News

Australia’s Strandline Resources has agreed to sell its Tanzania mineral sands assets to a subsidiary of rare earths and mineral sands miner Shenghe Resources. Strandline will receive a total of $43-million, comprising A$27.2-million for the sale of Strandline’s shares in the Tanzania projects and A$15.8-million for the assignment to Shenghe …

The operations of AngloGold Ashanti remain conflict-free as of December 31, 2023, the gold miner states in its ‘Conflict-Free Gold Report 2023’ on May 31, emphasising that it extracts gold in a manner that does not fuel conflict. AngloGold follows guidelines of the World Gold Council’s Conflict-Free Gold Standard at …

Aim-listed Katoro Gold prioritised resource development at its Haneti project, in Tanzania, during the year ended December 31, 2023, owing to it being mindful of funding constraints. Early in the year, Katoro successfully raised £150 000 (gross), which was used for ongoing working capital and to conclude the project assessment …

Water scarcity poses a significant barrier to Africa’s growth and development, with climate change and deteriorating infrastructure intensifying the challenges, says advisory and analytics firm Frost & Sullivan consultant Hannro Steenekamp. He explains that South Africa’s ongoing water crisis, where about half of Johannesburg’s population of over 5.5-million people have …

Independent diamond miner Petra Diamonds’ sixth tender cycle for the 2024 financial year yielded $44-million from the sale of 371 000 ct. CEO Richard Duffy says like-for-like prices were marginally down through this seasonally quiet period, being 2.6% lower than for Tender 5, with demand slightly muted owing to Indian …

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final (conditional) approvals during May, while project launch preparations have started at Tulu Kapi. Kefi highlights that these developments coincide …

In a move aligned with its ambitious expansion plans, Andrada Mining has chosen to incorporate TOMRA XRT sensor-based sorting technology into its flagship Uis Mine in Namibia. This strategic acquisition includes the addition of pre-concentration circuits aimed at enhancing the mine’s output. The Uis tin mine, one of Namibia’s largest …

Organisers of the annual renowned mining jamboree Mining Indaba have announced the theme for next year’s event. According to the organisers, the Mining Indaba 2025 will be held under the banner: Future-Proofing African Mining, Today! “Together, let’s mine not only precious resources but also hope, resilience, and a legacy worthy …

Africa’s once-promising allure for mining exploration has dimmed considerably, according to the latest Fraser Institute Survey of Mining Companies. The continent now houses the most jurisdictions ranked at the bottom of the global attractiveness index, raising concerns about policy uncertainty and environmental regulations. While rich in mineral wealth, numerous African …

After a remarkable seven-year tenure, Dennis Vietze, the Managing Director of Wacker Neuson South and Sub-Saharan Africa, is embarking on a new chapter. Effective October 1st, 2024, Vietze will take the helm of Wacker Neuson Australia & New Zealand. Vietze’s African odyssey began in June 2017, and since then, his …