Mowana Copper Project in Botswana close to continuous production
In the latter part of March 2017, Alecto Minerals, the African focused gold and
copper exploration and development company, announced ...
Africa's mineral industry: what's changed over the last decade?
The mining environment of today is a vastly different ball game to what
it was 10 years ago. The commodities boom of the 2000s is over,
and companies need to be ...
Gold Price Boosts Sibanye Profits
ibanye Gold, South Africa’s largest individual gold producer,
has recently reported strong financial results in the first half
of 2016. This is a result of a ...
De Beers and Namibia sign 10-year agreement
De Beers, a subsidiary of Anglo American, and the Namibian
government have signed a 10-year sales agreement. Through
Namdeb, De Beers and the Namibian government are granted
equal rights to sort, value
West Africa an option for Harmony Gold
Harmony Gold Mining Company Limited is contemplating plans
for an expansion strategy into Africa. This would enable the company
to effectively mitigate the risk currently
Lesotho gearing up for unprecedented mining boom
The mining industry in Lesotho is set to take off, with a committed
and sustained government effort to establish legislative frameworks
and infrastructure currently ongoing.
Tanzania mining industry set for big boost in 2016
he Tanzanian mining industry is set for a big boost in the latter
half of 2016, with construction of the Mchuchuma coal and Liganga
iron ore projects in Tanzania’s Mbeya Region, set to commence.
Barrick vs Newmont: The Battle of 2016’s Top Gold Producer
In the race to become 2016’s highest producing gold miner, a recent
analysis of both companies’ 2015
results suggest that Newmont
could overtake Barrick Gold for the top spot.
Northam Platinum operations under pressure
This is a result of the global economic outlook and low US dollar
metal prices which affect Northam Platinum
as an exporter of
platinum group metals (PGMs) to global markets.
Kibali to exceed production guidance
Kibali gold mine, in north-eastern Democratic Republic of Congo (DRC),
is set to exceed its
expected production of 600 000 oz for 2015.
Shallow, wide, massive graphite intercepted at Lindi Jumbo
SX-listed Walkabout Resources announced early in October 2015 that
it had intercepted shallow and wide
massive graphite layers, displaying
flakes larger than 1 mm, at its Lindi Jumbo graphite project site in
eastern Tanzania with its initial reverse circulation drilling.
Gold Fields profits while South Deep remains problematic
Gold Fields has seen a considerable improvement at the end of the
second quarter despite the falling gold price
and the continued troubles
at South Deep mine – Gold Fields’ remaining gold mine in SA.
Goldstone Resources completes successful auger sampling for
Homase / Akrokerri Project expansion
Goldstone Resources Ltd. has recently completed additional auger sampling
over eight high-priority gold targets along
or in close proximity to the
company’s 602 000-ounce Homase / Akrokerri Project deposit in Ghana,
Drilling begins at Miyabi Gold Project in Tanzania
Australian-listed Rift Valley Resources has begun drilling at its wholly-owned
Miyabi Gold Project in Tanzania. Located
200 km south of Mwanza within
the Lake Victoria Goldfields of Tanzania, Miyabi lies 50 km east of Acacia Mining’s
Buzwagi gold mine, and 30 km south of Resolute Mining’s Nyakafuru project.
B2Gold's Otjikoto Mine Officially Opened
Built in only 18 months, the first gold produced at the Otjikoto mine was poured in
December last year after more than
4 million working hours and with only two downtime
incidents and no fatalities.
CoAL granted New Order Mining Right for Makhado Project
The South African Department of Mineral Resources (DMR) recently granted
a New Order Mining Right (NOMR) to Coal
of Africa Limited (CoAL) for its
flagship Makhado hard Coking And Thermal Coal Project. In addition,
the DMR granted ...
Sasol on home-stretch on Secunda’s R15.3 billion Mine Replacement Project
Sasol, in a press conference held at Impumelelo Mine in early May 2015, has
stated that its R15.3 billion Coal Mine
Replacement Project in Secunda, Mpumalanga, will be completed within the next year.
New Liberty “on-track” to deliver gold next month
Aureus Mining has, as of 14 April 2015, started commissioning the major circuits
for its New Liberty mine in Liberia,
as it gears for the country’s first
commercial production of gold next month.
Gakara Rare Earth Project secures $12 million funding to commence operations
Mining house Rainbow Rare Earths has secured $12 million in investment funding
to begin mining rare earth minerals
at the Gakara Rare Earth Project,
in Burundi’s Bujumbura province.
Critical milestone reached in Bakubung development project
The Bakubung Platinum Mine development project reached a critical milestone
end of March 2015 when the UG2 platinum reef was intercepted
while developing the 77th
level at the main shaft. The mine, located on the ...
Full steam ahead for Liqhobong diamond project
Firestone Diamond’s Liqhobong project, in Lesotho’s Berea province, commenced
in 2014, which allowed the mine owner to narrow its 2015 interim
loss to $4.4 million.
on the Liqhobong pipe began in June and
is expected to be completed by mid-2016.
Palabora Copper's R 9.3 billion extension project approved
Palabora Copper, part of the Palabora Mining Company, has been given the
green light as its
shareholders have opted to implement the life-of-mine
extension project as of March 2015.
