Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is expanding its exploration footprint into another top 10 copper-producing nation, with a view of replicating the success it has had within the Central African Copperbelt. This week, the company announced it recently signed a memorandum of understanding with Zambia’s mining ministry and government forContinue Reading
Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT: 1A9 | U.S. OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce it has entered into an equity financing agreement with a strategic investor. Under this agreement, Asante will sell 90,666,667 common shares via a non-brokered private placement atContinue Reading
The Osun State Government, on Thursday, said there is no Jupiter that could prevent it from recovering N3.2 billion in taxes, the Federal Government refuses to remit to the purse of the state government. The state government which threatened to take all necessary steps to recover it said, the unremittedContinue Reading
African mines could account for nearly a 10th of the world’s rare earths in five years, climbing from zero today, creating new players in a market dominated by China. Eight mines in countries such as Tanzania, Angola, Malawi and South Africa are expected to start production by 2029 and contributeContinue Reading
Brazilian mining giant Vale said on Thursday it has partnered with Japan’s Komatsu and US-based Cummins to develop and test haul trucks powered by a mixture of ethanol and diesel. The dual-fuel engines made by Cummins will be retrofitted to the mining company’s existing fleet of diesel-powered haul trucks, makingContinue Reading
Many of us couldn’t say where the metals used to make our mobile phones came from, let alone our packaging. But when their consumption could be funding conflict overseas, how do we ensure we responsibly source our minerals? In this edition of The Brief, we uncover the realities of miningContinue Reading
Cluff Africa signed a non-binding agreement with Zimbabwe’s sovereign wealth fund to develop a lithium mine in the southern African country. Cluff will be assigned a 45% share of licenses at Sandawana, founder Algy Cluff said in an emailed statement, without disclosing financial terms. Zimbabwe is seeking to attract investorsContinue Reading
Leo Lithium has been granted conditional approval from the Mali government for the sale of its remaining 40% stake in Mali Lithium BV (MLBV) to China’s Ganfeng, a key step towards its planned exit from the Goulamina lithium project. The ASX-listed explorer announced in May that it had agreed to sell its remaining interest in MLBV,Continue Reading
Orano, a French nuclear company, recently announced the resumption of development at the Imouraren uranium deposit in Niger, after the project was offline for almost a decade. However, the resumption project is facing opposition from the Nigerien government, which could lead to the revocation of Orano’s mining permit. The ImourarenContinue Reading
JCHX Mining is on the verge of finalizing a deal to acquire Zambia’s Lubambe copper mine, according to two sources who spoke with Reuters. This acquisition marks another step in the series of copper deals pursued by Chinese firms eager to expand their influence in Africa’s copper mining sector. TheContinue Reading
