August 20, 2021 Loncor drills deepest hole to date at Adumbi deposit The deepest borehole intersected 25.59 m grading 2.39 g/t Au and 8.09 m grading 1.90 g/t Au.
August 20, 2021 Congo initiates probe into China Moly’s Tenke Fungurume mine The government established a commission to ensure company is complying with its contractual obligations regarding the giant copper and cobalt project.
August 20, 2021 Madagascar mining minister resigns, citing online ‘slander’ Oonline criticism arose from charges of fraud Randrianasolo had faced in 2018 but were subsequently dismissed.
August 19, 2021 Zambian mines look to new leader to unlock $2 billion investment Companies including First Quantum Minerals and EMR Capital are ready to raise funding for the projects.
August 19, 2021 Asante Gold completes $90 million Bibiani mine buy Asante is now finalizing setting up the team in charge of bringing the Ghanaian gold mine back to production.
August 19, 2021 Gold Fields’ profit doubles, new CEO to look at acquisitions The company expects to end the year with production of 2.3-2.35 million ounces of gold with no change to the production guidance.
August 18, 2021 Trevali feasibility outlines $111m capex for Rosh Pinah expansion Once the project is commissioned, Trevali expects to reduce its operating costs by about 26% on a per tonne milled basis.
August 16, 2021 Massive expansions won’t hurt cobalt price as supply shifts to oligopoly – report As Congo’s cheap surface oxide ore is depleted, big miners are switching to underground sulphide sources, potentially giving the top 3 control of half the global supply of the battery…
August 16, 2021 BlueRock shares jump on biggest diamond found at Kareevlei The 58.6-carat diamond find follows the discovery of a 21.6 carat stone at the South African mine a week ago.
August 13, 2021 Tycoon may have shifted assets to Zimbabwe after US sanctions Zimbabwe’s government is pressing ahead with a plan to combine its mining assets under a massive private-public enterprise.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
