Africa

Pan-African explorer Oranto Petroleum is farming into two exploration blocks located onshore Zambia, as part of the company’s first investment in the country. “Oranto Petroleum is committed to an aggressive work program to increase the level of prospectivity in one of the world’s last true frontier markets,” said Prince Aurthe …

Tanzania-focused mineral sands developer Strandline Resources has signed a binding sales contract for 100% of the ilmenite to be produced over the life of mine at the Fungoni minerals sands project currently under development in Tanzania. Tanzania – Strandline Resources signed the binding sales agreement with China’s Maoming Ubridge Group …

Glencore subsidiary Katanga Mining has been served a freezing order against 75% operating subsidiary Kamoto Copper Company (KCC), in the amount of US$2.28 billion. The freezing order was served in the DRC by Ventora Development Sasu, a company affiliated with Dan Gertler and comes just after the local owned mining …

Global fan and industrial ventilation firms – TLT MechCaL and TLT ACTOM have announced plans to roll-out its new South African brand: TLT-Turbo Africa, across the continent. The brand will offer clients across the African continent, combined expertise and innovation of the two industry leading firms. “The re-branding of these …

ASX-listed Tanzanian-focused flake graphite development company Volt Resources has announced it is advancing graphite off-take agreements in Tanzania. Members of the management team from Volt Resources recently visited China to advance discussions on binding off-take agreements in line with the company’s progress in development funding, Stage 1 feasibility study, development …

De Beers’ rough diamond production for the first quarter of 2018 increased 15 percent to 8.5 million carats, reflecting the ramp-up of production from Gahcho Kué in Canada, which reached nameplate capacity in Q2 2017, and increased production from Orapa in Botswana in response to the sustained healthy trading conditions. …

Volt Resources Ltd remains upbeat to raise US$40 million on the Dar es Salaam Stock Exchange to progress the Bunyu Graphite project. Trevor Matthews, Volt Resources Chief Executive Officer has reiterated that the company remains upbeat on Bunyu Graphite Project, as demand and supply for the commodity shifts, sending up …

Walkabout Resources Ltd is engaged in ongoing dialogue with Tanzanian government to pave way for progress on the Lindi Jumbo Graphite Project. The company is talking to authorities at the highest level of government in a meaningful dialogue with the ministry of mines of Tanzania. “The only outstanding matter pursuant …

International diamond miner De Beers Group has announced intentions to pilot a programme called GemFair, to create a secure and transparent route to market ethically-sourced artisanal and small-scale mined (ASM) diamonds. The scheme GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, …

Tanzanian-focused flake graphite development company Volt Resources Limited has announced that Bunyu Graphite project’s environmental approvals continue to progress in line with expectations, with the National Environment Management Council (NEMC). On the backdrop the company is working on the US$40 million Note Issue with the Tanzanian Capital Markets and Securities …