has secured the green light to begin underground operations at the Fekola Mine—an expansion that signals deeper confidence in Mali’s resource potential.
Senegal also enters the spotlight, with Resolute Mining unveiling a fresh mineral resource estimate at its Bantaco Project, located just east of the Mako Gold Mine. The numbers may be early stage, but the intent is clear: West Africa’s gold belt is far from tapped out.
From price plateaus to project pivots, Africa’s mining heartbeat remains steady—complex, resilient, and full of promise.
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