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Caledonia to raise about $13m for Zimbabwe gold projects
By: Creamer Media Reporter Updated 2 hours 24 minutes ago Gold miner Caledonia Mining Corporation is raising about $13-million, or about £10.5-million, to strengthen its balance sheet and provide it with working capital flexibility to accelerate planned work at its three new gold projects – Bilboes, Motapa and Maligreen – in Zimbabwe. Caledonia, which... →
Kansanshi mine pledges nearly ZK7m for supply of piped water to community
By: Marleny Arnoldi Updated 3 hours ago Gold and base metals miner First Quantum Minerals had advised that its Zambian subsidiary Kansanshi Mining has signed a memorandum of understanding (MoU) with Zambian water utility the North Western Water Supply and Sanitation Company (NWWSSC) for the provision of piped water to the Mushitala... →
Granite Creek acquires molybdenum resource in BC
By: Mariaan Webb Updated 3 hours ago TSX-V-listed Granite Creek Copper has entered into an agreement to acquire the Lucky Ship molybdenum property, in the traditional territory of the Wet’suwet’en First Nation in central British Columbia. The company has the option to acquire the project by issuing 3.75-million shares over a... →
NextSource starts commissioning of Madagascar graphite mine
By: Mariaan Webb Updated 4 hours ago Canadian mining company NextSource Materials has initiated commissioning of its first mine – the Molo graphite operation in Madagascar. The mine will transition NextSource into a global graphite producer at a time when graphite consumption is increasingly sharply, owing to the explosive growth... →
Mt Carbine leases extended
By: Esmarie Iannucci Updated 6 hours ago The mining leases for the Mt Carbine project, in Queensland, have been renewed for a further 19 years, tungsten producer EQ Resources said. The company told shareholders that the renewal of the two mining leases were core to the company’s plans to expand its tungsten mining base. →
Centrex inks Ardmore offtake
By: Esmarie Iannucci Updated 6 hours ago Junior Centrex has inked a binding offtake agreement with agri-business Ameropa Australia for the purchase of phosphate from the Ardmore phosphate mine, in Queensland. Under the terms of the agreement, Ameropa will purchase between 15 000 t to 16 000 t of phosphate in the first year of the... →
Company forges on as pumps leading supplier
By: Simone Liedtke 24th March 2023 Weir Minerals remains a leading supplier of slurry pumps as it continues to pioneer some of the sector’s latest developments and advancements. This, says Weir Minerals Africa pumps GM Marnus Koorts, can largely be attributed to the company’s early involvement with projects. This allows the... →
Rawbank presents financing solutions at Indaba
By: Sabrina Jardim 24th March 2023 Democratic Republic of Congo- (DRC-) based financial institution Rawbank liaised with authorities from the DRC while presenting its financing solutions for mining companies in the country’s value chain at this year’s Investing in African Mining Indaba – held at the Cape Town International... →
2023 ‘perfect’ to expand to Africa
By: Nadine James 24th March 2023 Speaking on the sidelines of the Investing in Africa Mining Indaba, Spanish mining technology company Torsa Global’s business development director Gabino de Diego told Mining Weekly that 2023 is the opportune time to enter the African market. Torsa Global, which creates and supplies integrated... →
Private sector seen as key to unblocking transition-enabling grid capacity
By: Cameron Mackay 24th March 2023 The lack of transmission infrastructure public funding for grid strengthening and expansion has emerged as a binding constraint on connecting much-needed private generation and on South Africa’s transitioning to a more reliable and cleaner electricity sector. Thus, there are growing calls for not... →
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