Zijin Mining has announced its acquisition of the Akyem Gold Mine in Ghana from Newmont for $1 billion (7.08 billion yuan). As one of Ghana’s largest gold operations, the Akyem mine has been producing gold since October 2013. This acquisition aligns with Zijin Mining’s objective to produce over 100 tonsContinue Reading
The board of African Rainbow Minerals (ARM) has approved the construction of a chrome recovery plant at the Bokoni platinum mine. ARM acquired Bokoni from Anglo American Platinum and Atlatsa Resources in September 2022. Situated on 15,000 hectares in the eastern limb of the Bushveld Complex, Bokoni is known forContinue Reading
Haulage and transportation expenses can make up a significant portion of your mining project’s costs. Correctly designed and installed mining conveyors can slash your out-of-pocket operational costs, but only if you choose the best conveyor equipment for your application. In this blog, we take a close look at what goes into selectingContinue Reading
Metso has been awarded repeat orders for a mining customer’s sites in Africa for the supply of liners for SAG and ball mills. Metso’s scope of supply includes Metallic Liners for the SAG mills, and Metallic and Megaliner ™ composite linings for the Ball mills. Additional services are offered includingContinue Reading
Atlantic Lithium (ASX: A11) is set to begin construction of Ghana’s first lithium mine after obtaining the operating permit for its flagship Ewoyaa project. This license represents the final regulatory approval needed for the company to move forward with building the mine and processing plant, marking a significant milestone towardContinue Reading
Zijin Mining Group of China has struck a $1 billion deal to acquire Newmont Corporation’s gold project in Ghana, a transaction that underscores China’s growing influence in the global mining sector. The acquisition involves Newmont’s Ahafo North project, a major asset located in the Ashanti region, part of Ghana’s richContinue Reading
Ambatovy, Madagascar’s nickel and cobalt mining operation, has halted a pipeline transporting ore from its eastern mine to a processing and refining facility due to damage, as reported by its major shareholder, Sumitomo Corp. While Ambatovy assesses the operational impact and recovery timeline, traders suggest that a prolonged shutdown exceedingContinue Reading
The Minister of Solid Minerals Development, Mr. Dele Alake, has issued a warning against the arbitrary closure of mining operations by state governments, emphasizing that such actions could jeopardize the federal government’s efforts to attract Foreign Direct Investments (FDI). Alake made this statement while announcing the formation of a fact-findingContinue Reading
A conflict between a Glencore Plc subsidiary and the Democratic Republic of Congo centers on a deal made years ago by Israeli businessman Dan Gertler. According to Congo’s mines minister, the dispute involving a Glencore-owned copper and cobalt mine concerns royalty payments made to Gertler, who was sanctioned by theContinue Reading
Angola’s state-owned diamond producer, Endiama Mining SA, acknowledged that some clients are hesitant to engage due to its partnership with Russia’s Alrosa PJSC, but emphasized that its diamond output is not subject to Western sanctions. Alrosa holds a 41% stake in the Catoca operation and a significant share in theContinue Reading
