December 9, 2011
Iamgold sells Botswana gold mine for $34m to junior
Toronto’s Iamgold has sold its Mupane Gold Mine in Botswana to TSX-V-quoted junior Galane Gold for $34-million in cash and shares, the company announced on Wednesday.
December 9, 2011
Toronto’s Iamgold has sold its Mupane Gold Mine in Botswana to TSX-V-quoted junior Galane Gold for $34-million in cash and shares, the company announced on Wednesday.
December 9, 2011
African Barrick Gold said it will fall short of its 2011 production target because of escalating power disruptions to national grid electricity supply in Tanzania.
December 9, 2011
Kalahari Minerals (LON:KAH), whose main asset is the Husab uranium project in Namibia, has accepted a cash offer from Chinese Guangdong Nuclear Power Corp (CGNPC) valuing the London-listed company at…
December 9, 2011
Fraser Alexander was a foreman on a mine in South Africa in the early 1900s. He was in charge of building the sand and rock dumps.
December 9, 2011
A contract for the conveyor system for the extension to the Lumwana copper mine in Zambia has been awarded to Bateman. The scope of work covers design, supply, delivery, erection and…
December 8, 2011
If you ask Mark Bristow what it takes to build a successful gold mining company in Africa, he'll start by telling you what it doesn't take.
December 7, 2011
A planned iron ore mine and a steel plant, with the possibility of a new port, envisioned for the Kunene Region is likely to fast-track Namibia's march towards industrialisation. Eastern…
December 7, 2011
Brazil's Vale is set to move its first coking coal shipment next week from its Moatize mine in Mozambique, sources told Reuters on Tuesday. This will be the first coking…
December 7, 2011
Anvil Mining, a copper producer in the Democratic Republic of Congo, announced Wednesday China's Minmetals Resources has extended its $1.3 billion takeover offer for the second time, to January 11 next year. The…
December 7, 2011
Glencore International, the world's largest commodities trader, on Wednesday announced that it had completed the acquisition of an effective 43.66% equity interest in Umcebo Mining, a South African coal mining…
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