ASX-listed Firefinch Ltd has announced its arrival at a final investment decision (FID) for the Goulamina Lithium Project in Mali, in tandem with the board of Chinese joint venture (JV) partner Ganfeng Lithium. The decision comes after Firefinch published a key update to the definitive feasibility...
African Rainbow Minerals, a South African mining company backed by billionaire Patrice Motsepe, has agreed to purchase Anglo American Platinum’s mothballed Bokoni platinum mine (BPM) for R3.5 billion (US$221 million). The deal comes after a collection of the world’s biggest platinum miners declared record dividends this...
Barrick Gold’s subsidiary Bulyanhulu Gold Mine has signed a binding agreement to acquire six prospecting licences in Tanzania, located in areas adjacent to the namesake Bulyanhulu mine in the country’s Northwest. The agreement between Bulyanhulu and a subsidiary of Tembo Gold was announced by Twiga Minerals,...
TSXV-listed Thor Explorations has announced an initial NI 43-101 standard mineral resource estimate for the Makosa deposit, located in the Southern portion of its Douta gold project in Senegal. The resource estimate is supported by 35,728 metres of drilling and currently stands at 15.3 million tonnes grading...
Northam Platinum Holdings has trumped fellow JSE-listed miner Impala Platinum’s (Implats) agreement to buy out Royal Bafokeng Platinum (RBPlat) with its own R17 billion deal for a major 33.3% stake in the South African PGMs producer. The controversial new sale of shares agreement between Northam and...
Chifeng Jilong Gold Mining has agreed to acquire Ghana-focused gold miner Golden Star Resources via a statutory plan of arrangement for US$470 million. The deal, which is to be executed by a majority-controlled unit of China’s Chifeng, will see Golden Star shareholders receive $3.91 for each...
The Atlas Foundation – a charity founded by former England Rugby Union international Jason Leonard – has officially handed over its Atlas DigiBus to the Vusa Rugby and Learning Academy in Cape Town, South Africa. The Atlas DigiBus is a mobile digital classroom, equipped with Wi-Fi,...
South Africa’s two biggest coal producers - Exxaro Resources and Seriti Resources - have struck a memorandum of understanding (MoU) with state-owned power utility Eskom to develop renewable energy projects. The first phase is expected to include a number of solar photovoltaic facilities both on-mine and...
BHP is in early discussions with Robert Friedland’s Ivanhoe Mines over the potential acquisition of a vast copper exploration territory in the Democratic Republic of the Congo (DRC), according to unnamed sources close to the proceedings. The move for Western Foreland – an exploration zone neighbouring...
African gold producing giant Endeavour Mining has set an ‘ambitious’ target to discover 15-20 million indicated ounces of gold from its projects across West Africa over the next five years. The company, which recently listed in London to complement its primary listing on the TSX, has...