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Volt to list US$40 million bond on DSE

Tanzanian-focused flake graphite development company Volt Resources Limited has announced intentions to proceed with the issue of US$40 million in structured debt funding. Volt has engaged Exotix Capital to undertake a Tanzanian Bond issue to raise the required funding for the development of Stage 1 of the Bunyu project. Exotix has recommended …

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GoviEx Uranium scoops mining project award

GoviEx has been awarded the gold award as ‘Best Mining Project’ at the Africa Investment Forum and Awards (AIFA) in Paris, France. The AIFA is an event dedicated to Africa business opportunities in fields such as mining, energy, infrastructure, and real estate. The award is a result of rigorous judging …

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Latin America, Africa to redefine global mining

Technavio, global technology research and advisory company says the mining industry is expected to witness gradual growth during 2017 to 2021. The company attributes the development to increase in demand from minerals and metals, mostly from emerging economies. Researchers at Technavio believes that the untapped markets such as Latin America …

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Australian firm gets coal mining license in Botswana

Australian mining company African Energy Resources (AFR) has been granted a coal mining license in Botswana. The company said the 25 years mining license covers an area of 51.47km2 and contains 650Mt of raw coal in measured and indicated resources. “Granting of the mining license is an important step towards finalising the permits for …

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