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Areva remains committed to Namibia despite depressed Uranium Prices

DESPITE a weak uranium oxide price and the perception that the Trekkopje mine in Erongo has closed down, Areva Resources Namibia remains committed to eventually being a major contributor to the national economy and social enhancement.This was the message of the company’s managing director Hilifa Mbako at the launch of …

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Kwale performance keeps up – Base

Mineral sands miner Base Resources has reported another solid quarter from its Kwale project, in Kenya, with heavy mineral concentrate (HMC) production up 24% over the previous quarter, from 166 000 t to 206 000 t.The miner said on Friday that a focus on debottlenecking the wet processing plant’s capacity had enabled …

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Triton Minerals establishes strategic alliance to explore graphite in Mozambique

Australian company Triton Minerals has signed an agreement to establish a strategic alliance for Mozambique with the AMG Mining AG group through its subsidiary GK Ancuabe Graphite Mine, the company said in a statement issued Tuesday. The strategic alliance has an initial validity of two years, during which the parties will …

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DRC Congo copper lead over Zambia

Zambia’s   neighbour, the Democratic Republic of the Congo, formerly Zaire is a vast mineral rich country and one of   the world’s wealthiest, yet   its population   wallows   in unimaginable squalor of poverty. The Central African   nation   is host to a variety of minerals such as, Diamonds, Gold, Coltan (vital   material   for …

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Australia’s Mozambi Resources starts graphite exploration in Mozambique

Australian company Mozambi Resources will carry out the initial work of graphite exploration in two license areas in the province of Cabo Delgado, Mozambique, the company said in a statement issued Tuesday. The two license areas are located in the vicinity of concessions with high quality graphite deposits of Triton Minerals …

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Mining firm studies battery grade graphite production in Tanzania

 KIBARAN Resources has started a high level study into the production of battery grade spherical graphite from its Epanko Project within the broader Mahenge Project in Tanzania. This will also evaluate the feasibility of establishing a spherical graphite manufacturing facility in Dar es Salaam. Recent testwork confirmed that both the …

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Sale of Richland’s Tanzanite mining assets concluded in Tanzania

THE London-listed Richland Resources this week closed the sale of its tanzanite mining unit, beneficiation and tsavorite licence interests in Tanzania to Sky Associates for US$ 5.1 million. The gemstone mining company revealed on Wednesday that it had completed its exit from Tanzania with the receipt of US$5.1 million from …

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Kenmare works to restore Moma mine power after floods in Mozambique

LSE-quoted Kenmare Resources is working to restore full power to its Moma titanium minerals mine, in northern Mozambique, after floods damaged the power line supplying grid power. The titanium minerals producer said it was operating diesel generators to continue processing heavy minerals concentrate, magnetic and nonmagnetic concentrate stocks and exporting product, with any available power supply alternated between the mineral separation plant and wet concentrator plant …

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Angola’s Endiama plans to buy gold to make jewellery

Angola’s national diamond company Endiama this year plans to purchase gold to make jewellery from the Central African Republic, the Democratic Republic of the Congo, Niger and Mali, the company’s chairman said in Cape Town. Sumbula told a group of investors at the International Conference on Mining Investment in Africa …

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Indian group Jindal Africa to remain active in Mozambique

Jindal Africa will remain active in Mozambique, despite the sharp drop in the price of coal on the international markets, the Chief Executive Officer of Jindal Africa Investments group said recently. The price of coal per ton has fallen from US$250 to a current average of US$100 and several mining …

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