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First Cobalt exits volatile DRC in favour of mining friendly Ontario Cobalt Camp

By: Henry Lazenby     19th September 2017 TSX-V-listed First Cobalt will not complete a strategic alliance over seven cobalt exploration properties close to several major copper/cobalt operations in the Democratic Republic of Congo's (DRC's) Central African Copperbelt. The Toronto-headquartered company announced on Monday that it would... 

Kalumbila facility will service global mining industry

     15th September 2017 By the first quarter of 2018,  a building site in Kalumbila, in North-Western province, in  Zambia, will be transformed into a $40-million manufacturing facility that will produce high-quality mill-balls for mines in Zambia, neighbouring countries and the world market, says Zambia Chamber of... 

Specialist helps Zambian mines save on maintenance costs

     15th September 2017 More and more mines in Zambia are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition-monitoring specialist WearCheck. 

Metso showcases ongoing commitment to servicing South African mining sector 

By: Ilan Solomons     13th September 2017 This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a crucial role" not only in the South African, but also the African mining industry. 

Switchgear Solution At DRC Mine From Shaw Controls

     12th September 2017 Leveraging the advantages of a containerised solution, Zest WEG Group company Shaw Controls has provided an optimal medium voltage switchgear solution for the supply of power at a copper mining project in the Democratic Republic of Congo. The WEG MTW05 MV switchgear, the first to be supplied by... 

Ivanhoe confident of expanding Kamoa-Kakula into a top three global copper deposit

By: Natasha Odendaal     11th September 2017 TSX-listed Ivanhoe Mines is confident that the Kamoa-Kakula deposit, ranked the fifth-largest copper deposit in the world, will take one of the top three rankings on the back of the “unprecedented rate of growth” of the high-grade copper resources in the Democratic Republic of Congo (DRC).... 

Ortac strengthens strategic focus on high potential African exploration

By: Natasha Odendaal     11th September 2017 Aim-listed Ortac Resources has set its focus exclusively on its high-potential African exploration mining assets after a board revamp set a strategy review in motion. The exploration and mine development company aims to fast-track its core gold and copper assets in the Democratic Republic of... 

Ivanhoe plans 'new era of production' for historic DRC mine

By: Natasha Odendaal     6th September 2017 TSX-listed Ivanhoe Mines has entered into discussions to start a “new era of production” at the historic Kipushi zinc-copper-silver-germanium mine, in the Democratic Republic of Congo (DRC), that could deliver one of the highest-grade major zinc mines worldwide. Ivanhoe, which, in conjunction... 

Resources Watch  

     31st August 2017 Alphamin focused on conflict-free tin production; Huge opportunity to create more demand for platinum; And, Obuasi clear of illegal miners 

Feasibility update on Fortune’s Nico project delayed by laboratory congestion

By: Henry Lazenby     25th August 2017 Investors will have to wait a little longer to review an update of the 2014 feasibility study on project developer Fortune Minerals’ Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories. The London, Ontario-based explorer said on Thursday that the feasibility study update by... 

$70m already spent at $134m DRC tin project

By: Ilan Solomons     25th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly that local earthworks contractor Kongo River, which is... 

‘Key milestone’ for Platreef project

     25th August 2017 The completion of the definitive feasibility study (DFS) for the first phase of production at platinum group metals (PGMs) miner Ivanhoe Mines’ Platreef project, on the northern limb of South Africa’s Bushveld Igneous Complex, is another key milestone in Ivanhoe’s planned transformation of the... 

Alphamin focused on conflict-free tin production  

By: Anine Kilian     22nd August 2017 TSX-V-listed Alphamin Resources is on track to develop the first large commercial tin mine in the Democratic Republic of the Congo (DRC) to produce responsibly mined, conflict-free tin concentrate. The company is developing the Bisie mine, in the North Kivu province of the DRC, which is expected... 

DRC mining code’s shortcomings limiting sector’s contribution to fiscus – senator

By: Ilan Solomons     18th August 2017 The mining industry and the production of copper and cobalt in particular is of vital importance to the economy of the Democratic Republic of Congo (DRC). However, political, social and legislative stability is critical to ensuring the growth and sustainability of the sector, says DRC Senator... 

