African Mining Industry Sees Significant M&A Activity
A slate of new transactions has been announced in recent months as companies move to unlock the full potential of Africa's mining industry. ... Global …
A slate of new transactions has been announced in recent months as companies move to unlock the full potential of Africa's mining industry. ... Global …
RAK's sister company P 2 Mining, a subsidiary of Rhino, was established in 2009 for the mining of old and written-off reserve shafts and boasts a proven track record of operating full shafts. Today, P 2 Mining has secured the management and operation of a chrome mine in the Eastern Limb of the Bushveld complex in South Africa.
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Deep dive into our mining intelligence. Companies around the world continued to focus on advancing Africa's pipeline of projects in 2023. The region's …
Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in …
Corporate Overview. New Africa Minerals is a privately held investment company that develops and manages a portfolio of mining assets. Our growth strategy and philosophy are based on a combined approach of developing green-field projects, mergers and …
NFC Africa Mining PLC is an international mining company with its core business in the development of non-ferrous metals. View all 307 employees.
Mining Professionals - Wasia African Mining Co. Ltd has successfully established a human hub of exceptional skills and expertise as well as linking these pool of talents to local mining companies across several states. Wasia African mining Co. Ltd is a Nigerian-based mining company with RC No. 1480359. Since we started as a mining firm, we …
In November, the Nigerian government unveiled plans to revise its crucial mining law, the Nigeria Minerals and Mining Act (NMMA). The outdated law, which hasn't been updated since 2007, is accused of stifling growth in the nation's underdeveloped mining sector. Mining currently generates just 0.3% of GDP and leaves the country …
Harmony to meet FY24 guidance. "Operational excellence, alongside our safety efforts, has ensured that we recorded another stellar year. We continue delivering excellent underground-recovered grades from our South African operations. I commend each operation for its positive performance.". — Peter Steenkamp, CEO. LEARN …
Mining contributes approximately R220bn to GDP each year. In the 2021/22 tax year, mining contributed R127bn out of R318bn in tax collections. 1% of South Africa's export revenue is attributed to primary mineral exports. The numbers do not lie. When the mining sector works, the broader South African economy kicks into higher gear.
Integrity is vital in any business, but is particularly critical at New Concept Mining, because people's lives depend on the quality of our products. ... New Concept Mining is internationally certified to ISO 9001:2015. ... South Africa. PO Box 125000, Alrode 1451 Rustenburg Branch
Mozambique. Angola. MACIG. January 29, 2020. The 2020 edition of the Mining in Africa Country Investment Guide (MACIG) marks the seventh year of partnership between Global Business Reports and the African Mining Indaba. The publication will be launched in February 2020 at the event in Cape Town before being …
Dec 14, 2023. Based on a revenue ranking as of December 2022, the South African multinational mining company Anglo American Platinum was the largest mining company headquartered in Africa. In that ...
Small wonder that Africa, still relatively unexplored, has become a magnet for mining companies looking to unearth new deposits to accelerate the energy transition and unlock wealth for the continent. ... On the carbon emissions front, for example, a major mining company operating in South Africa has started using hydrogen-powered trucks ...
November 13, 2011. US-based private equity firm Denham Capital has committed $200m to start a new African mining venture in partnership with South Africa's Pangea Exploration. The new joint venture will review opportunities in a range of minerals such as gold, platinum group metals, iron ore, coal and copper across Africa.
D'Anna says, "I look to Namibia for lithium as that next frontier out of Africa to drive the requirement for critical mineral exploration and exploitation. And certainly, if the …
Junior mining company Minbos has announced a nonbinding memorandum of understanding (MoU) with South Africa -based Foskor for a potential supply agreement …
New Largo, which has a resource of 585Mt, has the potential to become a large-scale, long-life coal mine, able to supply Eskom's adjacent Kusile power station and Seriti's various coal markets with around 12 Mtpa of thermal coal over 50 years. Seriti has a 67.5% stake in New Largo Coal together with the Industrial Development Corporation ...
