| 3rd September 2010 |
MagIndustries Corp said it has received confirmation from the Republic of Congo that the country's National Assembly and the Senate have ratified the Canadian company's proposed Mengo potash project.
The company said it has received verbal...
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Afri, Eur, Aus: Newsletter briefs
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90 |
Reuters |
| 3rd September 2010 |
Southern Africa’s aluminium smelters appear to be heading for an ex-growth future. BHP Billiton CEO Marius Kloppers, who has announced a 16%-higher $12,5-billion profit for the world’s largest mining company in the 12 months to June 30,...
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Editorial Insight
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14 |
Martin Creamer |
| 3rd September 2010 |
South African project management and engineering company DRA Mineral Projects reports that, despite the company’s continued involvement in Zimbabwe’s only three working platinum mines - Unki, Mimosa and Ngezi - operating in Zimbabwe is...
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Legislative Environment
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7 |
Jonathan Faurie |
| 3rd September 2010 |
Diversified consulting engineers and scientists SRK Consulting has taken advantage of the current rejuvenation of the mining industry in Zimbabwe to set up a fully functional office in the country, similar to the recently established office in the...
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Diversified Miners
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29 |
Jonathan Faurie |
| 2nd September 2010 |
Canadian base-metals miner Lundin Mining has amended and restated a credit agreement to increase the amount of the revolving credit facility, lower the cost of borrowing and extend the term of the facility, the firm said on Thursday.
The...
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Afri, Eur, Aus: Newsletter briefs
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22 |
Liezel Hill |
| 31st August 2010 |
Toronto-based Lundin Mining has increased both reserves and resources of copper at its Neves-Corvo mine, in Portugal, since its last update six months earlier.
Lundin, which reported resource and reserve estimates for its mines in Europe and...
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Europe
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21 |
Liezel Hill |
| 31st August 2010 |
Democratic Republic of Congo (DRC) Minister of Mines Martin Kabwelulu Labilo said on Tuesday that the government planned to investigate suspected financial misconduct by Canada-based First Quantum Minerals.
Spokesperson for the DRC government,...
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Afri, Eur, Aus: Newsletter roundup
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39 |
Chanel de Bruyn |
| 31st August 2010 |
Canada's MagIndustries Corp said it was reassessing other options for its Congo potash mine as China's Complant, which had agreed to buy a majority stake in the project, was yet to get approval for the deal.
MagIndustries said the companies were...
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Afri, Eur, Aus: Newsletter roundup
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59 |
Reuters |
| 30th August 2010 |
Base-metals miner First Quantum Minerals may go to international arbitration to protect its rights to the Frontier mine, in the Democratic Republic of Congo, after it suspended operations last week.
CEO Philip Pascall said on a conference call...
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Afri, Eur, Aus: Newsletter roundup
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33 |
Liezel Hill |
| 30th August 2010 |
South Africa-based diversified miner African Rainbow Minerals (Arm) plans to invest a further R9,5-billion in growth projects over the next three years, chairperson Patrice Motsepe said on Monday.
He highlighted during a presentation of the...
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Afri, Eur, Aus: Newsletter roundup
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7 |
Chanel de Bruyn |
| 30th August 2010 |
Base-metals-miner First Quantum has suspended operations at its Frontier mine, in the Democratic Republic of Congo (DRC), after the DRC mining registry withdrew the mine’s exploitation permit.
Further, the miner had also received a letter...
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Afri, Eur, Aus: Newsletter roundup
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52 |
Chanel de Bruyn |
| 27th August 2010 |
Canada's First Quantum Minerals' Bwana Mkubwa processing plant has pushed back the date it planned to stop producing copper to September from this month, a senior manager at the Zambian operation said on Friday.
First Quantum said in July it...
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Afri, Eur, Aus: Newsletter roundup
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54 |
Reuters |
| 27th August 2010 |
The first Warman MCR mill circuit pump supplied in Africa is currently pumping mill discharge slurry at mining company First Quantum Minerals’ Frontier copper mine, in the Democratic Republic of Congo, on a trial basis. The negotiations to...
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Copper
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29 |
Tracy Hancock |
| 26th August 2010 |
Metalline Mining, which has an early stage exploration joint-venture with AngloGold Ashanti in Gabon and silver-zinc properties in Mexico, listed on the TSX on Thursday.
The company was already listed on the NYSE Amex, and decided to pursue a...
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Afri, Eur, Aus: Newsletter briefs
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17 |
Matthew Hill |
| 25th August 2010 |
Southern Africa's aluminium smelters appear to be heading for an ex-growth future.
BHP Billiton CEO Marius Kloppers, who has announced a 16%-higher $12,5-billion profit for the world's largest mining company in the 12 months to June 30, indicates...
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Afri, Eur, Aus: Newsletter roundup
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0 |
Martin Creamer |
| 23rd August 2010 |
Banro Corp, which is building a gold mine in the Democratic Republic of Congo, has appointed chairperson Simon Village as interim CEO to replace Mike Prinsloo, whose three-year contract ends in mid-September.
The company, which plans to produce...
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Afri, Eur, Aus: Newsletter roundup
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38 |
Liezel Hill |
| 23rd August 2010 |
Africa-focused gold-miner Goldplat said on Monday that it had received conditional approval of the mining lease for its Kilimapesa Hill gold mining project in Kenya.
While the company awaits the finalisation of the mining lease, it had been given...
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Afri, Eur, Aus: Newsletter roundup
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18 |
Loni Prinsloo |
| 23rd August 2010 |
ASX-listed iron-ore producer Cape Lambert on Monday took full ownership of DMC Mining after completing the compulsory acquisition of outstanding shares.
DMC Mining would now be removed from the ASX in the near future, Cape Lambert said in a...
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Afri, Eur, Aus: Newsletter briefs
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27 |
Esmarie Swanepoel |
| 23rd August 2010 |
Canada's First Quantum said on Saturday that Kazakh mining group ENRC's acquisition of mining rights in Congo violated a tribunal order freezing the sale of a contested mining project.
ENRC announced on Friday that it agreed to buy a majority...
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Afri, Eur, Aus: Newsletter roundup
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71 |
Reuters |
| 20th August 2010 |
Kazakh mining group ENRC has agreed to pay $175 million for a majority stake in a company that has licences for copper assets in Congo, including a permit revoked from Canada's First Quantum Minerals.
ENRC, which has been diversifying into...
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Afri, Eur, Aus: Newsletter roundup
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56 |
Reuters |