Ivanhoe secures finance for South African mining project
Canadian mining company Ivanhoe Mines’ South African subsidiary has secured project financing of up to USD 420 million to advance its Platreef project. The Limpopo,...
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Botswana’s Debswana expects to increase diamond output by 38% in 2021
GABORONE – Diamond producer Debswana aims to increase output by 38% this year to pre-pandemic levels of 23-million carats, a company official said on Friday,...
Endeavour Mining upgrades production to 1.35-1.48 million oz as Teranga mines absorbed
ENDEAVOUR Mining confirmed higher gold production in 2021 than previously guided following formal sanction for its Teranga Gold Corp merger. The Toronto-listed gold producer announced the...
Trevali signs Burkina Faso exploration JV with Arrow Minerals
Trevali Mining Corp. [TV-TSX, Lima; TREVF-OTCQX; 4TI-FSE] has signed into a binding term sheet that sets out the terms for an exploration joint venture with Arrow Minerals [AMD-ASX], wherein...
Canadian miners dig deeper in West Africa
In the underexplored and booming gold-mining areas of West Africa, Canadian miners are moving fast to expand their operations. Mining firms large and small are...
Resolute goes strong in West Africa, increases EBITDA 87%
Resolute Mining (ASX/LSE: RSG) reported its 2020 financial and operating results that reflect the first full year of operations from both the Syama underground mine...
Dying for Gold: Rich Industry Relies on Freelance Miners
Amid piles of red soil and the buzz of grinding mills, Lloyd Karambakuwa prepares to risk his life for gold. Tall and slim, the 40-year-old...
Committees in the extractive industry asked to make judicious use of mineral development fund
Stakeholders in the extractive industry have been tasked to make judicious use of the Minerals Development Fund (MDF) to fastrack development in local communities. To...
Mining growth projects add glimmer of hope in dreary economic climate
As mining companies turn to domestic growth-development projects, their spending spree may be what the sector needs to lift it from a slump it has...
Lucapa finds massive white diamond at Mothae
Lucapa Diamond Company has recovered a 215-carat diamond from the Mothae kimberlite mine in Lesotho, Africa. The discovery is the largest Type IIa D-colour white...