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Ownership & operator index

Who-holds-what across the asset set — each asset's full ownership structure: operator, equity stakes, state participation, and JV partners. A competitive-intelligence layer for corporate development, derived from the operator disclosures already Sourced on each asset record (no new sourcing). 17 assets, 15 distinct holders.

Provenance & scope. Ownership structures are restated from each operator's public filings (annual reports, NI 43-101 / S-K 1300 / JORC technical reports, acquisition disclosures) — the same Sourced records that drive the dossiers. COI discipline: Rwanda assets are excluded from this surface; DRC assets appear as public-record operator fact only, carrying no Afrimintel editorial overlay. No commercial relationship with any named party is implied.
AssetStageOwnership structureBasis
Obuasi
Au · West Africa Birimian
OperatingAngloGold Ashanti (90%) / Government of Ghana (10% free-carried)
Held via AngloGold Ashanti (Ghana) Limited; Ghana 10% is free-carried interest
AGA 2025 Mineral Resource & Reserve Report (released 20 March 2026); Q1 2026 Operational Performance Review [Sourced 202
Loulo-Gounkoto
Au · West Africa Birimian
OperatingBarrick (80%) / State of Mali (20%)
80/20 maintained per Nov 2025 settlement (Mali 2023 Mining Code allowed up to 35% but settlement preserved 80/20 + $430M cash + tranched royalty escalation)
Barrick Annual Information Form 2025 (released March 2026); Mali Settlement Decree Feb 2026 [Sourced 2026-05-02]
Tenke Fungurume
Cu-Co · Lufilian Arc
OperatingCMOC (80%) / Gécamines (20% non-dilutable)
CMOC majority via 2019 acquisition; Gécamines retains 20% non-dilutable. JV operates under HKEX listing requirements with JORC 2012 / S-K 1300 reporting.
DRC — public-record fact, no editorial overlay
CMOC Group Annual Report 2024 (HKEX); JORC 2012 / S-K 1300 compliance post HKEX listing requirements [Sourced 2026-05-02
Colluli Potash
SOP · Afar Depression
DevelopmentColluli Mining Share Company (CMSC); SRBG 50% / ENAMCO 50%
SRBG 50% + ENAMCO 50% at CMSC level since 31 March 2023; Danakali fully exited
Danakali historical JORC disclosure (carried in 2022 half-year report); operator change verified March 2023; current ope
Venetia
Diamonds · Kaapvaal Craton
OperatingDe Beers Consolidated Mines Limited (De Beers Group; Anglo American 85% / Govt of Botswana 15%)
De Beers Group: 85% Anglo American + 15% Government of Botswana (as of May 2026); formal Anglo sale process ongoing, update expected during 2026
Anglo American Ore Reserves and Mineral Resources Report 2025 [Sourced 2026-05-02]
Sentinel
Cu · Lufilian Arc
OperatingFirst Quantum (100%, via Kalumbila Minerals Ltd)
Wholly owned by FQM via Kalumbila Minerals Ltd. Unlike Kansanshi, no ZCCM-IH stake.
DRC — public-record fact, no editorial overlay
First Quantum 2025 Annual Report (released 31 March 2026); Q1 2026 Operational Results [Sourced 2026-05-02]
Kansanshi
Cu · Lufilian Arc
OperatingFirst Quantum (80%) / ZCCM-IH (20%)
Held via Kansanshi Mining; ZCCM-IH (Zambian state) holds 20% fixed structural component
DRC — public-record fact, no editorial overlay
First Quantum 2024 Annual MRMR (released March 2025); Q1 2026 S3 Commissioning Update [Sourced 2026-05-02]
South Deep
Au · Kaapvaal Craton
OperatingGold Fields, via Newshelf 899 (Pty) Ltd
Newshelf 899 holds 100% of property; Newshelf itself = Gold Fields 90.245% + BBBEE outside shareholders 9.755%; group operational reporting level cites 96.4% attributable
