Most of the South African companies that were funded by dti to participate in the 15th edition of the DRC Mining Week exhibition say it has produced good trade leads and tangible results for them.
Speaking during the Development bank of South Africa (DBSA) Investment Summit in Ghana, the South African High Commissioner to Ghana stated that South Africa regards Ghana as a strategic partner on the continent.
IFC and MIGA, members of the World Bank Group, have announced a $460 million debt and guarantee package to support the sustainable development of the Guinea Alumina Corporation bauxite project.
The Board of Directors of Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia, have approved the construction of the first ever custom-built diamond recovery vessel.
Saudi Arabia’s largest mining company, Ma’aden, will make its first international acquisition with the purchase of an African Fertilizer distribution company.
Vimetco names Afreximbank financial adviser for $130-million Sierra Leone bauxite mine expansion project
The African Export-Import Bank has been selected to serve as the exclusive financial adviser and mandated lead arranger for the $130-million bauxite mine expansion project by Sierra Mineral Holdings Limited.
Canadian-based gold mining and exploration Komet Resources Inc has entered into an agreement to sell all the issued and outstanding shares that it holds in the share capital of its subsidiaries in Burkina Faso.
Mining company has announced that it has received final TSX Venture Exchange approval to complete its previously announced share consolidation.
Vantage Capital, Africa’s largest mezzanine debt fund manager, has announced that it has fully exited its investment in Thebe Timrite.
More than a quarter of Tiffany's 1500 global diamond cutters and polishers are now based in Africa.
National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets will offer comprehensive ground handling and cargo services in Mozambique beginning July 2019.
DR Congo’s newly elected President Felix Tshisekedi and Barrick Gold Corporation’s Executive Chairman John Thornton have confirmed their partnership to develop the country’s gold mining industry.
Square Kilometre Array milestone reached in South Africa with adoption of environmental management plan
The Department of Science and Technology has welcomed the adoption of the Integrated Environmental Management Plan for phase one of the Square Kilometre Array in South Africa.
Asante Gold Corporation has announced that a new mining technique, Sustainable Mining by Drilling, SMD, is currently under review by the Company for its future application at its Kubi Gold project in Ghana.
Eni Angola, representing Sonangol - Concessionaire and the partners of Block 15/06 - Sonangol P&P and SSI, signed a new donation contract with HALO Trust in support of the demining activity in the country.
Advisory and fund management group, MafAfrique, has committed to raising and investing up to $7 Million in Tankaz minerals, Tanzania.
AngloGold Ashanti achieved guidance for the sixth consecutive year, with improved margins driving significant growth in free cash flow generation.
Armadale has signed an MOU for a proposed offtake agreement with the Matrass Group for high quality graphite products produced at the Company’s Mahenge Liandu Graphite Project in Tanzania.
Handa Mining Corporation signs joint venture agreement to develop copper processing plant in South Africa
Handa Mining Corporation has signed a joint venture agreement with O’Okiep Copper Company and SHIP Copper company to fund and build a processing plant in South Africa.
Gold mining company Roxgold Inc. has entered into an agreement with Newcrest West Africa Holdings Pty Ltd to acquire a portfolio of 11 exploration permits in Côte d'Ivoire.
Global digital technology and operations company Accenture has announced plans to launch a new Applied Intelligence Studio for Mining in Johannesburg.
Giyani Metals Corp has entered into a non-binding term sheet with Traxys Africa Trading (Pty) Ltd which sets out terms for an investment of $1 million in the form of a secured convertible loan facility.
Barrick Gold Corporation, owners of the Lumwana copper mine, says it is continuing to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for the operation.
Canadian exploration company Giyani Metals Corp has announced the completion of the environmental management plan (EMP) for its Lobatse manganese prospect in Botswana.
A pilot programme to reduce lead poisoning in Nigerian gold mining communities has brought extraordinary improvements to an area where hundreds of children had died from lead poisoning.
