Category Archives: Uncategorized

National mineral research organisation Mintek’s innovative Impril process technology has achieved crucial efficiencies in titanium production, the organisation reports. Titanium oxide (TiO2) is a key ingredient in creating white pigments. Its versatility makes it an essential compound in many industries, from paints and plastics to cosmetics, paper and textiles.

ASX- and TSX-listed Perseus Mining has completed the acquisition of the Nyanzaga gold project, in Tanzania, through the takeover of OreCorp, chairperson and CEO Jeff Quartermaine informs. The compulsory acquisition process of the remaining OreCorp shares was completed on May 20, and Perseus now owns 100% of the shares in OreCorp.

Aim-listed Katoro Gold prioritised resource development at its Haneti project, in Tanzania, during the year ended December 31, 2023, owing to it being mindful of funding constraints. Early in the year, Katoro successfully raised £150 000 (gross), which was used for ongoing working capital and to conclude the project assessment process.

AQSE-listed Marula Mining has signed a sales and offtake agreement with UK-based commodities trading group Fujax for manganese ore production from the Larisoro manganese mine in Samburu, Kenya. The agreement is for an initial 2 000 t of manganese ore, which is to be delivered by no later than July 1.

Miner and coloured gemstones marketer Gemfields Group earned total revenue of $35-million from an auction of higher-quality rough emeralds held from May 13 to 30. The rough emeralds sold were extracted by Kagem, which is 75%-owned by Gemfields and 25% by the Industrial Development Corporation of Zambia.

With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE- and ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible mining companies that will rise to the demand challenge and be competitive in the market. Copper mining sites globally have “less than satisfactory” environmental and social management practices, but funders and offtakers are increasingly supporting mining companies with solid environmental, social and governance (ESG) credentials, he tells Engineering News & Mining Weekly.

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad said on Thursday. The Anglo CEO faces pressure from investors to boost the company’s value by improving operational efficiencies and speeding up the sale of assets after rejecting three takeover proposals from the world No. 1 miner, which on Wednesday said it had no choice but to walk out.

The Competition Commission has approved the acquisition by Southern Point Resources (SPR) Fund I of Mokopane, the holding company for a mining right in South Africa’s Limpopo province.

SPR Fund I was established as an investment fund by the SPR group for mining projects in Southern Africa, particularly green metals and transition metals.

Botswana’s President Mokgweetsi Masisi on Wednesday called synthetic gems a threat to the country’s economic lifeblood, as the government readies to launch a $6-billion project to extend the life of its flagship Jwaneng diamond mine.

The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds, coupled with global macroeconomic volatility.

London-listed Gem Diamonds has recovered a 212.49 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho.

This is the sixth diamond weighing more than 100 ct to be recovered at the mine this year.