The International Council of Mining and Metals (ICMM) and the China Chamber of Commerce of Metals, Minerals and Chemical Importers and Exporters (CCCMC) have entered into a formal agreement to help promote sustainable development in Chinese companies’ overseas mining investments. The new agreement makes ICMM and CCCMC’s wealth of expertise …
Read More »Magnis seals deal with World Group
Australian company Magnis Resources has entered into a three-year flake graphite sales agreement with major European group World Plastik ve Petrokimya Sanayi ve Ticaret. “This announcement is significant for the company and is one of the very few sales agreements in the marketplace with fixed pricing. It highlights the substantial …
Read More »Rio Tinto revamps commercial activities
As intentions to increase mine-to-market value heighten in the Rio Tinto stable, the company has created a high profile position to stir this endevour. According to the company it intends to reinforce its focus on driving value across the business from mine to market with the appointment of Simon Trott …
Read More »IIDGR expands footprint to Singapore
International diamond company De Beers Group has announced that it will provide diamond verification services to Singapore Diamond Mint Company’s (SDM) new investment-grade diamond product, Diamond BullionTM, listed on the Singapore Diamond Investment Exchange (SDiX). De Beers’ International Institute of Diamond Grading & Research (IIDGR) said will use its proprietary …
Read More »Chinese company acquire controlling stake in Walkabout
The developers of Tanzania’s Lindi Jumbo Graphite Project, Walkabout Resources Ltd’s recently announced placement has closed fully subscribed, The 15 per cent placement raised a total of A$1.555m to be used to progress engineering and procurement works at the Lindi Jumbo graphite Project in southern Tanzania. Walkabout has secured Yantai …
Read More »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 …
Read More »Chinese buys controlling stake in Walkabout Resources
Chinese engineering firm Jinpeng Mining and Machinery has invested US$1M in Walkabout Resources via a placement authorised by the board. The development comes, as the company prepares to submit a mining licence the Lindi Jumbo Graphite Project in south eastern Tanzania. Following the share acquisition Jinpeng will now become WKT’s …
Read More »De Beers finds new partnerships in Asia
De Beers Group’s International Institute of Diamond Grading & Research (IIDGR) has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China. The new partnerships are with Aurora Diamond in Thailand, DOJI Group in Vietnam and Chow Tai Seng and CHJ in China, reflect …
Read More »Lucara completes two capital projects in Botswana
Canadian junior diamond miner, Lucara Diamond has completed Mega Diamond Recovery (MDR) and the Sub-middles XRT capital projects within budget and ahead of schedule at its Karowe Mine in Botswana The new MDR circuit treats material in the size range between 50mm and 120mm and is located directly post the …
Read More »Syrah Resources signs sales agreement with BTR New Energy Materials
ASX-listed Syrah Resources has signed a binding sales agreement with Jixi BTR Graphite Industrial, a wholly owned subsidiary of Shenzhen BTR New Energy Materials. The agreement between Syrah Resources and BTR New Energy Materials (BTR) is for 30 000 tons of graphite from the Balama operation in the first year …
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East African Mining News Unearthing Mining Opportunities in East Africa