Pangolin Diamonds on Monday closed a nonbrokered private placement financing for aggregated gross proceeds of $848 860. The proceeds will be used to continue exploration at the company’s wholly owned exploration projects in Botswana, including the Phas…
Pangolin Diamonds raises $848 860 for exploration Read More »
The Minister of Mineral Resources and Energy in Mozambique has conditionally awarded two mining concessions – 9735c and 9229C – for the Mutamba heavy mineral sands project – a joint venture between Savannah Resources and Rio Tinto. Mining concession 97…
Mutamba project mining concessions conditionally awarded Read More »
The National Union of Mineworkers (NUM) has expressed concern about the death of an employee at the Two Rivers platinum mine, a joint venture operation between African Rainbow Minerals and Impala Platinum, in Limpopo. The union on Tuesday said moving m…
Mineworker dies at Two Rivers platinum mine Read More »
Research firm Fitch Solutions expects rises in precious metals prices to last longer than previously expected, driven by various factors. In a statement published on Monday, the firm said higher prices mainly reflected the dovishness of global central …
Precious metal price rises to continue – Fitch Solutions Read More »
ASX-listed gold developer West African Resources has strengthened its board and management team as construction advances, and the company prepares for mid-2020 production at the Sanbrado gold project in Burkina Faso. MD Richard Hyde has been promoted t…
West African Resources strengthens management team Read More »
JSE-listed Northam Platinum has completed a private placement of domestic medium-term notes to the value of R500-million under its R5-billion domestic medium-term note programme. The new notes will mature over one year from the date of issue.
Northam completes private placement Read More »
Dual-listed Mkango Resources has appointed Senet, a DRA Global company, as lead engineer and project manager to complete the feasibility study for the Songwe Hill rare earths project in Malawi. The study is being funded by Mkango’s strategic partner, T…
Mkango appoints Senet as lead engineer for Songwe Hill feasibility study Read More »
Underground mine development at Canadian-headquartered Ivanhoe Mines’ Kamoa-Kakula copper mine, in the Democratic Republic of Congo, has reached the edge of the high-grade ore within the deposit as mining advances toward zones in excess of 8% copper. T…
Ivanhoe’s Kamoa-Kakula reaches edge of high-grade ore Read More »
Dual-listed Jubilee Metals Group on Thursday announced that the joint venture platinum group metals (PGM) recovery plant targeted for the recovery of the PGM-rich material owned through its subsidiary Windsor SA has successfully been commissioned and i…
Jubilee’s Windsor PGM project fully operational Read More »
LSE-listed Gem Diamonds continues with the successful implementation of its business transformation programme, which is aimed at achieving $100-million in incremental revenue, productivity improvements and cost savings to the end of 2021. Reporting on …
Gem’s cost-cutting drive on track Read More »
