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Lucara Diamond Corp has reiterated that the underground project remains a priority, with president and CEO William Lamb saying it represents an exciting and valuable future for the company.
Lotus Resources plans to raise $30-million through the issue of 100-million new shares at $0.30 apiece to strategic investors to accelerate the restart works at Kayelekera mine.
Trade statistics for January, released by the South African Revenue Services on February 29, show a preliminary trade deficit of R9.4-billion, an improvement from the R24.4-billion trade deficit...
In 2023, the global diamond market experienced a downturn and volatility and although the large, high-quality diamonds recovered from both its Lulo and Mothae operations achieved decent prices at...
Canadian miner Eastport Ventures has appointed Robin Birchall CEO effective immediately. He brings to the board more than 20 years of experience in the investment banking sector within the mining...
Financial services provider Absa has launched its repositioned brand, signalling a shift to a more deliberately customer-centric business with the new brand promise being the theme ‘Your Story...
ASX-listed Lotus Resources plans to raise $30-million through the issue of 100-million new shares at $0.30 apiece to strategic investors. The placement funds will enable Lotus to accelerate the...
The project will transition Jwaneng from an openpit mine to and underground mine.
Canada-headquartered Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, expects its revenues to rebound to between $220-million and $250-million this year, after a...
TSX-V-listed Tsodilo Resources has confirmed that its subsidiary Gcwihaba Resources can proceed with concluding a preliminary economic assessment (PEA) on a prospecting licence, in Botswana,...
Canadian mining company Lucara Diamond Corp has entered into a new diamond sales agreement (NDSA) with processer and trader HB Group out of Antwerp, Belgium, in respect of qualifying “special”...
Financial close on the first phase of the project was reached in December 2023.
In this article, policy advisor and Associate Fellow of Chatham House Sheila Khama writes that the Investing in African Mining Indaba is progressively repositioning itself internally but also being...
A large African opencast mining contractor has significantly increased its fleet of mobile crushers and screens. Currently operating in South Africa, Namibia and Botswana, opencast mining...
In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted...
Exxaro Resources CEO Nombasa Tsengwa is sharpening the South African coal producer’s diversification strategy, after failing to acquire new mining and energy assets. The Johannesburg-based company...
Africa’s largest virtual conference for procurement and inbound supply chain professionals will take place on 13 March 2024. The free-to-attend Africa Supply Chain in Action (ASCA) event is now in...
Electromechanical equipment manufacturer Actom High Voltage has secured a contract to supply and deliver high-voltage equipment for the Selebi-Phikwe solar photovoltaic (PV) plant, which is...
Diamond producer De Beers reported on February 8 that its 2023 fourth-quarter rough diamond production had decreased by 3% year-on-year to 7.9-million carats, primarily owing to the planned...
Diversified miner Anglo American’s production for the fourth quarter ended December 31, 2023, was in line with expectations and in line with production in the third quarter, despite the deliberate...
Botswana has set aside 890-million pula ($65-million) to buy shares in Belgian diamond trader HB Antwerp, national budget documents show, advancing a deal that President Mokgweetsi Masisi said in...
Diamond mining and marketing company De Beers is to collaborate with Angola on opportunities to increase diamond production, support alluvial mining sector and enhance social development for the...
London-listed exploration company Power Metal Resources reports that recent geochemical soil sampling assay results from the Tati gold project, in Botswana, have confirmed the presence of three...
Zambia plans to directly buy and sell a portion of the copper produced in the southern African nation, competing with trading giants including Mercuria Energy Group and Glencore. “We obviously...
Multinational mining company Anglo American is focusing on partnerships with its host nations to grow the mining industry and remain resilient through disruptions, said CEO Duncan Wanblad during...
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate...
The decision of South Africa’s State-owned Industrial Development Corporation (IDC) to financially back a Canada-owned Botswana-based battery manganese facility rather than a highly accomplished...
Giyani Metals has secured $10-million in funding from private equity fund ARCH Sustainable Resources Fund.
ASX-listed Lotus Resources completed the implementation of the merger with A-Cap during the quarter ended December 31, which the company avers has created a “leading uranium player with significant...
A consortium called Diamonds of Eswatini, in which London- and Botswana-listed Botswana Diamonds holds a 30% interest, has been awarded a prospecting licence over the diamondiferous Dokowayo...
London-listed Galileo Resources has defined three potential drill targets with a combined strike length of about 6 km on its PL253 licence in the Kalahari Copper Belt of Botswana. The three...
Global copper miner Sandfire Resources has maintained its production, cost and capital expenditure guidance for the 2024 financial year, after a solid December quarter at its MATSA and Motheo...
The Sandvik Rock Processing facility in South Africa is the first facility globally, capable of producing all of its screening product lines. The company says it is leveraging its Africa footprint...
Mining Indaba to open with SA mining industry hit hard by rail inefficiencies The yearly African Mining Indaba will start on February 5 against the backdrop of the local mining industry facing...
Martin Creamer discusses vanadium, copper mining and a manganese project in Botswana.
Global mill liner and wear parts manufacturer Tega Group has acquired McNally Sayaji Equipment Limited, a minerals processing equipment manufacturer, to offer a more comprehensive solution for...
TSX-V-listed Giyani Metals has secured $10-million in funding from private equity fund ARCH Sustainable Resources Fund. The funding fulfils a key condition for the drawdown of a $16-million...
Canadian mineral resources exploration and development company Tsodilo Resources has filed an interlocutory application in the Botswana High Court, calling on Minerals and Energy Minister Lefoko...
Aim- and ASX-listed Sovereign Metals has appointed specialist social performance consultancy SocialEssence to assist in the continued development of the company’s stakeholder relations, social...
BSE- and Aim-listed Botswana Diamonds has completed a gravity survey over four high-grade geophysical targets that had good magnetic response in a previous survey undertaken by the company....
Energy solutions company KS Energy is targeting financial closure this year for the first phase of a small-scale liquefied natural gas (LNG) supply chain in partnership with a Tanzanian gas...
Diversified mining group BHP has announced its second cohort of six companies, chosen from a pool of over 500 applicants, to join the BHP Xplor accelerator programme. The accelerator programme is...
The Border Management Authority (BMA) has agreed to extend the submission date for requests for proposal for the 'Redevelopment of the Six Priority Land Ports of Entry' project to July 4. The six...
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