While structural transformation has been lacking and deindustrialisation has been occurring in South Africa, research and development (R&D) and innovation have been found increasingly inadequate, speakers said at a University of Johannesburg- (UJ-)…
UJ colloquium delves into the current state of 4IR adoption Read More »
Aim-listed Edenville Energy has reported operational delays, owing to working capital constraints and the start of the rainy season in November, in Tanzania, where the company is developing the Rukwa coal and power project. The company on Friday said p…
Edenville warns of capital constraints, operational delays Read More »
Ghana wants to finalise its fundraising plans for 2020 as soon as possible so that the government can secure finance for flagship programs ahead of next year’s general elections. The West African country wants to issue a Eurobond and conclude a $750-mi…
Ghana plans swift sale of 2020 Eurobond and mining fund IPO Read More »
Indonesian coal miner PT Arutmin Indonesia, a unit of PT Bumi Resources, has proposed extending its contract and converting it to new licensing system, the energy ministry said.
According to a 2009 mining law, coal miners in Indonesia are required to …
Indonesia coal miner Arutmin seeks contract extension, says ministry Read More »
Lithium miner Alita Resources Ltd’s administrators said on Friday the company has entered into a A$70-million ($47.50-million) loan facility agreement with China Hydrogen Energy Ltd to pay back its biggest shareholder.
Earlier this year, Galaxy Resour…
Australia’s Alita Resources plans for loan to repay largest shareholder Read More »
The Mozambique government has approved London-listed Kenmare Resources’ environmental, social and health impact assessment for the road to the Pilivili ore zone, near its Moma titanium mine, in Mozambique.
Kenmare plans to increase its production to …
Kenmare gets go-ahead for road to Pilivili for plant-moving strategy Read More »
The share price of both ASX-listed Focus Minerals and Horizon Minerals faltered on Friday on news that the A$55-million sale of the Coolgardie gold project, in Western Australia, was unlikely to proceed.
Horizon in February this year entered into an e…
Coolgardie sale poised to fail Read More »
ASX-listed De Grey Mining will raise A$5-million in a share placement to sophisticated and professional investors.
The company on Friday said that it would place 111.1-million shares, at 4.5c each, under its existing placement capacity.
De Grey raises A$5m for exploration Read More »
Gold miner Troy Resources on Friday told shareholders that a restart of operations at the Karouni gold project, in Guyana, would be dependent on a number of issues, including securing additional funding.
Troy in October this year suspended operations …
Karouni restart facing several issues – Troy Read More »
Uranium developer Peninsula Energy will raise A$9.1-million through a share placement and entitlement offer to fund work at its Lance uranium project, in Wyoming.
An initial A$7-million will be raised through an institutional placement, with 42.42-mil…
Peninsula raises cash for Wyoming uranium project Read More »
