Zimplats to start US$470 million mining project in Zimbabwe

Platinum-4jg29dPlatinum mining company Zimplats has announced plans to close its Rukodzi mine in Zimbabwe and invest US$470mn in opening a new mine, to increase its capacity utilisation

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Base Titanium to export zircon from Kwale mines in Kenya

rob lavinsky-zirconMining company Base Titanium has applied for a permit to export products from its Kwale Mineral Sands mining project in Kenya

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Aureus Mining secures loan facility for gold project in Liberia

gold-bullionvaultAureus Mining has signed a US$88mn project finance loan facility deal with South Africa’s Nedbank and Rand Merchant Bank, to aid with the development of its New Liberty Gold Project located in the Bea Mountain mining licence in Liberia

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South Africa’s Sibanye offers to buy Wits Gold for US$39 million

beatrix operationsSouth Africa’s Sibanye Gold has offered to buy Witwatersrand Consolidated (Wits Gold) for US$39mn, to enhance its footprint in the Wits Basin

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Centamin to purchase African miner for US$40.9 million

Centamin GoldEgyptian gold miner Centamin has agreed to buy Ampella, which has significant interests in west and southern Africa, for US$0.16 per share or US$40.9mn

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