Thursday , June 4 2020

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Desalination Plant a “good buy” – Areva

The government’s surprise announcement that it will build its own desalination plant has not dissuaded French uranium miner Areva that its Erongo Desalination Plant may in fact not be a good buy. This follows protracted negotiations between the two parties for the sale of the desalination plant. The Minister of …

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Brazil’s Vale agrees to new terms with Mitsui Mozambique coal assets

Vale has agreed to new terms for the sale of stakes in a coal mine and railway project in Mozambique to shareholder Mitsui & Co, in a deal that will raise $768-million and could help Vale free up to $2.7-billion in funding commitments for both projects. The sale of Vale’s …

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Botswana government eyes own copper smelter

An Australian company with a stake in one of Botswana’s best copper discoveries this year says it wants to get to a final decision to start a prefeasibility study before the end of the year. The company’s representative also told delegates at an Australian mining conference that the Botswana government …

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