Africa

ASX-listed Kibaran Resources has completed a resettlement action plan (RAP) for the planned development of the Epanko graphite project in Tanzania. The RAP program has been conducted by Kibaran Resources in accordance with the highest global standards for social and environmental planning and achieves the performance standards prescribed by the …

Shanta Gold has cancelled its proposed £3.5-million buyout of TSX-V-listed Helio Resources in Tanzania. The country’s new mining legislation has been cited as a potential influencer to the termination of the deal. “Accordingly, having taken professional advice and upon due consideration, Shanta Gold will not be acquiring all of the …

Kenya’s government in collaboration with the country’s Chamber of Mines has announced plans to host the second edition of the Kenya Mining Forum. Elodie Delagneau, Event Director of Kenya Mining Forum said the jamboree is slated for from 13-14 November in Nairobi. “We want to establish and consolidate Kenya’s position as a …

Air compressors used in industry are, for the most part, well-proven, reliable pieces of equipment, able to operate for years with relatively little maintenance. However, their very reliability can lead to problems when the quality of their intake air is neglected. “Many industrial air compressors work in very dusty conditions, …

Kefi Minerlas has signed on-site funding agreement for Tulu Kapi gold project in Ethiopia. The $135-million deal with Oryx Management to finance and operate all the on-site infrastructure follows Kefi’s signing of terms with the Ethiopian government to fund the building of all off-site infrastructure for the project. “Kefi has …

Canadian company First Cobalt has announced intentions to close the transaction of a strategic alliance for a 70% interest in seven prospective copper/cobalt exploration properties in the Democratic Republic of Congo (DRC). The development is expected to progress exploration in one of the world’s ‘high-reward cobalt jurisdictions’. Targeted seven properties …

Kenya is reviewing its mining code, a year after enacting new legislation, as it seeks to attract investment into an industry that’s barely grown over the past five years. The government is working with the UK Department for International Development-funded Extractives Hub to come up with a revised law that …

Mineral sands producer Base Resources has reported record quarterly revenue for the three months to June, as ilmenite and zircon prices continued to improve. The unit revenue per tonne of product sold during the quarter increased to $297/t, compared with the $258/t reported in the previous quarter. Mineral sands production …

The share price of graphite developer Graphex Mining rose by nearly 35% on the ASX  last week after the company’s Chinese partners reaffirmed their commitment to the Chilalo project, in Tanzania. Graphex told shareholders that it had revised the terms of a proposed joint venture (JV) and equity investment agreement …

Rare-earth element mining company Rainbow Rare Earths says it has made significant progress towards achieving first production at its Gakara rare earths project, in Burundi, East Africa, with about $6- million invested in the project to date. $4-million relates to the proceeds of a $8-million fund raise and initial public …