Niger, Africa’s second-largest uranium producer, stands ready to leverage the surging demand and prices for uranium. Its economic prospects rest significantly on two key ventures: Dasa and Madaouela. Recently, Niger’s Minister of Mines spearheaded the groundbreaking ceremony for the uranium processing facility at the prospective Dasa uranium site. During thisContinue Reading
Côte d’Ivoire, a notable player in gold production, is diversifying its mineral portfolio with manganese, copper, cobalt, and nickel. The surge in demand for these minerals has spurred the nation to intensify its exploration efforts. During a recent Cabinet meeting in Abidjan on May 8th, the Ivorian government approved multipleContinue Reading
In October 2023, Orezone announced a $168 million project to double the Bomboré gold mine’s production capacity in Burkina Faso. Originally planned as one phase, the project will now unfold in two. The initial phase is slated for completion by the close of 2025. With ambitions to elevate annual goldContinue Reading
Panthera Resources, a diverse gold exploration and development firm, has finalized agreements with DFR Gold and Maniger to restructure ownership arrangements concerning the Kalaka gold project in Mali and the Paimasa, Dagma, and Dext gold projects in Nigeria. Post-restructuring, Panthera will possess 100% ownership of Maniger, elevating its stake inContinue Reading
Ghana, Africa’s largest gold producer, is planning an up to $500 million listing of its gold royalty fund in London in October, though the deal could still run into political opposition, three sources familiar with the matter told Reuters. Agyapa Royalties, a government-backed fund that holds equity interests including miningContinue Reading
Coal suppliers need to deal fairly with Eskom by seeking reasonable returns and not excessive profits. High input costs to power generation, including coal, ultimately cause higher electricity prices which is detrimental to South Africa’s economy, said Menar MD Vuslat Bayoglu. He was speaking during a panel discussion on howContinue Reading
Sub-Saharan Africa is poised to contribute nearly $2 trillion worth of metals essential for the energy transition by 2050, as projected by the International Monetary Fund (IMF). The IMF’s paper, released on Friday, indicates that the global earnings from mining key metals like copper, cobalt, lithium, and nickel could soarContinue Reading
M23 rebels in eastern Democratic Republic of Congo have taken control of Rubaya, a key mining town for the smartphone mineral coltan, following days of intense fighting, a rebel spokesman said. Congo’s east has been plagued by violence since the 1990s, killing millions as struggles over national identity, ethnicity, andContinue Reading
Mauritius’ biggest lender by market share will increase exposure to gas and move into into funding the mining of metals needed for clean-energy technologies. Mauritius Commercial Bank — a unit of Port Louis-based MCB Group Ltd. — is making 10 billion rupees ($211 million) available to help clients transition toContinue Reading
The energy-intensive nature of comminution processes has led to FLSmidth’s efforts to develop more energy efficient equipment including the patented Eccentric Roll Crusher (ERC) which, through its innovative design, not only reduces energy consumption in the primary crushing of hard rock, but also offers increased throughput and reduced wear ComminutionContinue Reading
