Perseus Mining confident of winning ok for OreCorp takeover
Perseus Mining (TSX: PRU; ASX: PRU) is far from giving up on its intended acquisition of OreCorp (ASX: ORR), saying on Monday it was confident of receiving unconditional approval from…
Africa
Video: Mazumdar highlights sector’s challenges; need for sentiment shift
Of the many challenges facing the mining sector right now, the biggest one is investor sentiment, says Joe Mazumdar, mining analyst, editor and writer of the Exploration Insights Newsletter. Mazumdar,…
Sun Peak shares rise as it looks to resume exploration in Ethiopia
Shares in Canadian junior miner Sun Peak Metals (TSXV: PEAK; US-OTC: SUNPF) rose to their highest level in nearly three years on Wednesday after announcing it’s prepared to resume exploration…
Ivanhoe, Trafigura to be first users of African rail through Angola
Canada’s Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) and commodities trader Trafigura on Wednesday made a deal to transport copper by rail from the Democratic Republic of Congo (DRC) to neighbouring…
Tanzania backs SilverCorp takeover of ASX-listed gold developer OreCorp
Silvercorp Metals’ (TSX: SVM; NYSE: SVM) planned takeover of African gold developer OreCorp (ASX: ORR) has been cleared by the Tanzanian Fair Competition Commission (FCC). The decision paves the way for…
De Beers expands presence in Angola after 2012 retreat
De Beers has inked a series of agreements with Angola, including one with state-owned diamond miner Endiama, covering processing and exploration prospects. The pacts between the parties build on exploration…
NextSource to reach full production at Madagascar graphite mine by July
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) said on Monday it plans to achieve nameplate capacity of 17,000 tonnes of concentrate per year at its Molo graphite mine in Madagascar by…
Gates, Bezos-backed KoBold says Zambia copper find largest in a century
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, said on Monday its Mingomba asset in Zambia is the country’s largest copper deposit in a century and…
VRIC: Gold set to gain as shine comes off US dollar
Escalating U.S. debt and a global move away from the U.S. dollar as the world’s reserve currency presents opportunity for gold and a complex landscape for mining, a recent industry…
B2Gold speeds towards Q3 resource at Antelope, near Otjikoto mine in Namibia
B2Gold (TSX: BTO, NYSE-AM: BTG) says drill results released today confirm the potential to expand production at its Otjikoto mine in Namibia. The results were from drilling conducted last year…
Lifezone Metals rises on new nickel discovery at Kabanga
Shares in Lifezone Metals (NYSE: LZM), 17% owned by BHP (NYSE: BHP; LSE: BHP; ASX: BHP) rose in the early hours of Monday’s trading session on news about a high-grade nickel…
Private equity firms are poised to invest billions in battery metals
Private equity firms say they will boost investments in battery metal projects this year as depressed company valuations, plunging commodity prices and slumbering stock market financing create opportunities. London-based Appian…