Southern Africa
News
Desert Lion Energy ships first lithium concentrate to Chinese offtake partner
Dual-listed Namibian lithium developer and emerging lithium concentrate producer Desert Lion Energy’s off-take partner, Jiangxi Jinhui Lithium Co., has cleared the first 30 000...
Diamonds & Gemstones
Pangolin Diamonds Corp. gains ground in Botswana
Pangolin Diamonds Corp. has finalised its joint venture agreement with Makanwu Civil Blasting and now owns a 75% interest in the diamondiferous AK10 diamond project in Botswana
Base Metals
AfriTin confirms high-grade recovery potential at Uis project
AfriTin Mining has completed additional dense medium separation test work for the upgraded phase 1 processing plant at its Uis tin project in Namibia.
Coal
Kibo Mining shareholders to vote on name change
Kibo Mining plans to put forward a resolution seeking approval for changing the name of the company to Kibo Energy at its AGM to be held on Monday 30 July 2018.
Features & Analysis
New rigid haulers from Volvo to hit southern African markets
Babcock is preparing to introduce a new line-up of rigid haulers into the mining and quarrying sector in southern Africa following Volvo Construction Equipment’s announcement that the Swedish equipment manufacturer has launched its own range of Volvo CE-branded rigid haulers.
Diamonds & Gemstones
Latest exceptional stone tender nets US$32.48 million for Lucara Diamond
Lucara Diamond Corp. has achieved gross revenues of US$32.48 million from its 12th exceptional stone tender held in June 2018.
Business and policy
CITIC Metal to loan US$100 million to Ivanhoe Mines
Robert Friedland, executive chairman of Ivanhoe Mines, and Lars-Eric Johansson, CFO, have announced that CITIC Metal, a wholly-owned subsidiary of CITIC Limited, has agreed to make a major investment acquiring a significant 19.9% stake in Ivanhoe Mines.
Diamonds & Gemstones
Kagem Mining reaches agreement with unions on pay hike
Kagem Mining has successfully concluded negotiations with trade unions regarding improved conditions of service and salaries for employees at the Kagem emerald mine in Zambia.
Gold
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.
Diamonds & Gemstones
Two diamond players appoint new senior leaders
LSE-listed Gem Diamonds and Canadian diamond junior Lucara Diamond Corp have both made new appointments within senior management roles.
