Metals streaming transactions as a way to raise capital for development or acquisition financing is gaining popularity among African mining companies, says Baker McKenzie managing partner Morne van der Merwe and Banking and Finance head Wildu du Plessi…
Metals streaming transactions to raise capital gain traction in Africa – Baker McKenzie Read More »
AfriTin Mining has discovered significant grades of lithium, in addition to tin, in pegmatites in the ML 133 licence, located in the Nainais area, near its Uis tin mine, in Namibia. Recent test work indicates that the most abundant lithium-bearing mine…
AfriTin discovers lithium occurrences at Namibia licence Read More »
Initial results from Arc Minerals’ airborne geophysical and soil sampling programme at the Zamsort copper/cobalt project, in north-western Zambia, have identified significant new target areas. Two large new targets – Cheyeza West and Lumbeta – have bee…
Significant new target areas discovered at Zamsort Read More »
Africa-focused Altus Strategies has defined a series of drill targets to test the potential of expanding the Diba gold project, strategically located 13 km south of the multimillion-ounce Sadiola gold mine in the Kenieba Window gold belt in Mali. The p…
Altus defines drill targets at Diba Read More »
The measured and indicated mineral resource at Mkango Resources’ Songwe Hill Rare Earths project, in Malawi, has increased by about 60% to 21-million tonnes. The results of an updated mineral resource estimate, published on Monday, further show that th…
Songwe Hill mineral resource increases by 60% Read More »
South Africa’s mining industry contributed R356-billion to the country’s gross domestic product (GDP) in 2018, an increase on the R335-billion contribution in 2017, the Minerals Council South Africa ‘Facts and Figures 2018 Pocketbook’ shows. The pocket…
Minerals Council reports mining industry’s 2018 successes Read More »
JSE-listed Impala Platinum (Implats) expects to report a 10% year-on-year increase in refined platinum production to 800 000 oz for the six months ended December 31, compared with the 727 000 oz produced in the six months ended December 31, 2017. The i…
Implats expects higher H1 output, earnings a share Read More »
While many industrial commodities fell victim to geopolitical and macroeconomic woes in 2018, Eurasian Resources Group (ERG) CEO Benedikt Sobotka expects to see a strong upside for cobalt and copper this year as underlying demand rallies. With some add…
Underlying demand growth remains a boon for cobalt and copper – ERG Read More »
Katanga Mining, which is a subsidiary of diversified major Glencore, says its cobalt debottlenecking project is progressing on schedule. In an update to shareholders published on Friday, the Democratic Republic of Congo-based company said three new fil…
Katanga advances cobalt debottlenecking project Read More »
DRDGold’s production decreased by 5% quarter-on-quarter in the second quarter ended December 31, primarily as a result of an 8% drop in tonnage throughput. The lower throughput from Ergo Mining, a joint venture between DRDGold and Mintails, was mainly …
DRDGold’s Q2 production down 5% q/q Read More »
