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Rio Tinto to end partnership in aluminium smelter

By on October 30, 2014 in Mining, Others with 0 Comments
Rio Tinto to end partnership in aluminium smelter

Rio Tinto plans to sell its shares in an aluminium smelter in Cameroon, ending several decades in partnership with the government because the project no longer fits the global mining group’s strategy, reports Reuters Africa. Rio has been edging away from aluminium since its $38bn 2007 acquisition of Canadian giant Alcan soured during the financial […]

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Madagascar Graphite deposit upgraded

By on September 24, 2014 in Mining, Others with 0 Comments
Madagascar Graphite deposit upgraded

Toronto-based Energizer Resources has upgraded a portion of the National Instrument (NI) 43-101 mineral resource estimate for its Molo graphite deposit in southern Madagascar to measured status and has increased the overall size of the resource. In 2012 the company announced a maiden NI 43-101 resource of 124,31 million tonnes (mt), consisting of an indicated […]

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Eritrean Mining – Phased start-up to reduce initial capital costs

By on August 11, 2014 in Gold, Mining, Others with 0 Comments
Eritrean Mining – Phased start-up to reduce initial capital costs

The recent signing of the shareholder agreement between Toronto-listed Sunridge Gold and the Eritrean National Mining Corporation has accelerated activities on the Asmara copper- zinc-gold project and the mine is on track to start production in 2015. The Asmara project is to be held and operated by the Asmara Mining Share Company of which Sunridge […]

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Results prove surface mineralisation of graphite project in Tanzania

By on July 25, 2014 in Mining, Others, Power with 0 Comments
Results prove surface mineralisation of graphite project in Tanzania

The consistency of Australian company Kibaran Resources second group of assay results from the recent reverse circulation (RC) drill programme at its Epanko deposit within the Mahenge graphite project in Tanzania confirms significant graphite mineralisation at its surface. The drilling programme focused on shallow, highly-weathered soft graphite mineralisation, as the liberation and preservation of large […]

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Aluminium project clears Guinea hurdle

By on July 8, 2014 in Mining, Others with 0 Comments
Aluminium project clears Guinea hurdle

Guinea’s parliament has approved amendments in a deal with Emirates Global Aluminium, which will see the start of bauxite production in 2017 and the construction of a 2 million tonne per year alumina refinery from 2018.“The National Assembly unanimously adopted the amendment of Global Alumina project,” Saadou Nimaga, legal counsel of Guinea’s mines ministry told […]

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