Armadale has entered into final formal sale agreement with African Royalty Company Limited for the sale of the Mpokoto Gold Project in the Democratic Republic of Congo.
Nexus Gold Corp has reported initial sampling results from the recently acquired, 100 per cent -owned, 98-sq km Dakouli 2 Gold Project.
Ophir Energy has announced that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended.
[Mauritania] Government grants Algold Resources one year extension to complete Tijirit feasibility study
Algold Resources Limited has announced that the Mauritanian Ministry of Oil, Energy and Mines has granted a 12-month extension to the Corporation for the completion of the Tijirit Gold Project feasibility study.
Canadian mineral exploration company African Metals Corporation has completed the sale of all or substantially all of its assets as approved by special resolution of its shareholders.
A pole for diamond-cutting factories, a professional technical school and other diamond-related industries in Angola are set to be inaugurated this year.
Gold producing company Endeavour Mining has completed the sale of its interest in the non-core Tabakoto mine located in South Western Mali to Algom Resources Limited.
Mauritania is serious about “rolling out the welcome mat” to foreign direct investment (FDI) following the launch of an online investment guide in the capital Nouakchott on 22 November.
Gold mining company Roxgold Inc.has announced completion of the Bagassi South Project in Burkina Faso under budget and on schedule.
Africa Finance Corporation has announced the official opening of the Bel Air mine in Guinea-Conakry, a high-grade bauxite mine.
Rare earths exploration and development company focused on Malawi Mkango Resources Ltd., has announced that the Government of Malawi has granted a further two-year renewal.
At least 3.5 million euros have been invested by the Alaturca Pedras Naturais plant, a company belonging to the Bongani Investment group, in the second line of cutting and polishing of ornamental rocks,
Petra Diamonds has offloaded its Helam mine in South Africa for a total price of ZAR 200 ($14).
Female sapphire miners in Madagascar are among the nation’s hardest workers and poorest people, but their future is looking brighter, thanks to University of Queensland research.
Gold mining multinational Acacia Mining has signed a binding conditional agreement with its partner, Sarama Resources Ltd., to terminate the earn-in agreement for the South Houndé Project in south-western Burkina Faso.
The Department of Mineral Resources (DMR) has initiated a ground stability study to be undertaken in the Johannesburg area with immediate effect.
African Rainbow Minerals has been approved for a secondary listing on A2X Markets and will list on Thursday, 29 November 2018.
Exploration and development company African Gold Group intends to complete a best efforts non-brokered private placement financing of up to 20,000,000 units.
The South African government is pulling out all the stops to improve the country’s investment climate with the aim of attracting more investments to achieve the target of $100 billion worth of investments.
The Mineral and Petroleum Resources Development Amendment Bill has loomed over South African mining firms since 2014 and caused unwarranted uncertainty in a sector already suffering from rising costs and labour unrest.
A senior official of the UN Economic Commission (ECA), has told Cameroon’s development planning and statistics authorities that the law of the market, called ‘the invisible hand’ in economics, cannot by itself promote diversification, industrialization and the structural transformation of the economies.
The Government of Sierra Leone, in collaboration with the World Bank, has launched the second phase of the Extractive Industries Technical Assistance Project to support the artisanal mining sector in the country.
Terra Drone Corporation has established a new branch in South Africa specializing in drone solutions for underground and surface mining.
Blockchain technology came into being in the early 2009. This invention was faced with a lot of backlash as most people lacked prior information about it and were therefore not ready to risk investing in it.
Australian mining company Volt Resources (ASX:VRC) has formally received mining licenses ML 591/2018 and ML 592/2018 from the Mining Commission of the Ministry of Minerals of Tanzania.
International mining company Asanko Gold Inc. has launched the Asanko Women in Mining “Botae Pa Initiative” at the Asanko Gold Mine, AGM, in Ghana, West Africa.
