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ll systems go for Debswana’s Cut 8 project

The world’s leading diamond company, Debswana, has started
processing ore from the $3-billion expansion of its Jwaneng
diamond mine, popularly known as Cut 8.

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Shanta Gold Q1 update: higher production & improved margins

Tanzanian mining powerhouse, Shanta Gold, recently announced
that its New Luika gold mine produced 20 416 oz of gold in the quarter
ended March 31, improving the company’s margins and keeping it
on track to meet its 2017 guidance.

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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.

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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.

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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.

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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.

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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.

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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 south
eastern Tanzania with its initial reverse circulation drilling.

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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.

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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, revealing ...

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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.

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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.

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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 ...

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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.

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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.

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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.

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Critical milestone reached in Bakubung development project

The Bakubung Platinum Mine development project reached a critical milestone towards the
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 ...

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Full steam ahead for Liqhobong diamond project

Firestone Diamond’s Liqhobong project, in Lesotho’s Berea province, commenced construction
in 2014, which allowed the mine owner to narrow its 2015 interim loss to $4.4 million. Construction
on the Liqhobong pipe began in June and is expected to be completed by mid-2016.

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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.

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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.

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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, commenced.

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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.

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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 ...

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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.

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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
output from 40 000 tpa to 100 000 tpa in the next five years. The internally-funded
expansion plan indicates an NPV of $251 million.

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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.

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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 ...

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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 mine
in the Democratic Republic of Congo (DRC).

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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
to development activities for the Makabingui Gold Project and its working capital.

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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 and chrome.

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African Potash Limited second exploration drill hole promises
mining opportunities

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.

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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”
companies embedded within its portfolio. As such, the mining house plans to create an ...

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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
Colliery, the thermal underground colliery in the Ermelo Coalfield in Mpumalanga, to a wholly-owned subsidiary of Blackspear Holdings
Proprietary Limited for a gross consideration of ...

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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 ...

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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
periods. Its operators, 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.

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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 Namibia,
has revised 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 when expansion
is completed at the end of 2015.

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