Current Business Issues in African Countries
Supply Chain, Climate Change, Sustainable Development, Entrepreneurship, Health and Wellbeing
Mining (1 of 2)
Below, is a sample of companies that have verified websites. The companies are included if their industry is among the major industries in the relevant country. The list is provided for illustrative purposes, is not exhaustive, and does not represent an endorsement of the listed companies. Note: Company descriptions were generated with ChatGPT. Copyright infringement is not intended. Please contact us to obtain a copy of the raw data and references ChatGPT used to generate the company descriptions.
Angola
Endiama
State-owned company; manages diamond mining and concessions across Angola.
SML (Sociedade Mineira de Catoca)
Operates the Catoca mine, the 4th largest diamond mine in the world; joint venture with Endiama, Alrosa (Russia), and others.
Botswana
Diamond Companies
Debswana Diamond Company
Debswana is the largest diamond miner in Botswana. It’s a 50/50 joint venture between the Government of Botswana and De Beers Group. It operates all major diamond mines in the country: Jwaneng Mine, Orapa Mine, Letlhakane Mine, and Damtshaa Mine. Debswana is credited with transforming Botswana’s economy: diamond revenues from the company are a foundational part of national GDP, exports, and government revenue.
DTC Botswana (rough diamond sorting / trading)
DTC Botswana is the rough diamond sorting and valuation arm operating in Botswana. It’s a 50/50 joint venture between the Botswana government and De Beers. • It handles rough diamond output (primarily from Debswana) — sorting, valuing, and preparing diamonds for sale globally.
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Copper/Nickel Mining
Premium Nickel Resources (Successor/redeveloper)
Owns/develops the former Selkirk (and possibly other) copper nickel deposits in Botswana.
Khoemacau Copper Mining Pty. Ltd. (KCM)
https://www.mmg.com/our-business/khoemacau/
Active in copper mining / exploration in Botswana; has acquired some past assets.
Burkina Faso
IAMGOLD
operates the Essakane Gold Mine, one of the largest gold mines in the country. g
https://www.iamgold.com/English/home/default.aspx
Orezone Gold Corporation
operates the Bomboré Gold Project in Burkina Faso.
Burundi
COMEBU
The Comptoir Minier des Exploitations du Burundi S.A. (Burundi Mining Exchange, COMEBU)
Central African Republic
Axmin Inc.
A Canada registered mining company that was granted the license for the gold mine at Ndassima (in Ouaka prefecture).
Democratic Republic of the Congo
Gécamines
A state owned enterprise and historically the largest mining company in the DRC. Gécamines engages in exploration, exploitation and production of various mineral deposits — especially copper and cobalt — across Katanga and other provinces.
Barrick Gold (via a joint venture)
see “Operations / Kibali” page
Through a joint venture company (with other partners), Barrick operates the Kibali Gold Mine in northeastern DRC — one of Africa’s largest gold mines. It uses both open pit and underground methods, with a substantial processing plant.
Gabon
Société Équatoriale des Mines (SEM)
Semgabon
A public Gabonese mining company with private management created to hold and manage the state’s stakes in mining ventures and develop mineral projects in Gabon and abroad. SEM is central to Gabon’s mining sector strategy and works to develop the country’s mineral resources responsibly.
Compagnie Minière de l’Ogooué (COMILOG)
http://www.eramet-comilog.com/
One of Gabon’s largest mining companies and a world-leading producer of manganese ore. Based in Moanda, COMILOG is majority-owned by the French group Eramet with a significant share held by the Gabonese state. It operates extensive manganese mining and processing facilities.
Ghana
Newmont Ghana Gold Ltd
Newmont is part of Newmont Corporation, the world’s largest gold mining company and a major producer in Ghana, operating key gold mines such as Ahafo and Akyem. It focuses on large scale gold extraction and sustainable mining practices, contributing significantly to Ghana’s gold output and local employment
Gold Fields Ghana Ltd
https://www.goldfields-ghana.com/
Gold Fields Ghana is the Ghanaian subsidiary of Gold Fields Ltd (South Africa). It is a major gold producer with large operations at the Tarkwa and Damang mines. The company emphasizes sustainable mining and supports community development initiatives in Western Ghana.
Republic of Guinea
Compagnie des Bauxites de Guinée (CBG)
CBG is one of Guinea’s oldest and largest mining companies, founded in 1963 to extract and export high grade bauxite from the Sangarédi mining district in the Boké region. It is a joint venture between the Guinean government and the international Halco Mining consortium (which includes global mining firms). CBG produces and transports bauxite via rail and port facilities, making it a cornerstone of Guinea’s bauxite export economy.
