Africa – Page 3 – M i N M E T

ZCCM-IH plans to increase stake in mines

October 15, 2020October 15, 2020 admin 0 Comments Africa, Copper, Zambia, ZCCM-IH

ZCCM-IH (formerly Zambia Consolidated Copper Mines or ZCCM) will take up a more active role as an investor in the

Jubilee to build Project Roan processing facility

October 13, 2020October 13, 2020 admin 0 Comments Africa, Copper, Copper concentrator, Project Roan, Sable Refinery, Zambia

As announced on 6 August 2020, Jubilee Metals Group has secured the rights to approximately 2 million tonnes of copper

Harmony Gold reports fatalities at Tshepong mine

October 13, 2020October 13, 2020 admin 0 Comments Africa, Gold, Harmony Gold Mining Company, South Africa, Tshepong mine

Harmony Gold Mining Company has reported that two of its employees were fatally injured on Saturday morning, following a fall

Scaw Metals Group to upgrade wirerod line

October 12, 2020October 11, 2020 admin 0 Comments Africa, Danieli, Scaw Metals, South Africa, Wire rod line

The new order, to be carried out by Danieli Service, will improve overall performances Scaw Metals Group, one of the

Afrimat buoyed by strong iron ore prices

October 9, 2020October 9, 2020 admin 0 Comments Africa, Afrimat, Iron ore, South Africa

In a short trading statement regarding Afrimat’s financial results for the six months ended 31 August 2020, the Company stated

SA mining companies performed well despite challenging year

October 8, 2020October 8, 2020 admin 0 Comments Africa, COVID-19 crisis, PwC, South Africa

Despite an extremely challenging year, South Africa’s mining companies performed on all fronts. Stakeholders benefited from the improved profitability with

Eskom CEO cleared of accusations of misleading the board

October 8, 2020October 8, 2020 admin 0 Comments Africa, Eskom, South Africa

Eskom has warned the public about the disinformation contained in some articles recently published in titles associated with the Independent

Africa builds new steelmaking plants

October 7, 2020October 7, 2020 admin 0 Comments Africa, Algeria, Morocco, Namibia, steelmaking

According to OECD Steel Committee, several new investment projects for steelmaking plants are already underway or planned in Africa, mainly

Jet Demolition to respond quickly to emergency projects

October 7, 2020October 7, 2020 admin 0 Comments Africa, Demolition, Jet Demolition, South Africa

Projects carried out under emergency conditions are generally more taxing than planned demolition works. “Our skilled personnel, combined with our

Afrimat applies for business rescue of Nkomati

October 6, 2020October 6, 2020 admin 0 Comments Africa, Afrimat, Coal, Nkomati Anthracite, South Africa

Afrimat has offered to acquire all the ordinary shares in Unicorn Capital Partners (UCP) not already held by Afrimat. UCP

Hwange Colliery idles due to persistent losses

October 6, 2020October 6, 2020 admin 0 Comments Africa, Coal, Cokemaking, Coking coal, Hwange Colliery, Zimbabwe

The condensed interim financial results for the six months ended 30 June 2020 have been reviewed by Grant Thornton Chartered

Insimbi Industrial Holdings releases trading statement

October 5, 2020October 5, 2020 admin 0 Comments Africa, ferrous and non-ferrous alloys, foundry materials, Insimbi, refractory materials, South Africa

Due to the Covid-19 restrictions and lockdown measures implemented by the South African government, Insimbi Industrial Holdings’ operations have been

PPC’s high growth of cement volumes in June to September

October 5, 2020October 5, 2020 admin 0 Comments Africa, Cement, DRC, PPC, Rwanda, South Africa, Zimbabwe

PPC’s cement operations ramped up in May 2020 post the Covid-19 restrictions imposed at the end of March 2020 across

South Africa’s lockdown weighed heavily on manganese metal

October 5, 2020October 5, 2020 admin 0 Comments Africa, Manganese, South Africa, World

In 2019, manganese ore prices experienced a gradual softening over the first three quarters of the year, followed by an

Precious Metals

Bakubung Platinum commissioning set for October 2021

October 2, 2020October 2, 2020 admin 0 Comments Africa, Bakubung Platinum Mine, PGM metals, Platinum, South Africa, Wesizwe Platinum

Wesizwe Platinum’s Bakubung Platinum Mine (BPM) development has been delayed, with the hot commissioning date now set for October 2021.

