News
South Africa’s Impala Platinum signs black empowerment deal
South Africa’s Impala Platinum has entered agreements to implement a B-BBEE transaction for its Rustenburg assets as well as the Bafokeng assets that it took over in 2023.
This move will see black investors picking a 13% stake in both...
GOLD
KEFI announces launch of Tulu Kapi Gold project in Ethiopia
The project was launched by the Tulu Kapi Gold Mines (TKGM) Board, which includes representatives from KEFI, the Ethiopian Federal and Oromia Regional Governments.
This follows the establishment of dedicated site policing and the subsequent conditional confirmations from the project’s...
COPPER
Xtract forms JV to earn into Zambian copper mine
Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, which is in collaboration with Cooperlemon Consultancy, to potentially acquire up to a 70% stake in Zambia’s Silverking copper mine and its accompanying exploration licence.
The initial option...
GOLD
Capella to divest Savant Gold project to Prospector Metals
Capella Minerals has finalised the divestment of its entire interest in the Savant Gold Project to Prospector Metals. The deal concludes Prospector’s exploration under the earn-in agreement initiated in September 2020, which identified multiple high-grade gold targets.
Prospector Metals will make...
COPPER
Zambia could raise copper output by one million tonnes a year by 2026
Zambia’s copper output could rise to around one million tonnes (mt) a year by 2026 as investment in expanding production at mines continues to add to capacity, the nation’s finance minister, Situmbeko Musokotwane, said on Friday.
Copper production is a...
DIAMONDS
Western Mines Group starts diamond drilling at Mulga Tank Project
Mineral exploration company Western Mines Group has started deep diamond drilling at its Mulga Tank Project on the Minigwal Greenstone Belt in the Eastern Goldfields region of Western Australia (WA).
This move follows the completion of a phase two reverse...
News
Greenridge Exploration announces partnership with KorrAI Technologies
Greenridge Exploration Inc. has announced it has entered into a partnership agreement dated with KorrAI Technologies Inc. to implement its hyper-spectral imaging technology on the Company’s Nut Lake Uranium Project in Nunavut, Canada.
KorrAI will apply its proprietary technology on...
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