Mining Weekly covers real-time news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals.
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Kefi announces launch of Tulu Kapi project

Aim-listed gold and copper exploration and development company Kefi has announced that the Tulu Kapi Gold Mines (TKGM) board has formally launched the project. "Our launch timing is fortuitously coinciding with the improved conditions in Ethiopia and all-time high gold prices. Tulu Kapi's high grade and high process recovery, combined with our project...

Mon May 20, 2024 18:45
Zimbabwe lithium miners table refinery plans under govt pressure

Four lithium mining companies have tabled plans to produce battery-grade lithium in Zimbabwe, a government official said on Monday. Zimbabwe, Africa's top producer of lithium, which is used in electric vehicle batteries and to store renewable energy, is prodding miners to refine the mineral locally as it hopes to boost its economy.

Mon May 20, 2024 17:46
Eskom board approves plan to operate Camden, Grootvlei and Hendrina to 2030

The Eskom board has given its approval for the continued operation of the Camden, Grootvlei and Hendrina power stations to 2030 – a departure from the original decommissioning schedule that has reportedly been endorsed by Cabinet. In response to a question posed by Engineering News during an update on the Energy Action Plan, head of generation Bheki...

Mon May 20, 2024 16:17
Montage Gold proposes new directors

Canada-listed Montage, which is aiming to be a multi-asset African gold producer, has set June 7 as the date for its annual general and special meeting. Shareholders will vote on a proposed slate of director nominees, comprising six individuals: Ron Hochstein, Richard Clark, Anu Dhir, David Field, Allessandro Bitelli and Martino De Ciccio.

Mon May 20, 2024 13:23
Copper hits record above $11 000 on bets that shortage looms

Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages. Futures on the London Metal Exchange jumped more than 4% in early Monday trading, taking copper past $11 000 a ton for the first time. The market has seen many...

Mon May 20, 2024 13:23
Implats concludes a new empowerment transaction at Impala Rustenburg, Impala Bafokeng

JSE-listed Impala Platinum (Implats) has concluded a series of agreements, facilitating the implementation of a broad-based black economic empowerment (BBBEE) transaction at its Impala Rustenburg and Impala Bafokeng assets. The transaction will result in 13% BBBEE ownership at both Impala Platinum, which owns the Impala Rustenburg and Impala Refineries...

Mon May 20, 2024 12:26

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