GoviEx has been awarded the gold award as ‘Best Mining Project’ at the Africa Investment Forum and Awards (AIFA) in Paris, France. The AIFA is an event dedicated to Africa business opportunities in fields such as mining, energy, infrastructure, and real estate. The award is a result of rigorous judging …
Read More »Walkabout’s highly prospective lithium licence approved
Government has granted Walkabout Resources a second Lithium exploration prospecting licence EPL6308, in the highly prospective and under-explored Orange River Pegmatite Belt. “The team has been working very hard at securing these premium unexplored licences with 27 kilometres of known pegmatite swarms running through them. Our intention is to assemble …
Read More »Sampling confirms lithium for Montero
Montero has confirmed the presence of the soft silver-white metal in central Namibia. “Our first channel sampling programme has confirmed lithium,” Montero Chief Executive Officer Dr Tony Harwood said recently in a statement. The exploration and development company says demand for lithium, which is used in the rechargable batteries of …
Read More »Engage more frequently, miners told
Electra Mining Africa has called for more dialogue for stakeholders in the mining industry despite economic challenges the sector face. “Although the mining industry is up against tough challenges and general industry remains under tight economic pressure, there is still a need for trade exhibitions and face-to-face interaction with clients,” …
Read More »Energy exploration firm sets eyes on Namibia
Impact Oil and Gas is optimistic that energy sector in Africa is destined for an upward swing. Mike Doherty, Executive Chairperson of the company said there was significant potential for growth in the oil and gas sector in Africa. He cited the continent’s ‘huge untapped potential’ offshore, particularly in deeper …
Read More »KAMAZ trucks enters Southern Africa market
Bell Equipment has announced intentions to enter Southern Africa’s tipper truck market through a partnership with KAMAZ, a Russian-based company. Synonymous with providing purpose designed trucks to the harshest applications, KAMAZ’s consistent strong performance in the challenging Dakar Rally is to spur, the company’s portfolio expansion. “After a long period …
Read More »Environmental non-compliance in mines exposed
The auditor general’s latest report has exposed perennial non-compliance within the mining industry. Government has learnt that environmental, pollution and other long-term damage to the environment by mines have not been monitored. Tabled before the National Assembly recently, the audit report for 2011/12 to 2014/15 indicates that mining sites across …
Read More »Kombat open pit mining granted clearance certificate
Trigon Metals has received the environmental approvals required to commence exploration at the company’s open pit mining project Kombat. Government recently awarded the company an environmental clearance certificate for proposed exploration on the mining licences held by Manila Investments (Pty) Ltd, an 80% owned subsidiary of Trigon. Valid for three …
Read More »Rio Tinto’s share buy-back balloons
Rio Tinto has committed an additional $2.5 billion to its ongoing share buy-back programme, returning the proceeds of the sale of Coal & Allied to its shareholders. The capital return programme will be executed through a combination of an off-market buy-back tender, targeting A$700 million (approximately $560 million) of Rio …
Read More »Next Graphite Project exceeds expectations
Next Graphite Incorporated, announced its second quarter and first half financial results for the period ended June 30, 2014. The Company also highlighted its milestones in the first half of the year. Said Next Graphite Chief Executive Officer, Cliff Bream, “We are very pleased at the pace of development of …
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