Société Minière de Boké (SMB)
https://www.smb-guinee.com/en/home/
SMB, established in 2014, is a major bauxite producer and exporter in Guinea and has grown rapidly to become one of the leading mining operators in the country. It is part of the SMB Winning Consortium, a partnership involving international investors. SMB operates multiple bauxite mining sites and has developed significant port and rail infrastructure to support exports, contributing a substantial share of Guinea’s national bauxite output.
Lesotho
Letšeng Diamonds (Letšeng Diamond Mine)
https://www.letsengdiamonds.co.ls/
Letšeng Diamonds (Pty) Ltd operates the Letšeng Diamond Mine, one of the most famous diamond mines in the world, known for producing exceptionally large and high value diamonds (including record finds like the Lesotho Legend). The company is majority owned by Gem Diamonds and the Government of Lesotho and focuses on kimberlite diamond extraction and processing high quality rough stones for global sale. Letšeng is renowned for its high dollar per carat output and has significant production history at high altitude in the Maluti Mountains.
Storm Mountain Diamonds (Kao Diamond Mine)
https://stormmountaindiamonds.com/
Storm Mountain Diamonds (Pty) Ltd is the operator of the Kao Diamond Mine in the Butha Buthe district of Lesotho. The company is jointly owned by Namakwa Diamonds Limited and the Government of Lesotho, and it mines one of the largest kimberlite bodies in Southern Africa. SMD produces a range of gem quality diamonds, including rare pink diamonds, and places strong emphasis on sustainability and community engagement in its operations.
Liberia
ArcelorMittal Liberia
https://liberia.arcelormittal.com/
ArcelorMittal Liberia is the Liberian subsidiary of the global steel and mining giant ArcelorMittal, one of the world’s largest steel producers. In Liberia, the company operates major iron ore mining activities, particularly in Nimba County, producing iron ore for export and contributing significantly to government revenue and employment. ArcelorMittal’s mining operations include extraction, rail transport, and port logistics for iron ore shipments.
Bea Mountain Mining Corporation (BMMC)
https://avesoro.com/Corporate/CorporateOverview
Bea Mountain Mining Corporation is a gold mining company operating in Liberia and part of the West Africa–focused Avesoro Resources group. BMMC runs the New Liberty Gold Mine in Grand Cape Mount County, engaging in gold production, processing, and export. The company emphasizes responsible mining practices and community engagement, contributing to Liberia’s growing gold sector.
Madagascar
Ambatovy
Ambatovy is the largest mining operation in Madagascar focused on extracting and processing nickel and cobalt, key transition minerals used in electric vehicle batteries and other high-tech applications. It is one of the largest lateritic nickel mining ventures globally and represents the largest foreign investment in Madagascan history. The operation includes extraction, processing, infrastructure development, and community engagement initiatives.
QIT Madagascar Minerals (QMM) – Rio Tinto Joint Venture
https://www.riotinto.com/en/operations/africa/qit-madagascar-minerals
QIT Madagascar Minerals (commonly known as QMM) is a major mining company operating in southeastern Madagascar (near Fort Dauphin), predominantly producing ilmenite, a primary source of titanium dioxide used in pigments and industrial materials. QMM is a long-term joint venture between global mining giant Rio Tinto (80%) and the Government of Madagascar (20%) and also produces other minerals like zirsill and monazite.
Malawi
Mkango Resources Ltd.
Description:
Mkango Resources Ltd. is a Canadian mineral exploration and development company focused on rare earth elements and associated minerals in Malawi, particularly through its flagship Songwe Hill Rare Earths Project. Songwe Hill is one of the most advanced rare earth projects in the country and is being developed to supply critical minerals used in high-tech and clean energy applications. The company also holds licenses for other mineral prospects in Malawi including uranium, niobium, and cobalt projects.
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Lotus Resources Limited (Kayelekera Uranium Mine)
https://lotusresources.com.au/
Description:
Lotus Resources Limited is an Australian company that owns the Kayelekera uranium project in northern Malawi, one of the country’s most significant mineral operations historically. The project, acquired from Paladin Energy, holds a large uranium resource and represents a key asset in uranium mining, though operations were paused for periods due to market conditions. Lotus Resources is focused on repositioning Kayelekera for future uranium production.
Mali
Barrick Gold Corporation
Barrick Gold is one of the world’s largest gold mining companies, headquartered in Canada. It operates the Loulo-Gounkoto gold complex in western Mali, historically one of the country’s biggest gold producers. Barrick’s operations have been central to Mali’s gold output, though in recent years they have faced regulatory and legal challenges with the Malian government.
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B2Gold Corporation
Description: B2Gold is a Canadian gold mining company with extensive global operations, including the Fekola mine in Mali, which is a significant contributor to national gold production and has helped make B2Gold the largest gold producer in Mali in recent years. The company focuses on gold exploration, development, and production in several countries.