Africa
Underground Mining Expansion of $547mn Planned by Tharisa
It is well to be noted that Tharisa, the JSE as well as the London Stock Exchange-listed mining and metals company, stated that transitional capital for its dual underground development project over 10 terms would likely come to $547...
News
South Africa’s Impala Platinum signs black empowerment deal
South Africaโs 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...
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 Companyโs Nut Lake Uranium Project in Nunavut, Canada.
KorrAI will apply its proprietary technology on...
News
MAX Power acquires lithium exploration permits, Willcox Playa, Southeastern Arizona, USA
MAX Power Mining Corp. has announced its strategic entry into the American lithium sector with the acquisition of a district scale opportunity targeting lithium-rich brines and/or claystones in the 50 sq mileWillcox Playa in Cochise County, Arizona, approximately 200...
News
JX Nippon, Taniobis, AMG partner for tantalum production in Brazil
JX Nippon Mining & Metals and its member Taniobis have entered into a strategic partnership with Advanced Metallurgical Group (AMG) Brasil for tantalum production.
This is the initial step in JX Nipponโs efforts to expand into mineral resources business with...
News
FLSmidth to supply engineering equipment and service to Olaroz lithium facility
FLSmidth will complete a programme of work including engineering, supply of equipment and service to the Sales de Jujuy Olaroz lithium facility in Argentina, formalising a relationship that commenced in early 2020. The order, valued at around DKK 200...
PLATINUM
Northam Platinum buys Eland mine from Glencore
Northam Platinumโs strategy of buying additional mines, as its strives to become a 1-million ounce a year platinum group metals producer, netted it Glencoreโs Eland Platinum mine for R175m cash. As part of the agreement, Glencore will have exclusive...
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