Thursday , May 23 2019

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Namibia’s first lithium mine on track

Desert Lion Energy has filed an independent technical report for the country’s first large-scale lithium mine, 210km from the capital of Windhoek and 220km from Walvis Bay. Completed by Hatch Ltd and MSA Group, the report details the preliminary economic assessment (PEA) for the project, covering mining, concentrate and lithium …

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Rio completes Rössing Uranium sale

Rio Tinto has entered into a binding agreement with China National Uranium Corporation Limited (CNUC) for the sale of its entire 68.62 per cent stake in Rössing Uranium Limited for up to $106.5 million. According to a communiqué from the company, the total consideration comprises an initial cash payment of …

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De Beers’ diamonds prospects remains positive

International diamond group De Beers remains optimistic about its rough diamonds sales, as the year comes to an end. “As the industry’s focus turns towards the key end of year retail selling season, rough diamond sales continued to be in line with expectation during the ninth cycle of the year. …

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