Tag: Africa mining news
Striving for green recovery, EU adds lithium to critical materials list
The European Union needs to diversify its sources of materials, ranging from silicon to rare earths, the Commission said, an issue highlighted after global...
Nigeria says can tap mineral wealth despite covid-19, unrest
Nigeria aims to have 50 mines in operation by 2023 and can make up for time lost because of the impact of Covid-19 on...
Cobalt prices surge on electronics boom, tight supply
Benchmark Mineral Intelligence reports cobalt hydroxide prices surged by more than 22% to more than $26,000 per tonne in August from July, while cobalt...
Danakali flags improvements to Eritrea potash project
Australia’s Danakali (ASX, LON:DNK) said on Wednesday it has completed an updated process plant and infrastructure study for its Colluli potash project in Eritrea, which has...
Virtual reality gaming moves into mine safety training
Training miners for real-life blasting experiences often involves taking workers up to 3,000 feet underground, and actual training can be tedious, costly, and dangerous.In...
Gem Diamonds finds 233 carat rough at Letšeng mine
Africa-focused Gem Diamonds (LON: GEMD) has found a 233-carat type II white rough at its iconic Letšeng mine in Lesotho.The finding follows the discovery of a 442-carat...
IronRidge Resources becomes member of European Battery Alliance
Australia’s IronRidge Resources announced that it has been accepted as a member of the European Battery Alliance, an organization committed to driving a competitive...
China Moly’s H1 cobalt production down 24%
China Molybdenum Co., one of the world’s biggest cobalt producers, saw its output of the battery metal fall 24% year-on-year in the first half,...
AngloGold, Barrick to sell 80% of Morila mine in conflict-ridden Mali
AngloGold Ashanti and partner Barrick Gold are selling their 80% stake in Mali’s Morila gold mine amid political uncertainty in the country still reeling...
Friedland’s Nimba iron ore project to get World Bank backing
The World Bank is said to be mulling a $135 million investment in the proposed Nimba iron ore mine in southeastern Guinea, which is...
Investors who missed gold rush pile into platinum funds
Platinum holdings in exchange-traded funds have surged to a record, raising the prospect of a catch-up rally for the precious metal after months of...
Rhodium price on track for new record as mine output plummets
The price of rhodium has been on a stomach-churning ride this year, rocketing from $6,050 an ounce at the start 2020 to a record high of...
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