Africa, one of the world’s richest mining regions, continues to strengthen its position as a global hub for mineral production. According to the US Geological Survey (USGS), Africa accounted for 79.3% of total PGM [platinum group metals] reserves in 2025, 61.7% of chromium reserves, and substantial shares of reserves of cobalt (54.5%), manganese (36.5%), diamonds (32.4%), bauxite (25.5%), copper (8.2%), gold (7.8%) and lithium (1.6%), among others. Despite its resource wealth, the industry faces persistent ...

South Africa-based Tharisa has announced plans to invest $547m (R9.46bn) in an underground platinum group metals (PGM) mining project over the next ten years. The company plans to shift its declining open-pit PGM and chrome co-producing Tharisa mine, located on the Bushveld complex, to underground mining within the next decade. Tharisa CEO Phoevos Pouroulis said: “The underground project is the natural progression for our operations and has been established to increase the life-of-mine development to a ...

Production Capacity Expansion - Impala Platinum Holdings's Zimbabwe unit is tripling its processing capacity [1] - The Zimbabwe unit plans to handle concentrates from other mining firms at its new smelter [1]