Gold Fields South Deep S-K 1300 TRS effective 27 March 2025 (data as at 31 Dec 2024); Gold Fields 2024 IAR; Q1 2025 oper
Kamoa-Kakula
Cu · Lufilian Arc
OperatingIvanhoe (39.6%) / Zijin (39.6%) / Crystal River (0.8%) / DRC Gov (20% non-dilutable)
Four-party JV; DRC Gov 20% is non-dilutable fiscal anchor; Crystal River carries 0.8%
DRC — public-record fact, no editorial overlay
Ivanhoe Kamoa-Kakula Mineral Reserve and Mineral Resource Technical Report (NI 43-101), effective 31 Dec 2025, released
Kipushi (Ivanhoe)
Zn-Ge-Ga · Lufilian Arc
OperatingIvanhoe (68%) / Gécamines (32%, pathway to 38%)
Pathway to 38% Gécamines pending CPs per 2023 JV agreement; current effective 68/32 per Feb 2026 filings
DRC — public-record fact, no editorial overlay
Ivanhoe Kipushi 2022 Feasibility Study Technical Report (NI 43-101), dated 14 February 2022, prepared by OreWin Pty Ltd,
Kabanga Ni (Tanzania)
Ni-Cu-Co · East African Rift
DevelopmentLifezone Metals, via Kabanga Nickel Limited (KNL) holding 84% of Tembo Nickel Corporation Limited (TNCL)
Lifezone 100% of KNL (post-BHP exit July 2025); KNL 84% of TNCL; Government of Tanzania 16% free-carried at TNCL level
Lifezone Metals Kabanga resource page; Feasibility Study TRS Form 6-K filed 18 July 2025; July 2025 ownership consolidat
Ngualla REE
REE · East African Rift
DevelopmentMamba Minerals Corporation Limited / Mamba Refinery Corporation Limited
Project entities 84% Peak (now Shenghe-controlled post Sept 2025 scheme) + 16% Government of Tanzania free-carried
Peak Rare Earths BFS Update 24 Oct 2022; Tanzania ownership/licence disclosures; Shenghe acquisition disclosures [Source
Khoemacau Z5
Cu-Ag · Kalahari Platform
OperatingMMG (55%) / CNIC (45%)
JV held via Cuprous Capital Ltd; MMG completed acquisition March 2024; MMG 55% + CNIC Corporation Limited 45%
MMG 2024 Annual Report MROR (JORC 2012); MMG acquisition Mar 2024; expansion announcements Feb-Mar 2026 [Sourced 2026-05
Motheo
Cu · Kalahari Platform
OperatingSandfire Resources (100%)
Wholly owned via Tshukudu Metals Botswana subsidiary. MMG has no equity stake; conflation with Khoemacau confirmed.
Sandfire ASX Update Aug 2025 (JORC 2012); supersedes 2023 NI 43-101 [Sourced 2026-05-02]
Sukari Au (Egypt)
Au · Arabian-Nubian Shield
OperatingSukari Gold Mining Co (SGM): AGA 50% (via Centamin) / EMRA 50%
AGA 50% via Centamin acquisition Nov 2024; EMRA (Egyptian Mineral Resources Authority) 50% with 50% profit-sharing interest
AGA Sukari S-K 1300 TRS effective 31 Dec 2025 (filed SEC March 2026); AGA 2025 R&R Report [Sourced 2026-05-02]
Balama Graphite
Graphite · Mozambique Belt
OperatingSyrah Resources, via Twigg Exploration and Mining Limitada
Syrah-controlled via Twigg; no verified change of control during force majeure period
Syrah Resources Reserves & Resources page (current as retrieved 2026-05-02); Q1 2026 update [Sourced 2026-05-02]
Mogalakwena
PGE-Cu-Ni · Kaapvaal Craton
OperatingValterra Platinum Limited (100%, via Rustenburg Platinum Mines Ltd)
Formerly Anglo American Platinum; demerged May 2025; full independence Sept 2025 after Anglo's 19.9% exit; JSE: VAL
Valterra Platinum 2025 Integrated Report (released March 2026); Q1 2026 Production Report [Sourced 2026-05-02]

Stakes are as at each record's last review; ownership changes are tracked through the audit log. State free-carried interests and non-dilutable government stakes are shown where disclosed — material to any change-of-control or partnering assessment.