After Rio Tinto, De Beers also seals deals for diamond exploration in Angola


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De Beers Group announced yesterday the signing of two Mineral Investment Contracts (MICs) with the Government of Angola for licence areas in north-eastern Angola. Both contracts formalize the award and exercise of mineral rights over a period of 35 years each, allowing De Beers Group to explore and mine diamonds in the southern African country. […]

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World’s leading titanium manufacturer to set up 200 MW solar plant in South Africa


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Tronox Holdings, one of the world’s leading producers of high-quality titanium products, has signed a power purchase agreement (PPA) this week with South African IPP SOLA Group for 200 MW of solar power capacity. The project is expected to be commissioned by Q4 2023 and supply clean energy to Tronox’ mines and smelters in South […]

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South Africa’s Tharisa mine to run on solar with upcoming 40 MWp facility


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TotalEren and Chariot have announced today the signing of a new Memorandum of Understanding (MoU) with South African platfinum group metals and chrome producer Tharisa Plc. The agreement paves the way to develop, finance, construct, own, operate and maintain a 40 MWp solar PV project at the Tharisa mine in South Africa’s North West Province. […]

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Tanzania issues special mining license for world’s largest unexploited nickel deposits


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Following the signing of the Framework Agreement last January, the Government of Tanzania has now issued a special mining licence (SML) for a period of over 30 years for the Kabanga Nickel project, covering the full life of the project. The Kabanga Nickel Project holds the world’s largest development-ready nickel sulphide deposit and will produce […]

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World’s second-largest mining company enters Angolan diamond mine


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Last week in Lison, Angola’s Ministry of Mineral Resources, Petroleum & Gas and Angola’s national diamond company Endiama signed a mining investment contract with Rio Tinto for the Chiri diamond concession in the Lunda Norte Province in northern Angola, at the border with the Democratic Republic of Congo (DRC). The negotiations had been ongoing since […]

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AVZ Minerals secures Chinese investor for major DRC lithium and tin project


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AVZ Minerals has announced this morning the signing of a transaction implementation agreement (TIA) with Suzhou CATH Energy Technologies of China. Under the agreement, CATH will earn a 24% equity interest in the joint-venture set up to develop the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). In return, CATH is […]

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Thor Explorations has poured first gold at Nigeria’s flagship gold mine


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Over the weekend, Thor Explorations has poured first gold from its Segilola Gold Mine in Nigeria’s Osun State. This is a critical milestone for the project where commercial production is expected in September. Once fully commissioned, the plant will run at a processing rate of 715,000 tonnes per annum, targeting about 85,000 ounces of gold […]

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