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Waiting for the mining upturn will be too late says SRK

As the next Investing in African Mining Indaba in Cape Town looms in February, miners have been urged to look beyond the gloom of the current commodities slump and to start planning their next...

Montero evaluates extensive off-shore phosphate deposits in South Africa

South Africa – TSX-V listed Montero Mining and Exploration has completed an initial review of geological data relating to extensive off-shore sedimentary phosphate deposits within the Greenflash project area in South Africa. The Greenflash project is...

Minemakers to sign A$28m deal with Senegalese partner

Senegal – ASX-listed phosphates explorer and project developer Minemakers has entered into a non-binding Memorandum of Understanding (MoU) with Senegal-based Mimran Natural Resources (MNR). The MoU will see Senegalese equity partner, MNR, provide A$28 million...

Angolan mines ministry awards new licence for Minbos Resources Cacata deposit

Angola - The Angolan Ministry of Mines and Geology (MGM) has issued Minbos Resources a new  licence for its Cacata phosphate deposit. The new licence has been issued for a five year period expiring on 25 September...

Minemakers completes acquisition of Baobab phosphate project

Senegal – ASX-listed phosphates explorer and project developer Minemakers has completed the acquisition of Baobab Mining and Chemicals Corporation SA (BMCC), the company which owns the Baobab phosphate project in the Republic of Senegal, from...

Minbos Resources exits from Kanzi phosphate project in the DRC

DRC - ASX-listed Minbos Resources has entered into a binding agreement with African Phosphate (AFP) to dispose of its rights in the Kanzi project. Under the terms of the agreement, AFP has also acquired all...

Montero Mining to acquire 75% of Greenflash off-shore phosphate project in SA

South Africa - TSX-V listed Montero Mining and Exploration has entered a binding letter agreement with Greenflash 251 to acquire up to a 75% interest in the Greenflash off-shore phosphate project. Montero has six months...

Ambitious programme to exploit Senegal mining potential revealed

Senegal, one of West Africa’s most stable political jurisdictions, has unveiled an ambitious programme that prioritises diversification and exports of its natural resources as the country strives to become an “emerging country” within the...

Minemakers sells remaining SA legacy assets

ASX-listed phosphates explorer and project developer Minemakers has completed the sale of all of its remaining legacy assets in South Africa to investment company Spearhead Capital, the company announced on Thursday. These assets remained from Minemakers’...

Montero Duyker Eiland phosphate property reveals positive economics

South Africa - A report of TSX-V listed Montero Mining and Exploration’s Duyker Eiland phosphate property in South Africa has revealed that the project economics are positive but sensitive to phosphate rock prices and...

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