South Africa-based original equipment supplier Weba Chute Systems has further extended its footprint into the northern hemisphere with the recent appointment of a licensee in Russia.
Asante Gold has announced that in addition to its previous disclosure re sourcing a 50:50 joint venture partner for the exploration and development of the Kubi Gold project in Ghana, that the company will now consider cash bids for a 100% buy-out.
THE USAID funded Fostering Accountability and Transparency (FACT) programme has launched a project aimed at increasing citizen awareness and engagement on the Extractive Industries Transparency Initiative (EITI) mechanism in Zambia.
Guinea’s fast-growing bauxite mining industry is threatening the livelihoods of thousands of Guineans, Human Rights Watch said in a report released today.
The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year.
Mineral exploration and development company Montero Mining and Exploration Ltd has signed a deal with the Jiang Xi Yun Lithium Materials Company Limited of China for joint cooperation and development of lithium production in Africa.
Caledonia Mining Corporation Plc has announced an upgrade to the resource base at its 49 per cent owned subsidiary, the Blanket Mine in Zimbabwe.
Four years after the oil boom ended and Central African countries faced a sudden reverse in their fortunes from the strong growth of the early 2000’s.
East Africa Metals Inc. has received Draft Model Agreements from Ethiopia’s Ministry of Mines, Petroleum and Natural Gas for the company’s Mato Bula and Da Tambuk Projects.
Members of the public are advised that the Department of Mineral Resources’ Mpumalanga Regional Office will be closed from Monday 3rd September 2018 until further notice.
The National Union of Mineworkers (NUM) has declared a wage dispute with the Minerals Council of South Africa.
Graphite exploration company Volt Resources Ltd has signed a second binding offtake agreement for graphite from the company’s pre-production Bunyu project in Tanzania.
Gold exploration company Ashanti Gold Corp. has announced first results for Gourbassi West from the recently completed 105 hole Reverse Circulation and Diamond Drill.
Canadian-based diversified industries corporation Maxtech Ventures Inc. has announced that Maxtech Mining Zambia's two large scale exploration licenses filed in Zambia have been validated by Zambia Minister of Mines.
Bankers Cobalt Corp. has entered an option with a private Namibian partner to acquire a 70 per cent interest in a prospective base metals, precious metals and industrial metals license located in Namibia.
The upcoming third edition of the Nigeria Mining Week in Abuja from 15-17 October 2018 will provide access to all the practical knowledge, valuable connections, decision makers for would-be and established mining companies.
Africa Finance Corporation, the continental infrastructure development finance institution in Africa, has announced the on-time completion of the Bel Air Mine in Guinea and loading of its first shipment of high grade bauxite to China.
Giyani Metals Corporation has signed a research collaboration program with Rhodes University, South Africa, regarding battery-grade manganese within the Company’s flagship Kanye manganese project in Botswana.
International diamond exploration company Pangolin Diamonds Corp., PAN, has finalized the commercial terms of the joint venture agreement with Makanwu Civil Blasting.
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated all petroleum operators to cancel all contracts with Canadian-based CHC Helicopters due to noncompliance of Equatorial Guinea’s national content regulations.
Australian mining company Cardinal Resources Limited has intersected further gold at a new discovery named Ndongo East in Ghana on its 100 per cent owned Ndongo License.
Mining, geological, technology, and management consulting company CSA Global has announced the appointment of Brendan Clarke as the Manager for its African operations.
Tanzania Minerals Corp. has announced the closing of a private placement offering of $629,993.88 of gross proceeds based on the issuance of 6,999,932 units at a price of $0.09 per unit.
RS Components has launched the Africa e commerce site to meet the requirements of a growing continent with demand from various industries.
Thor Explorations Ltd. has announced positive results from its first set of drill results from its ongoing 8,000 metre RC drill program on its Douta Gold Project in south-east Senegal.
African Gold Group Inc. has started the Diamond Drill and RC Drill program at its Kobada project located southern Mali.