Global tin outlook to impact on South African imports

By: Tasneem Bulbulia     18th August 2017 Global tin production will decrease in the coming years, subsequently increasing tin prices, which will have an adverse effect on South Africa, suggests research firm BMI Research mining analyst Diego Oliva-Velez. This global outlook for tin from 2017 to 2021 is detailed in BMI’s ‘Tin Report’,... 

South African zinc industry buoyed by ongoing developments

By: Tasneem Bulbulia     18th August 2017 The South African zinc industry may be under pressure, but there are numerous developments under way that are strengthening the sector, suggests International Zinc Association of South Africa (Izasa) regional director Rob White. He says the depressed state of the local zinc market is a result of... 

Bisie boxcut nears completion, first tin concentrates in 2019

By: Ilan Solomons     15th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly Online that local earthworks contractor Kongo River, which is... 

Aussie junior secures Chinese funding for DRC lithium project

By: Esmarie Swanepoel     10th August 2017 ASX-listed junior AVZ Minerals will raise A$15-million to fund work at its Manono lithium project, in the Democratic Republic of Congo, where it aims to define a mineral resource by early next year. The company on Thursday reported that the placement would include a A$13-million strategic... 

Cash-flush Randgold in massive Côte d’Ivoire gold discovery

By: Martin Creamer     3rd August 2017 The exploration team of Randgold Resources, which on Thursday reported a 53% leap in half-year profits, plus cash on hand of $572.8-million even after the $94-million dividend payout, has defined a large target in Côte d’Ivoire, which is considered to be “potentially the most exciting gold... 

Tramecon

By: Creamer Media Reporter      1st August 2017 Turnkey laboratory solutions provider Tramecon services mining projects worldwide from its wholly owned Randburg facility, comprising two mini factories covering 400 m2. The company further supplies South Africa-based product logistics monitoring for a Democratic Republic of Congo (DRC) client... 

Canada’s First Cobalt hoping to seal DRC exploration deal by next month

By: Mia Breytenbach     21st July 2017 Cobalt asset group First Cobalt aims to close the transaction of a strategic alliance for a 70% interest in seven prospective copper/cobalt exploration properties in the Democratic Republic of the Congo (DRC) by next month and progress exploration in one of the world’s “high-reward cobalt... 

Kibali continues to deliver steady performance as it finalises full commissioning

By: Creamer Media Reporter      18th July 2017 The two remaining components of Randgold Resources’ Kibali gold mine – its underground shaft system and a third hydropower plant – are both on track. The underground shaft system is expected to be commissioned this quarter, with the underground mine to produce about 2.2-million tonnes of ore this... 

Banro’s lower gold output leaves year-end guidance out of reach

By: Natasha Odendaal     18th July 2017 Dual-listed Banro Corporation’s Twangiza and Namoya operations produced a combined 38 739 oz of gold during the second quarter of this year, bringing the year-to-date production to 84 954 oz of gold. The lower-than-expected gold production from both mines, along with the ongoing challenging... 

Ivanhoe's Congo success follows deals with President's brother

By: Bloomberg     18th July 2017 In the two decades since billionaire mining investor Robert Friedland founded Ivanhoe Mines, his small team has made some of the biggest mineral discoveries in the world. In the Democratic Republic of Congo, it has done so while trading and contracting with companies controlled by one of... 

Accelerating growth of services in Africa

By: Nica Schreuder     14th July 2017 Mining services company Fraser Alexander is focused on expanding its presence in the Democratic Republic of Congo (DRC) and Zambia, both prime locations of high-grade copper deposits. With more than a century of experience, the company has been expanding into most gold- and copper-producing... 

Pockets of potential bode well for future

By: Nica Schreuder     14th July 2017 The expected turning point in the African mining sector has not yet occurred, owing to continued soft economic growth in emerging economies allied to uneven global economic recoveries, divergent monetary policies and significant geopolitical/social issues, which continue to create further... 