Study confirms potash mining potential in Ethiopia
"Significant potential to extract potash in North Eastern Ethiopia’s Danakil
depression", was the finding of
an independent feasibility study conducted on
behalf of Yara International, Norwegian fertiliser firm.
Malawian Mining Act Reviewed: Reforming the Industry
The Malawian mining landscape will soon see a drastic re-focus as the process
of reviewing the Mining and
Minerals Act (1981) has, as of December 2014,
African mining receives private equity injection of R3.5 billion in 2014
Africa was the recipient of over R3.5 billion in private equity mining investments
during 2014, a report released by
Berwin Leighton Paisner (BLP) this week describes.
Yaramoko Gold Project gets green light Burkina Faso
The Government of Burkina Faso in West Africa has granted final permitting
approval to Toronto-listed Roxgold
for the Yaramoko Gold Project. The
project consists of a single permit and covers an area of ...
Tschudi Commences Copper Production in Namibia
Base metal mining company Tschudi (part of Weatherly International, situated
20 kilometres west of Tsumeb)
is set to commence its copper production in
Namibia this February – months ahead of schedule.
Epanko Graphite Project awaits massive increase in production
Following a mining and processing schedule review at its 100%-owned Epanko
Graphite Project, Kibaran
Resources Limited has announced a two-stage
production upgrade that will increase the mine’s graphite
40 000 tpa to 100 000 tpa in the next five years. The internally-funded
expansion plan indicates an NPV of $251 million.
MOU aims for Nachu Graphite Plant 2015 development in Tanzania
Australian-listed Magnis Resources Limited and China Railway 24th Bureau
Group Co., Ltd. have signed a
Memorandum of Understanding (MOU) to
enter into formal negotiations to secure a contract for engineering,
procurement, construction and contract mining for the Nachu Graphite
Plant in Tanzania.
BHP Billiton and Rio Tinto: the new players in the copper market
After years of success in the iron ore market, BHP Billiton and Rio Tinto
(in both separate and joint ventures) have
shifted their focus to the copper
industry. The industry, an investor’s haven with the global market valued at ...
New high-grade ore discovered at Kipushi Mine
Additional, exceptionally high-grade silver, zinc and copper drill intercepts
have been reported in the third batch of
assay results from Canadian-listed
Ivanhoe Mines’ Kipushi copper, zinc, germanium, lead and precious metals
in the Democratic Republic of Congo (DRC).
Additional Funding for Makabingui Gold Project
Makabingui Gold Project in Senegal, owned by Australian-listed Basari Resources,
has acquired additional funding to
the tune of US $ 1 million from surface mining
and earthworks specialists BCM International. Funds raised will be applied
development activities for the Makabingui Gold Project and its working capital.
Mining rights for Platreef Project granted
Mining rights approval for the development and operation of Ivanhoe Mines’
Platreef Project was granted on 5 November 2014. Ivanhoe Mine, a Canadian-listed
exploration and development company,
plans a multi-phased mine development
on its Platreef discovery, with the licence authorising it to mine and process
platinum-group metals, nickel, copper, gold, silver, cobalt, iron, vanadium
African Potash Limited second exploration drill hole promises
African Potash, the AIM listed company focused on sub-Saharan potash assets,
has completed and intersected multiple potash
seams at its second exploration
drill hole at its Lac Dinga Potash Project in the Republic of Congo. This drill
hole was defined on
the interpretation of approximately 415 line kilometres
of 2D oil industry seismic data, which successfully intersected potash
mineralisation. It drill hole is situated at one of two target locations.
BHP Billiton to create independent global metals and mining company
International mining giant BHP Billiton reports that, following the transformational
growth of its major businesses, it now has two “great”
within its portfolio. As such, the mining house plans to create an ...
CoAL sells Mooiplaats Colliery to Blackspear
Australian mining company Coal of Africa Limited (CoAL) has signed a Sale
and Purchase Agreement for the disposal of its Mooiplaats
thermal underground colliery in the Ermelo Coalfield in
a wholly-owned subsidiary of Blackspear Holdings
Proprietary Limited for
a gross consideration of ...
Boikarabelo Coal Project development progresses despite
earthworks contractor’s liquidation
The Boikarabelo Project (Ledjadja Coal joint venture), in the Waterberg Region,
Limpopo Province, experienced a setback when its main
onsite earthworks contractor,
Protech Kuthele, was placed into liquidation. Consequently, earthwork activity
for the rail link, site infrastructure
and roads ...
Mining licence and convention approve for Zanaga iron ore project
The Zanaga iron-ore project in the Republic of Congo has been granted a
25-year mining licence with a renewable option for 15-year
a joint-venture between Aim-listed Zanaga Iron Ore Company (ZIOC) and
diversified miner Glencore, have entered
into a convention with the government of Congo.
Otjikoto Gold Project increases ore throughput estimate
The Otjikoto Gold Project, a joint venture between B2Gold (90%) and EVI (10%)
located 300 kilometres north of Windhoek in
its 2015 ore
throughput estimate up from 2.5 million tonnes per year to 3 million tonnes per year.
The mine has, consequently,
also revised its
annual gold production from the
main Otjikoto pit from approximately 141 000 ounces to about 170 000 ounces
is completed at
the end of 2015.