Gold explorer and developer Sarama Resources has launched a private placement to raise up to C$3-million. The proceeds will be used to undertake a variety of work, including a mineral resource update on the South Houndé project, in Burkina Faso, high-v…
Sarama to raise C$3m Read More »
Anthony Mukutuma has been appointed GM of dual-listed First Quantum Minerals’ multimillion-dollar Kansanshi mine, in the Solwezi District of North Western province. He is the first Zambian to hold the post of GM at Kansanshi, which is the largest copp…
New GM appointed for FQM’s Kansanshi mine Read More »
Gold miner Caledonia Mining’s Blanket mine, in Zimbabwe, produced about 13 499 oz of gold in the quarter ended June 30. This is an increase of about 6.2% on the 12 712 oz produced in the corresponding quarter of 2019.
Caledonia’s Blanket mine records strong production Read More »
Dual-listed GoviEx Uranium has received a letter from the Mining Cadastre Department of Zambia notifying the company that it had terminated the Chirundu mining licence. Under the Zambian Mines and Minerals Development Act of 2015, GoviEx has been give…
GoviEx to appeal termination of Chirundu mining licence Read More »
West Africa-focused Cora Gold has recorded notable results from ongoing exploration programmes from its regional portfolio of permits in west Mali and Senegal. Results from exploration programmes continue to enhance the permits’ prospectivity and ident…
Cora records notable results in Mali, Senegal Read More »
Dual-listed Resource Generation (Resgen) has recorded changes to the common terms agreement for its mine funding package, in noted in its market update. On December 5, 2019, the company announced that, along with its majority owned subsidiary, Ledjadja…
Resgen extends sunset date for Boikarabelo funding agreement Read More »
JSE-listed Northam has acquired an additional 11.72-million Zambezi Platinum preference shares for R959.7-million. Northam will now hold more than 65-million Zambezi preference shares, representing about 40.71% of all Zambezi preference shares in issue.
Northam increases Zambezi preference share holdings to 40.71% Read More »
TSX-listed Deep-South Resources and Teck Namibia, a wholly owned subsidiary of Teck Resources, have agreed to amend the sale agreement of February 2017, whereby Deep-South acquired Teck’s interest in the Haib Copper project, in Namibia. The sale agreem…
Teck Namibia to potentially gain 26.9% interest in Deep-South Read More »
Global iron-ore consumption is likely to decrease by 2.8% this year, as a result of the impact of Covid-19 on the mining sector, as well as owing to decreased demand in the automotive industry, says analytics and data company GlobalData. It points out …
GlobalData expects iron-ore consumption to decrease 2.8% this year Read More »
Aim-listed Power Metal Resources has completed the registration of the additional claims at its Alamo gold project in Arizona, in the US. The follows a previous update where the company confirmed that following a successful site visit in January, its l…
Power Metal records update at Alamo in the US Read More »
