ASX-listed Lucapa Diamond Company plans to undertake a nonrenounceable rights issue on a 1 for 5 basis with a free attaching options exercisable at $0.10 each and expiring two years from the date of issue. If fully subscribed, the intended rights issue…
Lucapa to raise about $5.25m Read More »
Dual-listed Alphamin Resources has announced a proposed nonbrokered private placement of up to $35-million as a prepayment against $98-million of senior secured debt. Alphamin has announced an agreement in principle for up to a 31% reduction in debt, r…
Alphamin to raise $35m to reduce debt Read More »
Diamond miner Gemfields has become the first and only gemstone producer to be recognised as a corporate member by Voluntary Principles. A globally recognised initiative by governments, companies and nongovernmental organisations (NGOs) to confront huma…
Gemstone recognised as corporate member by Voluntary Principles Read More »
Ruby and emerald miner Gemfields has become the first and only gemstone producer to be recognised as a corporate member by Voluntary Principles. A globally recognised initiative by governments, companies and nongovernmental organisations (NGOs) to conf…
Gemfields recognised as corporate member by Voluntary Principles Read More »
JSE-listed Merafe Resources’ attributable ferrochrome production from the Glencore-Merafe Chrome Venture decreased by about 3.6% year-on-year to 100 000 t for the quarter ended March 31. This compares with attributable production of about 104 000 t in …
Merafe reports lower ferrochrome output Read More »
Despite the need to adjust and reschedule many tasks owing to Covid-19, Aim-listed Kefi Minerals remains focused on the preparations and finance milestones to enable major site activities to start at the Tulu Kapi gold project, in Ethiopia, from Octobe…
Kefi continues to progress Tulu Kapi despite Covid-19 impact Read More »
The National Union of Mineworkers (NUM) Matlosana Region has rejected the issuing by Village Main Reef (VMR) of Section 189 notices, setting out the proposed retrenchment of 6 309 mineworkers from the Tau Lekoa mine, the Kopanang mine and the West Gold…
NUM rejects Village Main Reef’s retrenchment plans Read More »
London-listed Kavango Resources, which is targeting the discovery of world-class mineral deposits in Botswana has recorded recent progress across its portfolio of projects − the Kalahari Suture Zone (KSZ), the Kalahari Copper Belt (KCB) and Ditau. Ten …
Kavango continues to make progress at Botswana assets Read More »
Dual-listed Danakali has appointed Africa Finance Corporation (AFC) president and CEO Samaila Zubairu and Taiwo Adeniji AFC senior director for investment operations and execution as nonexecutive directors of its board. Danakali says they will bring s…
Danakali appoints two AFC directors to its board Read More »
The Covid-19 outbreak is poised to strengthen the electric vehicle (EV) momentum, as well as the markets for cobalt and copper, says Eurasian Resources Group (ERG) CEO Benedikt Sobotka. He notes that the drive towards EVs has been relentless over the…
Post-Covid-19 EV growth to bolster copper, cobalt demand − ERG Read More »
