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By: Chanel de Bruyn Updated 34 minutes ago A focus on high-value rare earths and the use of a tailor-made beneficiation process bodes well for Tanzania-focused Peak Resources. The ASX-listed company is developing the Ngualla rare earths project, which contains high-grade neodymium and praseodymium mineralisation. →
By: Natasha Odendaal Updated 40 minutes ago Kalagadi Manganese executive chairperson Daphne Mashile-Nkosi has been recognised for her business acumen and ability to execute successful business strategies. She was this week bestowed the 2015 Africa Female Business Leader of the Year Award and a special commendation award by Pan-African... →
By: Terence Creamer Updated 1 hour ago Steel producer ArcelorMittal South Africa (AMSA) signalled on Friday that it was aiming to reopen historically fraught iron-ore pricing negotiations with Kumba Iron Ore, with CEO Paul O’Flaherty describing the current cost-plus arrangement as unsustainable in light of dramatic declines in... →
By: Megan van Wyngaardt Updated 4 hours ago Underground tunnel development at Southern Africa-focused diamond developer DiamondCorp’s Lace diamond mine, in the Free State, is proceeding slower than planned, owing to fractured ground close to old workings; however, the development work in the Upper K4 (UK4) block remains close to schedule... →
By: Esmarie Swanepoel Updated 6 hours ago Gold miner Newmont Mining will reach a decision on the possible expansion of its Tanami operation later this year. Newmont’s Asia Pacific leader Tom Palmer told the WA Mining Club this week that the company’s Full Potential programme had seen a 22% increase in production at Tanami, and reduced... →
By: Reuters Updated 6 hours ago Africa's largest steelmaker ArcelorMittal South Africa said on Friday its half-year losses widened amid lower international demand and a weak economy in its home market. Its headline loss per share rose to nearly 25 cents per share for the six months ended 30 June from 2 cents a year earlier, the... →
By: Esmarie Swanepoel Updated 6 hours ago A study for the debottlenecking of the Kipoi solvent extraction and electrowinning (SX-EW) plant, in the Democratic Republic of Congo, has revealed that copper production could be increased from the nameplate capacity of 25 000 t/y to 32 500 t/y. Project owner Tiger Resources on Friday said the... →
By: Esmarie Swanepoel Updated 6 hours ago The share price of ASX-listed RNI increased by 60% on Friday as the company announced plans to sell its Western Australian gold assets to fellow-listed Metals X. The two parties have executed a binding heads of agreement under which RNI would divest of its Grosvenor, Horseshoe and part of its... →