Allied Gold Corp is enlisting the help of Mota-Engil to advance its Kurmuk project, in Ethiopia, with the Portugal-based engineering and construction company set to carry out the mining contract. The award will advance earthworks at an early stage, allow sufficient time for the importation and mobilisation of equipment wellContinue Reading
London-listed Caracal Gold has secured a mining license for its Kanegele project in Tanzania. Caracal’s subsidiary, Tyacks Gold, successfully applied for two mining licenses in December 2023, and the Kanegele project, situated in the Nyakafuru region, has now received its first permit. Located in the Lake Victoria Gold Fields, KanegeleContinue Reading
Montage Gold has successfully secured $825 million in Côte d’Ivoire to finance the construction of the country’s largest gold mine, which is expected to produce 301,000 ounces annually during its first eight years. This project is poised to significantly boost Ivory Coast’s long-term gold output. In a press release datedContinue Reading
Türkiye and Niger have signed a provisional agreement to strengthen cooperation in the mining sector, marking closer ties as global powers compete for access to Niger’s uranium resources. The deal, signed after a visit by a Nigerien delegation to Türkiye, is intended to facilitate Turkish companies’ exploration efforts in Niger,Continue Reading
Barrick Gold Corporation has awarded Metso a major order for the supply of copper concentrator plant equipment to their Lumwana expansion project in North-Western Province in Zambia. Metso’s scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration. The value of the order is approximately EUR 70 million, and it isContinue Reading
Barrick Gold Corp (ABX.TO) and the Malian government have agreed to work toward resolving disputes and claims related to the Loulo and Gounkoto gold mines in Mali, according to a statement released by Barrick on Monday. This announcement follows the arrest of four Barrick employees by Malian authorities two daysContinue Reading
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
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
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
