The mining industry in the Democratic Republic of Congo (DRC) is being negatively impacted on by the Covid-19 pandemic, but it is proving to be resilient and there are several opportunities for the industry post-Covid-19 . This was indicated by speake…
Speakers outline impact of pandemic on DRC, note opportunities Read More »
JSE-listed integrated resources group Tharisa mined 2.27-million tonnes of reef in the six months ended March 31, a 2.3% year-on-year increase. Tharisa, which is led by CEO Phoevos Pouroulis, owns and operates the large-scale openpit Tharisa Minerals p…
Tharisa records solid results in difficult interim period Read More »
TSX-listed Giyani Metals is undertaking a nonbrokered private placement of units to raise up to $1.2-million in immediately available new funding. Moreover, certain of the shares for debt transactions originally announced on May 6 have been approved by…
Giyani to raise funds Read More »
Aim-listed Arc Minerals has acquired a further 20% interest in Zaco Investments, which owns the Zaco exploration licence, in Zambia. Arc now owns 72.5% of Zaco Investments’ shares, with the balance held by Kopara Investments − Arc’s partner at Zamsort.
Arc raises stake in Zaco to 72.5% Read More »
The National Bank of Ethiopia, Ethiopia’s central bank, has approved signed term sheets with the project finance banks that will provide the long-term development debt finance for Aim-listed Kefi Minerals’ Tulu Kapi gold project. The company says this …
Kefi receives central bank approval for proposed Tulu Kapi debt finance Read More »
Aim-listed Vast Resources has raised in aggregate £901 416.66 through a placing and a subscription of ordinary shares in the company. The placing was undertaken by the company’s joint broker Axis Capital Markets.
Vast raises more than £900 000 to advance Baita Plai Read More »
Aim-listed Vast Resources has raised in aggregate £901 416.66 through a placing and a subscription of ordinary shares in the company.
The placing was undertaken by the company’s joint broker Axis Capital Markets.
The cash raised from the placing and …
Vast raises more than £900 000 to advance Baita Plai Read More »
Aim-listed Katoro Gold and Power Metal Resources (POW) have agreed to extend the deadline for an investment and option agreement over the Haneti polymetallic project, in Tanzania, to May 31. On March 15, Katoro announced that it had entered into an inv…
Katoro, POW extend Haneti investment agreement deadline Read More »
In its continued efforts to defeat Covid-19, mineral sands producer Richards Bay Minerals (RBM) is issuing its permanent employees, contract workers and their immediate families with cloth masks. Employees are also being issued with personal thermomete…
RBM steps up Covid-19 health and safety measures for employees, nearby communities Read More »
Aim-listed Kefi Minerals says the current gold price has highlighted the strong investment case for its Tulu Kapi project to both investors and the Ethiopian government. "The outlook is for the gold price to continue to increase as interest rates r…
Kefi remains upbeat about Tulu Kapi’s potential Read More »
