Latest News Mines
Mines
20/03/2020 at 17h09, by Africa Business+
Who is behind Bacchus Capital, Nordgold’s adviser in acquisition of Cardinal Resources?
The Russian gold mining company (with net profit of $167m in 2019 for 1.4 million ounces produced) has...
Mines
19/03/2020 at 11h16, by Aurelie Benoit
South Africa: Covid-19 overpowers Kropz, the phosphate subsidiary of Patrice Motsepe’s ARC
A hearing scheduled for 16 March to decide on the legality of a key water licence for future operations...
Mines
12/03/2020 at 20h57, by Africa Business+
Chromium mining in Madagascar: Kraoma looking for a new partner but Ferrum Mining determined to stay
No ore has been extracted from the mine near Brieville since December 2019. Operations have been suspended...
Mines
05/03/2020 at 16h26, by Aurelie Benoit
Macky Sall’s regional mining hub seeking consultants
With the backing of the African Development Bank, Dakar is seeking to establish itself as a key player...
Mines
03/03/2020 at 17h26, by Africa Business+
Massawa refractory ore (Barrick): Teranga Gold is to invest $80 million in addition to the $380 million purchase price; David Mimran injects $45 million
The $80m investment is needed to process refractory ore at the Massawa gold mining operation. It comes...
Mines
26/02/2020 at 22h42, by Gaëlle Arenson
Thirteenth gold mine in Burkina Faso: Orezone Resources reaches out to Coris Bank finance its debt
More than $150 million are needed to develop phase 1 of the project located in the region of Ouagadougou....
Mines
25/02/2020 at 17h30, by Gaëlle Arenson
AMG (Luc Gerard Nyafe) finally takes control of CMT, the leading producer of lead and silver in Morocco, with a $25 million acquisition
The very profitable Compagnie minière de Touissit (CMT) generated €26.5 million in dividends in 2018....
Mines
21/02/2020 at 22h52, by Gaëlle Arenson
DRC: SOKIMO wants to list its stake in the Kibali mine operated by Barrick
Klaus Eckhof devised the proposed transaction via AJN Resources. In the early 2000s, the geologist founded...
Mines
20/02/2020 at 17h14, by Gaëlle Arenson
Oumarou Idani still looking for investors for the Tambao manganese mine
According to our sources in Ouagadougou, the mining project that ended up in the hands of the Burkinabe...
Mines
20/02/2020 at 17h13, by Africa Business+
Angola’s privatisation of Endiama has reached the assessment phase
The IPO calendar for one of Africa’s largest diamond producers is still set for 2022. However, the stock...
Mines
19/02/2020 at 14h30, by Africa Business+
Cameroonian bauxite: Canyon is looking for $80 million and in talks with Camrail (Bolloré)
The Australian junior oil and gas company wants to move forward with its Minim-Martap site, one of the...
Mines
17/02/2020 at 16h18, by Africa Business+
Trafigura aims to secure its supply of cobalt by targeting Gécamines’ Entreprise Générale du Cobalt
While Gécamines, the Democratic Republic of Congo’s (DRC) national copper and cobalt producer, wants...
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