Africa and the Middle East - Page 2

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

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...

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...

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...

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...

Chalice Gold and Eritrean Government sign mining agreement
Monday, November 07, 2011 Chalice Gold Mines' joint venture firm Zara Mining Share (ZSMC) has signed a mining agreement with the Government of Eritrea for the financing and development of the Koka gold mine at the...

Katanga SPRL secures mining services contract for DRC project
Monday, November 07, 2011 Katanga SPRL has received a mining services contract for the development of the pit cut-back at the Dikulushi copper-silver project in the Democratic Republic of the Congo...

FCX approves second phase expansion of DRC project
Thursday, November 03, 2011 Freeport-McMoRan Copper & Gold's (FCX) board has approved the second phase of expansion at the Tenke Fungurmue project in the Democratic Republic of Congo...

Aveng Moolmans bags mining contract for South African mine
Wednesday, November 02, 2011 African firm Aveng Moolmans has been awarded an open pit mining contract worth R1.35bn ($167m) for the Tshipi Borwa manganese mine project in South...

Nantou Mining receives exploration permits renewal in Burkina Faso
Tuesday, November 01, 2011 Blackthorn Resources subsidiary Nantou Mining has received a three year renewal for its Seboun and Sepaogo exploration permits in Burkina...

TRE JV to develop Buckreef project in Tanzania
Monday, October 31, 2011 Tanzanian Royalty Exploration (TRE) has signed a joint venture (JV) agreement with the Tanzanian federal government to develop the Buckreef gold mine...

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