Thor Explorations expands in Côte d’Ivoire with Guitry gold project acquisition
Thor Explorations (TSXV, AIM: THX) has expanded its operations into Côte d’Ivoire by acquiring the Guitry gold project from Endeavour Mining (LSE, TSX: EDV). Total...
Category : MEGA PROJECTS IN AFRICA
EMetals aims to drill Mubende after fieldwork extends gold zone
Perth-based EMetals (ASX:EMT) says fieldwork at its Mubende Gold Project in central Uganda has confirmed gold mineralisation extends beyond current artisanal workings. A total of 40 soil samples and...
Vedanta pays $246m to reclaim control of Konkola Copper Mines in Zambia
UK-based mining company Vedanta Resources said that it has paid $245.75m to the Zambian government for regaining control of the Konkola Copper Mines (KCM) in...
US-backed Angola rail plan secures $200 million from key bank
The Development Bank of Southern Africa has approved as much as $200 million for the US-backed Lobito corridor rail project that will haul critical minerals from central...
Marula secures manganese offtake deal with Fujax
Marula Mining has signed a sales and offtake agreement with Fujax, a UK-based trading group, for manganese ore from the Larisoro mine in Samburu County,...
Aura Energy Advances Tiris Uranium Project in Mauritania
The Tiris project can deliver 30 million pounds of uranium over 16 years, according to a 2024 study. With production set to commence in 2026,...
Nyanzaga gold project production to start in 2027
Perseus Mining, an Australian company, entered the Tanzanian mining sector this year by acquiring OreCorp and its Nyanzaga project. The project is expected to produce...
Commercial Production Could Begin Soon at Kouroussa Gold Mine
The debut of gold production at the Kouroussa gold mine, initially slated for late March 2024, faced a setback due to a commercial disagreement between...
Implats seals R9bn black investor deal
Impala Platinum Holdings has announced a R9 billion deal that will give Black investors a 13% stake in the South African mining company and the...
KEFI Gold launches Tulu Kapi gold mine
KEFI Gold and Copper PLC (AIM: KEFI, OTC: KFFLF) has officially launched the Tulu Kapi Gold Mines project in Ethiopia, following a decision by the...