LSE-listed Kenmare Resources, a global producer of titanium minerals and zircon, which operates the Moma Titanium Minerals Mine in northern Mozambique, has signed debt facilities with Absa Bank, The Emerging Africa Infrastructure Fund, Nedbank,...
TSX-listed Teranga Gold Corporation reports that It has entered into a definitive agreement pursuant to which it will acquire a 90% interest in the Massawa gold project in Senegal It will acquire this from a wholly-owned subsidiary of NYSE-listed...
South Africa’s power challenges continue to significantly impact business and industrial operations throughout the country, with the utility declaring a power system emergency, and an unprecedented move to Stage 6 load shedding on Monday, 9...
West-Africa gold-focused Perseus Mining reports that a mining convention was executed between the government of Côte d’Ivoire and Perseus’s Ivorian subsidiary, Perseus Mining Yaouré SA. The convention provides a guarantee of fiscal stability and...
Diversified miner Rio Tinto has decided to curtail operations at Richards Bay Minerals (RBM) in South Africa to ensure the safety and security of its employees due to an escalation in violence in the communities surrounding the operations. It said...
Independent producer of large exceptional quality Type IIa diamonds, Lucara Diamond Corporation, said that the company forecasts revenues between $180 million and $210 million in 2020. These projections, it added, include “specials”,...
JSE-listed Orion Minerals reports that positive results from ongoing value engineering and optimisation studies on the Prieska Copper-Zinc project are currently being incorporated into an optimised bankable feasibility study (BFS). The company is a...
ASX-listed diversified mining services company Perenti has reported that its wholly-owned African Mining Services (AMS) surface mining business has issued a notice of “force majeure” in relation to the Boungou project. This follows the tragic...
ASX-listed Lucapa Diamond Company has reported that it is in advanced discussions with the Angolan Ministry of Mineral Resources and Petroleum and Angola’s national diamond company Endiama E.P. to potentially secure a majority stake in the Project...