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Vedanta-Konkola liquidation case adjourned to June 4

By: Reuters     24th May 2019 A court hearing between Vedanta, its Konkola Copper Mines business (KCM) and the Zambian government over control of KCM, was adjourned on Friday until June 4, a lawyer said. Vedanta is fighting the government's attempt to seize KCM, which is one of the biggest employers in Zambia, Africa's second... 

Amani takes an option on DRC project

By: Esmarie Iannucci     21st May 2019 ASX-listed Amani Gold has signed a memorandum of understanding (MoU) over a package of ten gold tenements in the Democratic Republic of Congo (DRC), known as the Gada gold project. The Gada project is located some 80 km from Amani’s own Giro project, with the company telling shareholders on... 

ABM starts exploration at Cameroon cobalt/nickel project

By: Simone Liedtke     20th May 2019 Aim-listed African Battery Metals has started exploration activities at its cobalt/nickel project in Cameroon and will initially be targeting cobalt and nickel mineralisation at prioritised targets within the company’s licence areas. The work programme will start immediately, with a view to... 

African Battery Metals completes field operations at Kisinka project

By: Simone Liedtke     17th May 2019 Field operations at Aim-listed African Battery Metals’ Kisinka copper/cobalt project, in the Democratic Republic of Congo, have now been completed. ABM executive director Paul Johnson says the team “coped well with difficult on-site logistics as grass levels remained high after late rains, and we... 

Billionaire Friedland close to deal with BHP on Guinea iron-ore

By: Bloomberg     17th May 2019 Billionaire mining investor Robert Friedland is close to a deal to take over an iron-ore deposit in Guinea from owners including BHP Group, according to people familiar with the situation. Friedland is in advanced talks with BHP, Newmont Goldcorp and Areva, that will see him move to develop the... 

Reduce exports, increase beneficiation – CDAA

By: Mc'Kyla Nortje     17th May 2019 Nonprofit organisation Copper Development Association Africa (CDAA) encourages countries, such as Zambia and the Democratic Republic of Congo, to reduce their copper exports and start investing in infrastructure to support the use of copper in downstream industries. CDAA executive chairperson... 

Ventilation firm to provide energy efficient solution to African project

17th May 2019 Ventilation firm TLT-Turbo Africa will supply and install a turnkey solution for underground ventilation and fume extraction for Canadian miner Ivanhoe Mines subsidiary Kamoa Copper SA. Kamoa Copper SA forms part of the Kamoa-Kakula copper project, which is a joint venture between TSX-listed... 

Copper majors report sound performances

17th May 2019 Several large diversified miners dominate copper production in Zambia and account for a significant amount of copper production in the Copperbelt, which includes the Copperbelt province and the towns of Ndola, Kitwe, Chingola, Luanshya and Mufulira in particular, as well as the Democratic... 

Military stake stymies $4bn Zimbabwe platinum project  

By: Bloomberg     15th May 2019 A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4-billion is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions. The African Export-Import Bank has the mandate to raise money for the... 

BHP to keep Nickel West, Rio looks to Serbian lithium deposit for battery boom

By: Reuters     14th May 2019 Global miner BHP will hold on to the Australian nickel operations it previously put up for sale, while Rio Tinto is working on copper and lithium projects as the mining industry bets on demand for electric vehicle (EV) batteries. The biggest mining companies say they are well positioned to... 

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