Africa remains tough but attractive mining destination

By: Nica Schreuder     13th July 2017 Despite potential risk factors associated with mining in Africa, mining services provider Fraser Alexander executive business development head Ken Bouch says the rewards make it worth investing in the mineral-rich continent. 

Cape Lambert signs over cobalt rights in DRC

By: Esmarie Swanepoel     13th July 2017 ASX-listed Cape Lambert has entered into a binding term sheet with fellow-listed FE Limited to assign its rights over the Kasombo copper-cobalt project, in the Democratic Republic of Congo. Cape Lambert established rights to the Kasombo project in May this year after signing a joint venture... 

Banro’s Namoya employees return to work after militia violence shuts mine

By: Megan van Wyngaardt     7th July 2017 Dual-listed Banro Corporation on Friday said mining staff at its Namoya gold operations, in the Democratic Republic of Congo (DRC), have returned to work, following a precautionary evacuation earlier this week. On Monday, fighting between the Congolese army and a local militia forced the miner to... 

Amani cements investment from Luck Winner

By: Esmarie Swanepoel     7th July 2017 ASX-listed Amani Gold has revealed details of a A$25-million investment from Hong Kong-based Luck Winner Investment, after the two parties inked a binding subscription agreement. Under the Stage 1 investment, Luck Winner will invest A$15-million in Amani by subscribing for 300-million shares in... 

Amani declares maiden resource in DRC

By: Esmarie Swanepoel     5th July 2017 ASX-listed Amani Gold has reported a maiden mineral resource of 2.3-million ounces at Kebigada, on its Giro gold project, in the Democratic Republic of Congo. The project is estimated to host some 48.7-million tonnes of resource, grading 1.5 g/t gold, which increased to 78.6-million tonnes at... 

Randgold keen on DRC mining code review, partnerships to develop young industry

By: Creamer Media Reporter      23rd June 2017 LSE-listed Randgold Resources on Friday said the mining industry would welcome a review of the Democratic Republic of the Congo's (DRC’s) existing mining code in a “young” industry still open to development. However, this review needs to be subject to an inclusive debate, with government and the... 

Copper production growth to accelerate to 2021

By: Anine Kilian     19th June 2017 Global copper production growth will be supported by key markets with low operating costs and strong project pipelines in the next four years, according to research firm BMI’s copper outlook report, released Monday.  Global copper mine production, supported by markets and low operating costs, is... 

JV contract secured to desilt acid ponds

     16th June 2017 Industrial pump rental service provider Integrated Pump Rental, in a joint venture (JV) with supplier and service provider of equipment to mining and allied industries EC Mining, has secured a contract to desilt four acid ponds at a copper mine in the Democratic Republic of Congo (DRC). This... 

Ortac increases shareholding in DRC project

By: Megan van Wyngaardt     6th June 2017 Mineral exploration company Ortac Resources on Tuesday said, following the conversion of a $2-million convertible loan note facility, it now holds a 45% equity interest in Casa Mining, which is developing the Misisi gold project, in the Democratic Republic of Congo. Noting that it would now start... 

Owner of $1bn cobalt project says rally is far from over

By: Bloomberg     5th June 2017 Tight cobalt supplies will keep boosting the price of one of this year’s hottest commodities, according to Eurasian Resources Group, which is developing an almost $1-billion project in the Democratic Republic of Congo (DRC). Cobalt jumped 71% this year on surging demand for the metal used in... 

Association to drive Zambian copper product use, membership

By: Nica Schreuder     2nd June 2017 Nonprofit organisation promoting copper use in Africa the Copper Development Association Africa (CDAA) is aiming to promote the use of Zambian copper products and increase CDAA membership throughout the Copperbelt region, which covers Zambia and the Democratic Republic of Congo (DRC). The... 

Cobalt company to acquire 70% interest in DRC

     2nd June 2017 Cobalt asset group First Cobalt says its transaction with Africa-focused investment and development company Madini Minerals will allow it to firmly establish a presence in one of the richest mining camps in the world. In May, First Cobalt announced that is to become a 70% joint venture partner on... 

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