Teranga Gold Corporation has provided updated mineral resource estimate for its Wahgnion gold development project in Burkina Faso, West Africa.
Asante Gold Corporation and Perseus Mining Ghana have agreed to modify the terms of their Betanase Option and Sale Agreement.
Exploration company has announced the start of a diamond drilling programme at the Songwe Hill Rare Earths Project in Malawi.
East Africa Metals Inc has filed with the Ethiopian Ministry of Mines, Petroleum, and Natural Gas, responses to comments received in relation to the Mato Bula and Da Tambuk Mining Licence Applications.
South America mining and exploration group Tajiri Resources Corp has expressed interest in acquiring 100 per cent stake in the advanced Reo Gold Project in Burkina Faso.
Africa has been slow to convert its natural resources endowments to tangible development outcomes because of weaknesses in governance, according to the fifth edition of the African Governance Report published by the UN Economic Commission for Africa.
Exploration and development company African Gold Group Inc. has announced major appointments and operation updates as it seeks to drive its growth agenda.
Vast Resources plc, the AIM-listed mining company has signed an agreement with Botswana Diamonds plc under which the two companies have agreed to exchange information derived from past exploration on areas prospective for diamonds in Zimbabwe
Anglophone West African countries weather odds to project bright economic prospects, Ecobank research
The economic forecast for Anglophone West Africa is looking brighter according to analysis by Ecobank’s research team in the newly published Anglophone West Africa section of its flagship financial website.
Sub Saharan Africa is increasingly becoming a mining hub as more countries in the region continue discovering lucrative resources and minerals that have catapulted them to international limelight while seeing numerous investors pitch tent.
Canadian-based base mineral exploration and development company Sama Resources Inc. has closed its private placement with HPX Ivory Coast Holdings Inc., after receiving the required regulatory and shareholder approvals.
Tango renews Oena mining license in South Africa for nine years, terminates Txapemba agreement in Angola
Tango Mining Limited has announced that its subsidiary, African Star Minerals Limited, has received confirmation from the Department of Mineral Resources, Republic of South Africa.
“Acacia continued to demonstrate resilient operating performance and delivered solid production of 120,981 ounces of gold in the first quarter across the Group, which sets us in good stead to deliver against our full year guidance of 435,000-475,000 ounces.”
Kore Potash plc has attained a secondary inward listing on the Main Board of the Johannesburg Stock Exchange, JSE.
[Botswana] Pangolin to earn 75 per cent interest in AK10 diamond project after deal with Makanwu Civil Blasting
Pangolin Diamonds Corp. has signed an option agreement with Makanwu Civil Blasting, a private company incorporated under the laws of the Republic of Botswana.
For decades, Nigeria's economy has been based on oil. The government is now moving away from its black gold dependence to open its economy up to diversification.
The Nigerian National Petroleum Corporation has expressed its readiness to collaborate with the Nigerian Mining & Geosciences Society towards growing the nation’s abundant hydrocarbon reserves.
[South Africa] The Mining Sector collaborates with Vodacom Business to help tackle industry challenges
Vodacom announces its intention to join forces with the Mining Precinct@Carlow Road and Mining Sector in general to make use of its technology in order to help solve some of the critical challenges identified by the Mining Sector.
Namibia Rare Earths Inc, a Canadian company with Namibian mining interests has completed the acquisition of a portfolio of critical metal properties from Gecko Namibia.
Chimata Gold Corp has entered into a binding letter of intent with Zimbabwe Lithium Company (Mauritius) Limited, a privately held company incorporated under the laws of Mauritius.
COMESA Secretariat and the Government of Western Australia have renewed the Memorandum of Understanding on mining for a six years period.
Armadale, the AIM quoted investment company focused on natural resource projects in Africa has announced that the exploration and development programme at the Mahenge Liandu Graphite Project in Tanzania is now well underway for 2018.
Australian miner Base Resources has completed the acquisition of the Toliara Sands Project.