African Business Network (ABN) | African Business Network (ABN) delivers news, analysis and information covering all aspects of African business and commerce.

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African Business Network (ABN) | African Business Network (ABN) delivers news, analysis and information covering all aspects of African business and commerce.

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Firefinch and JV partner Ganfeng approve Goulamina Lithium Project in MaliMotsepe-backed African Rainbow Minerals to acquire Bokoni platinum mine for R3.5 billionBarrick subsidiary to acquire six prospecting areas in TanzaniaThor Explorations publishes initial mineral resource for Makosa deposit in SenegalNortham Platinum secures R17 billion deal for RBPlat under the nose of ImplatsWassa gold mine in Ghana to come under Chinese ownership following $470 million saleAtlas Foundation hands over DigiBus to Cape Town rugby academySouth African coal miners arrive at ‘landmark’ renewable energy MoU with EskomBHP reportedly looking at DRC copper project in unexpected strategy shiftEndeavour targeting 15-20 million ounces of gold discoveries in new exploration outlook

Mining

Firefinch and JV partner Ganfeng approve Goulamina Lithium Project in Mali

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...
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Mining

Motsepe-backed African Rainbow Minerals to acquire Bokoni platinum mine for R3.5 billion

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...
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Barrick subsidiary to acquire six prospecting areas in Tanzania

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...
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Thor Explorations publishes initial mineral resource for Makosa deposit in Senegal

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...
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Mining

Northam Platinum secures R17 billion deal for RBPlat under the nose of Implats

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...
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