Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
African Metals Corporation (AFR) has reported the successful delivery of the Dense Media Separation (DMS) plant, spirals bank and ancillary equipment to the Luisha South copper project in the DRC’s Katanga province. Clarification of pre-existing import documentation issues with DRC customs had caused a delay in the transfer of ownership registration to Kundelungu Mineral Resources (KMR), a subsidiary of AFR.