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Russia’s latest great game in Africa: energy

By: African News Agency      10th June 2019 Vladimir Putin has made no secret of his intention to return Russia to its previous glory as a world power by all means available to him, not least of which has been military aggression such as in Crimea. But on the African continent, where Russia has no colonial hangover like Europe or the... 

Lucapa launches next phase Lulu kimberlite search

By: Creamer Media Reporter      6th June 2019 Australia-based Lucapa Diamond Company has launched a $3.3.-million, 12-month exploration programme to locate the kimberlite source of the high-value alluvial diamonds that it currently mines at the Lulo mine, in Angola. The programme is based on a technical review of Lulo kimberlite exploration... 

Pensana raises $5m for Longonjo PFS

By: Creamer Media Reporter      4th June 2019 ASX-listed Pensana Metals has raised $5-million through the private placement of 250-million shares at $0.02 a share. The funds will be spent on the prefeasibility study (PFS) into the development of its Longonjo neodymium/praseodymium (NdPr) project, in Angola. 

Lulo diamonds sell for $10m

By: Tasneem Bulbulia     3rd June 2019 ASX-listed diamond miner Lucapa on Monday announced that its latest sale from the Lulo alluvial mine, in Angola, had achieved gross revenues of $10-million, representing an average price of $1 800/ct. This took total half-year sales of Lulo diamonds to $22.1-million, achieving an average price of... 

African Transport Operations Agency (ATOA)

31st May 2019 Specialising in cross-border transportation to African countries, African Transport Operations Agency (ATOA) provides expert solutions and services to the trade and transport industry. Based in Cape Town, South Africa, ATOA moves cargo throughout Africa by road, sea, air or multimodal freight. 

Efficiency trending in bulk materials handling sector

By: Tracy Hancock     31st May 2019 Surprisingly, this year has seen increased demand for bulk materials handling from the local mining sector, which, South African Institute of Materials Handling (SAIMH) chairperson Adriano Frittella says, is possibly a result of the sector having remained static at a low base over the past couple... 

Pensana Metals questions rare earths price surge in China

By: Marleny Arnoldi     27th May 2019 Neodymium prices surged towards $50 000/t on the Sanghai Metal Market on Friday, as rare earths hit centre stage in China’s trade dispute with the US, ASX-listed Pensana Metals said in a statement on Monday. The company added that the price surge followed a public visit by Chinese President Xi... 

Mothae delivers another stellar find

By: Esmarie Iannucci     23rd May 2019 Africa-focused diamond miner Lucapa Diamond Company has recovered a 126 ct gem-quality diamond from its Mothae operation, in Lesotho. The diamond is the largest recovered at Mothae since commercial operations started in January this year, and the largest gem-quality diamond ever recovered at the... 

LSE says, hello, Africa! Come list with us

By: Bloomberg     22nd May 2019 It’s not often that the LSE comes to Africa looking for listings. Traditionally companies based on the continent have to make a strong case to have their stock traded on one the world’s biggest bourses. But this week, officials are on roadshow in a bid to boost the LSE’s 115 African listings. The... 

Exceptional high-grade mineralisation found at Pensana’s Angola project

By: Tasneem Bulbulia     14th May 2019 New shallow, high-grade intersections received from a further 24 holes of the 66-hole reverse circulation infill drilling programme at ASX-listed Pensana Metals’ Longonjo neodymium and praseodymium (NdPr) project, in Angola, have returned some of the highest-grade NdPr mineralisation ever... 

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