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Competition in African gas sector heightens

Slow development of gas economy in South Africa may push investors into other investment addresses. Wayne Lindecke, engineering consultant WSP power generation director said developers may focus their attention on other parts of Africa or other parts of the world where similar opportunities exist if South Africa does not speed …

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Regulatory vagueness cast shadow over South Africa

The controversial Reviewed Draft Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry, also known as Mining Charter III has led to low investor confidence and continuing breaches of trust between government and industry, resulting in declining constructive engagement. Amid lingering political uncertainty, the charter and …

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Jubilee buys 29% stake in BMR

Jubilee Metals Group has acquired a 29.01% interest in the enlarged issued share capital of BMR Group for £500 000 cash. The acquisition increases Jubilee’s interest in the Zambian Kabwe project to 57.41%, subject to Jubilee’s election to execute the Kabwe project. “The acquisition secures Jubilee the right to a …

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Respirable silica dust long-term exposure health effects

If you decide to take a walk along a sandy beach, you will be walking on millions of particles of crystalline silica, one of the most common minerals and an important element in the glass and ceramic industry. While it exists in nature mainly as quartz, silica is also used …

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Cobalt expected to be in short supply as battery metal demand grows

Analysts have suggested that cobalt will be the battery metal with the tightest supply/demand fundamentals in future. The demand for cobalt is being driven by the continued growth in the electric vehicles sector, which is resultantly driving the demand for this coveted metal. In light of the future fundamentals of …

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Mkango granted licence in Malawi

Mkango Resources has been granted an Exclusive Prospecting Licence for a nickel-cobalt deposit at Chimimbe Hill in the district of Mchinji in Malawi. The Chimimbe Hill licence covers an area of 98.48km² and features laterite and saprolite hosted nickel, cobalt, chrome and other mineralisation. Mkango Resources president, Alexander Lemon, says …

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Nzuri fast tracks DRC cobalt project

Chinese hi-tech enterprise Huayou Cobalt has made a significant investment in the Democratic Republic of the Congo (DRC). Huayou’s focus is the nonferrous smelting of cobalt (Co), nickel (Ni) and copper (Cu). The company has made capital available for the development and ongoing optimisation studies for the Kalongwe copper and …

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Alrosa expands Angolan diamond interests

Wargan Holdings, a company whose share capital is 100% owned by Russian group Alrosa, has acquired the 16.4% stake held by Odebrecht Mining Service Investments in the Catoca Mining Company (Sociedade Mineira de Catoca – SMC), according to an order published in Angola’s official bulletin, Diário da República. According to …

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New x-ray facilities for Konkola

As part of effort to speed up radiological diagnostic services for the Konkola Copper Mines medical services, the company has commissioned new x-ray medical facilities at it Nchanga South Hospital. Valued at US$135 000, the facilities will serve a catchment population of over 63 000 in four towns – Chililabombwe, …

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Copper hits two-week low, Zinc at Highest in more than a Decade

COPPER hit a two-week low on Monday, weighed down by a stronger dollar and as the market consolidated following sharp gains in December, while zinc again reached its highest in more than a decade on supply concerns. The dollar rose against the euro, making dollar-priced metals costlier for non-U.S. investors, …

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