IDC

Lucapa Mothae

Lucapa secures US$7 million of development funding

ASX-listed Lucapa Diamond Company and the Government of Lesotho have announced the finalisation of US$7 million of development funding.
finance

US$100 million for project finance in Africa

The African Development Bank and the Industrial Development Corporation of SA have signed a US$100 million loan to finance infrastructure projects.
regulation

Thakadu begins construction of purification plant

Thakadu Battery Materials held a ceremony to mark the construction phase of its nickel sulphate purification plant at Lonmin's base metals refinery.
coal

Anglo American cuts all ties with Eskom

Anglo American has completed the sale, by its 73%-held subsidiary Anglo American Inyosi Coal, of the New Largo thermal coal project and Old New Largo closed colliery in South Africa.
regulation

DMR launches junior miners programme

The DMR has launched a” junior miners’ programme” to provide opportunities for new entrants identified throughout the mining value chain, as well as assist with issues of access to funding, compliance and access to markets.
Nigeria

IDC keen to invest in DRC mining projects

The Industrial Development Corporation of South Africa is keen to invest in mining projects in the DRC, in particular copper, cobalt, and zinc mining...

DiamondCorp loan deferred, to raise cash to alleviate financial pressure

DiamondCorp has experienced development delays at its Lace mine, placing it in financial difficulties – leading it to issue new shares to raise cash....

Chamber of Mines to launch 1st commercial fuel cell

South Africa - The Chamber of Mines of South Africa in partnership with the Industrial Development Corporation (IDC) and the Department of Trade and...

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