Resolute Mining strengthens US$ gold hedge book

Resolute has forward sold an additional 30,000 ounces of gold at an average price of US$1,519 per ounce in scheduled monthly deliveries of 5,000 ounces.

From bust to boom: Africa attracts exploration spend

The past 18 months has seen a uptick in exploration. There have been boom and bust cycles in the past – the latest cycle lasting longer than expected.
Oriental Rubber

Oriental Rubber: Innovative conveyor belt solutions

When Sadanand Makar started Oriental Rubber Industries in 1949, he did so in order to supply rubber products to the Indian Army.

African countries concerned with growing dependence on China

Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. China is a central figure in this.

Phosphate acid technology to be commercialised

JDCPhosphate is moving to commercialise its proprietary technology and changing its name to Novaphos.

Senegal’s phosphate production volumes set to increase

Avenira has completed a feasibility study to expand its Baobab phosphate project in Senegal to a phosphate rock mine with a concentrate capacity of 1 Mtpa.
finance africa

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.

Avenira awarded Gadde Bissik exploitation permit

ASX-listed Avenira has received an exploitation permit for the Gadde Bissik area within its Baobab phosphate project in the Republic of Senegal.

Emerging gold project in Senegal shows promising potential

Gold miner IAMGOLD Corporation says that the results of its feasibility study for its Boto gold project in Senegal outline an economically robust, low cost production project which will produce 140 000 ozpa over a 13-year lifespan
Thor Explorations

Thor Explorations: capitalising on first mover advantage

TSXV-listed Thor Explorations has capitalised on its first-mover advantage in the under-explored country of Nigeria.

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