Kore Potash commences DFS for the DX Project

October 2, 2020October 2, 2020 admin 0 Comments Africa, Feasibility Study, Kore Potash, Potash, Republic of Congo

Kore Potash plc, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin,

Precious Metals

Harmony takes control of the Mponeng and Mine Waste Solutions

October 2, 2020October 1, 2020 admin 0 Comments Africa, Harmony, Harmony Gold Mining Company, Mine Waste Solutions, Mponeng, South Africa

Harmony Gold Mining Company announced on 1 October that the acquisition of Mponeng mine and Mine Waste Solutions from AngloGold

Power purchase agreement for Tete Steel and Vanadium

October 2, 2020October 1, 2020 admin 0 Comments Africa, Kibo Energy, Mozambique, Power Station, Tete Steel and Vanadium

Kibo Energy PLC, the multi-asset, Africa focused, energy company, has provided an update on its ongoing negotiations regarding a Power

Precious Metals

AngloGold Ashanti closes South African Asset Sale

October 1, 2020October 1, 2020 admin 0 Comments Africa, Anglogold Ashanti, Gold, Harmony, South Africa

AngloGold Ashanti has announced that the sale of its remaining mines in South Africa to Harmony Gold Mining Company Limited

AMSA to restart blast furnace as steel demand recovers

September 30, 2020September 29, 2020 admin 0 Comments Africa, ArcelorMittal South Africa, Blast Furnace, South Africa

On the 16 July 2020, ArcelorMittal South Africa (AMSA) said that, having reassessed its strategic asset footprint for 2020, the

Kenmare Resources: Plant Relocated Safely to Pilivili

September 30, 2020September 29, 2020 admin 0 Comments Africa, Kenmare Resources, Mammoet, Moma Titanium Minerals Mine, Mozambique, Titanium, zircon

Kenmare Resources plc, one of the leading global producers of titanium minerals and zircon, which operates the Moma Titanium Minerals

South32’s SA manganese production decreased by 14%

September 29, 2020September 29, 2020 admin 0 Comments Africa, Mamatwan, Manganese, Metalloys smelter, South Africa, South32, Wessels mine

South32’s South Africa Manganese saleable ore production decreased by 14 percent (or 309kwmt) to 1,878kwmt in FY20 as South32 responded

Merafe Resources announces ferrochrome price for Q4-2020

September 28, 2020September 28, 2020 admin 0 Comments Africa, Ferrochrome, Glencore, Glencore-Merafe Chrome Venture, Merafe, South Africa

In its ferrochrome price announcement for the fourth quarter of 2020, Merafe Resources has advised that the European benchmark ferrochrome

Lafarge Zim and CBMI sign a contract for grinding plant

September 27, 2020September 26, 2020 admin 0 Comments Africa, grinding plant, Lafarge Zimbabwe, LafargeHolcim, Zimbabwe

Lafarge Zimbabwe, a LafargeHolcim subsidiary, and CBMI, a China National Building Materials (CNBM) subsidiary, have announced the signing of a

Sasol update on Secunda Synfuels Operations

September 27, 2020September 26, 2020 admin 0 Comments Africa, Sasol, Secunda Synfuels Operations, South Africa

Sasol’s Secunda Synfuels Operations has made progress on rehabilitating the Secunda black products area and is in the early stages

New nuclear power plant in SA unlikely this decade

September 26, 2020September 26, 2020 admin 0 Comments Africa, Koeberg, nuclear power station, South Africa

Africa’s only commercial nuclear power plant houses two 900 MW reactors, located at Koeberg, near Cape Town in South Africa.

Zimbabwe’s NSSA lifts prohibition on Diamond Cement

September 25, 2020September 24, 2020 admin 0 Comments Africa, Cement, Diamond Cement, Zimbabwe

The National Social Security Authority (NSSA) has lifted a prohibition order which it issued to Livetouch Investments subsidiary Diamond Cement

Precious Metals

Kada Gold project area in Guinea set to double

September 25, 2020September 24, 2020 admin 0 Comments Africa, Gold, Golden Rim Resources, Guinea, Kada Gold project

Golden Rim Resources Ltd has provided an update on the Kada Gold Project in Guinea. Recently, the Company announced that

Kibo Energy develops plants in Africa and the UK

September 24, 2020September 24, 2020 admin 0 Comments Africa, Botswana, Coal, Green Energy, Kibo Energy, Mozambique, Tanzania, UK

Following key acquisitions which included the Mabesekwa Coal Independent Power Project (MCIPP) in Botswana, the Benga Power Plant Project (BPPP)

Buffalo Coal was granted mining right in KZN

September 24, 2020September 24, 2020 admin 0 Comments Africa, Buffalo Coal, Coal, South Africa, Zinoju Coal

Buffalo Coal, a South African based company with mining operations based in Dundee, KwaZulu-Natal, has announce that on 22 September