Africa and the Middle East - Page 1

Stay up to date with the latest Africa and the Middle East updates from the global mining industry

Latest Africa and the Middle East Update

BHP Billiton divests stake in Richards Bay Minerals
02 February, 2012
BHP Billiton has exercised an option to sell its 37% interest in Richards Bay Minerals (RBM) to partner Rio Tinto for an undisclosed...
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London Mining launch equity offering to develop Marampa mine
Wednesday, January 25, 2012 London Mining plans to raise $90m through an ordinary share offering to increase development and production at the Marampa iron ore project in Sierra...

Afferro Mining to divest iron ore project in Liberia
Wednesday, January 18, 2012 Afferro Mining has received final approval from the TSX Venture Exchange to divest its stake in the Putu iron ore project, located in...

Gold One completes acquisition of Rand Uranium
Tuesday, January 10, 2012 Gold One International has completed the acquisition of Rand Uranium for...

Perseus Mining increases resource estimate at Ghanaian gold mine
Friday, December 23, 2011 Perseus Mining have announced a 954,000oz increase in measured and indicated (M&I) mineral resources at its Edikan Gold Mine (EGM), located in...

Anglo American commissions iron ore mine in South Africa
Thursday, December 22, 2011 Anglo American has commissioned its new 9Mtpa Kolomela iron ore mine in South Africa's Northern Cape and the mine has shipped its first product of 100,000t of iron ore lump from the port...

Glencore buys 80% stake in Rosh Pinah Zinc
Friday, December 16, 2011 Glencore International has acquired an 80.08% stake in Rosh Pinah Zinc Corporation, a zinc and lead miner in Namibia, for an undisclosed...

BHP to divest stake in South African coal mine
Wednesday, December 14, 2011 Global mining company BHP Billiton said it will sell an 8% stake in its South African coal unit to a consortium led by the Pembani Group for an undisclosed...

Affero Mining to divest stake in Liberian iron ore project
Tuesday, December 13, 2011 Affero Mining has unveiled plans to divest its 38.5% stake in the Putu iron ore project located in Liberia to Lybica Holdings for...

Glencore completes Umcebo stake sale
Friday, December 09, 2011 Glencore International has completed the acquisition of a 43.66% equity interest in South Africa-based coal mining business Umcebo...

Ruby Creek completes mining asset acquisition in Tanzania
Wednesday, December 07, 2011 Gold exploration and mining company Ruby Creek Resources has completed the acquisition of Gold Standard Tanzania’s assets, which are located adjacent to its Gold Plateau...

London Mining begins production at Sierra Leone mine
Tuesday, December 06, 2011 London Mining has started production of iron ore from its Marampa operation in Sierra...

Extract Resources' subsidiary bags mining licence for Namibian project
Friday, December 02, 2011 Extract Resources' subsidiary Swakop Uranium has received a mining licence for the Husab uranium project from Ministry of Mines and Energy of...

Pan African starts platinum production at South African project
Thursday, December 01, 2011 Pan African has produced first platinum group metal (PGM) concentrate from its chrome tailings retreatment plant (CTRP) at the Phoenix platinum project in South Africa, two months ahead of...

Goldplat receives mining lease for Kenya project
Friday, November 25, 2011 UK-based Goldplat has received a 21-year mining lease for its Kilimpesa gold mine from the Kenyan Minister for Environment and Mineral...

Lonrho recovers 53.25 carat diamond at Angola project
Thursday, November 24, 2011 Lonrho Mining has recovered a 53.25 carat diamond from its Lulo project located about 150km west of the Catoca diamond mine in...

Vale to invest $6bn for Mozambique coal mine expansion
Thursday, November 24, 2011 Vale's board has approved the expansion of the Moatize coal project in Mozambique, with an investment of...

Noble Minerals receives environmental permit for Ghana project
Tuesday, November 15, 2011 Noble Mineral Resources has received an environmental permit from the Ghana Environmental Protection Agency for the Bibiani gold mine in western...

Denham Capital and Pangea form new African mining firm
Monday, November 14, 2011 US-based private equity firm Denham Capital has committed $200m to start a new African mining venture in partnership with South Africa's Pangea...

Great Western, TKS to develop Tanzanian copper project
Friday, November 11, 2011 Great Western Exploration has entered into a head of agreement with Kazakhstan's national mining firm Tau-ken Samruk (TKS), to develop the Spasskaya copper...

Anglo American to acquire stake in DB Investments and De Beers
Tuesday, November 08, 2011 Anglo American has entered into an agreement with CHL and Centhold International to acquire its 40% interest in DB Investments and De Beers for a total value of...

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