The Kalana (80%) gold project has the potential to produce 150,000 oz. per year, according to the company. The reserve estimate was updated earlier this year to proven and probable reserve of 35.6 ...
Business Africa. South African mining is a major source of foreign exchange and jobs. The country's minerals are key to its economic growth and recovery strategy. Many of South Africa's ...
Rio Tinto's board has approved the world's biggest mining project in west Africa, chief executive Jakob Stausholm said as he outlined the company's ambition to produce iron ore from the ...
The Tonkolili iron ore mine was initially developed by UK-based African Minerals (AML) through its subsidiary Tonkolili Iron Ore in Sierra Leone, West Africa. The mining lease for the project was approved in August 2010. In September 2011, the Chinese steel company Shandong Iron & Steel Group acquired a 25% interest in the …
Considering the theme of the Investing in African Mining Indaba 2024 – Embracing the power of positive disruption: A bold new future for African mining – the term 'disruption' has come to describe a raft of rapid technological and other advancements that have significantly changed the way we do business today.
Africa Mining IQ is an online mining information service that helps you expand and increase your sales reach into Africa. Real-time project intelligence. Be the first to know all the new developments and movement in the industry. We deliver up-to-the-minute reporting with a dedicated research team, and send you notifications on developments via ...
Over Close to 170 companies rely on Africa Mining IQ to help them drive business within the African mining industry. Invest in mining in South Africa. Become an Africa Mining IQ data subscriber and have the latest mining intelligence at your fingertips. Call us on +27 11 830 2132 or send us an enquiry here.
In the first draft of the current charter it called for a top-up of black ownership to 30% in a year, while the later draft in 2017 gave mining companies five years to increase the levels. For existing mines however, there is no required increase in the final draft. "The removal of the top-up from 26%-30% is important," says Chabana.
Caledonia Mining Corporation Plc ("Caledonia" or the "Company") is a Zimbabwean focused exploration, development and mining corporation. Caledonia owns a 64% stake in the gold-producing Blanket Mine …
In a significant development for South Africa's mining sector, the Minerals Council South Africa has endorsed the Department of Mineral Resources and Energy's (DMRE) decision to engage a new consortium for their cadastral system. This change, aimed at reviving the exploration and development aspects of the mining industry, is …
East African Mining Corporation PLC (EAMC) was established to explore the untapped potential of various minerals in Ethiopia. Currently, the company is primarily engaged in coal mining and coal trading. It owns a coal mine concession and conducts open-cast coal mining. The company supplies its coal exclusively to National Cements SC and other ...
The 2024 West Africa Mining & Power Conference & Exhibition (WAMPOC/WAMPEX) was held on 5-7 June 2024 at the Grand Arena of the Accra International Conference Center. ... List's visionary leadership and unwavering dedication to excellence have propelled Nguvu Mining to new heights, establishing the company as a leader in the …
A bold new future for African mining. ... Leading mining companies have committed to reduce carbon emissions as part of their role as good corporate citizens. This has led to initiatives to decarbonise mine sites and to meet ambitious sustainability targets; the testing of a hydrogen-powered mining truck in South Africa typifies the commitment ...
Responsibly creating value together for a shared future. Thungela is a leading pure-play producer and exporter of high quality, low-cost thermal coal in South Africa. As a responsible thermal coal miner, we recognise society's ongoing needs and …
our people. While we all have different aspirations, we have a common bond: working for Endeavour. Our primary objective is to minimize potential environmental impacts throughout the lifecycle of our mines, from discovery through to post-closure, and to ensure the environment is maintained and enhanced for current and future generations …
The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments ...
The 2022 average all-in sustaining cost to produce one pound of copper in Africa is estimated at 207 U.S. cents, lower than the global average of 231 cents/lb. This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.
Cape Town, 16 February 2024: Africa Finance Corporation (AFC), the continent's leading instrumental infrastructure solutions provider, has announced several strategic partnerships on the sidelines of the recently concluded 2024 Mining Indaba conference in Cape Town to boost Africa's mining sector, ushering the continent into a new era of growth and …