Desert Lion

Dundee Precious Metals undertakes empowerment transaction in Namibia

Dundee Precious Metals' Namibian subsidiary, Dundee Precious Metals Tsumeb, has entered into an agreement with Namibian black-empowered investment vehicle, Greyhorse Mining, to transfer 8% of its shares to the investment vehicle to aid previously disadvantaged Namibians.
Investment

Namibia cobalt project gets major cash injection to advance forward

ASX-listed cobalt junior Celsius Resources has completed a bookbuild for the issue of approximately 48.6 million shares to raise $9 million which it will use to advance its Opuwo cobalt project in Namibia.
Firestone Diamonds

Diamond exploration in Zimbabwe on the up

Confidence in Zimbabwe’s new regime is clearly growing as two companies form a partnership to explore for diamonds in the country.
Gecamines

Katanga Mining – from the frying pan into the fire

Glencore subsidiary Katanga Mining has been served a freezing order against 75% operating subsidiary Kamoto Copper Company (KCC), in the amount of US$2.28 billion.
Zimbabwe

Zimbabwe local listing off the cards as government finalises Mining Act

President Emmerson Mnangagwa is proving that his determination to drive investment into Zimbabwe after announcing he will drop the requirement for mining companies to list on the local stock exchange.
Platinum Group Metals

DMR grants approval for RBPlat acquisition of Maseve

Dual listed Platinum Group Metals has received government approval for Royal Bafokeng Platinum (RBPlat) to acquire 100% of the shares in Maseve Investments 11,...
BEE

Mining licence grants reinstated in Tanzania

The government of Tanzania has announced the establishment of a Mining Commission in accordance with the Mining Act as announced by the President of...
Base Resources

Shareholders show confidence in African minerals sands developer

Strandline Resources has announced that a number of its major shareholders, including three institutional investors and one director, have elected to exercise options in the company. Further...
Mantashe

Mining Charter engagements make slow but steady progress

Mineral Resources Minister Gwede Mantashe today led the second meeting of social partners to receive a progress report on work currently underway in the...
Mining Charter

“Once empowered always empowered” victory may aid Mining Charter discussions

On 4 April 2018 the High Court of South Africa ruled in favour of the “once empowered, always empowered” principle. This ruling may lead...

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