African mining news

Akobo Minerals AB has secured a convertible loan to fund the first phase of the Segele boutique mining operation in Gambella, Ethiopia.

The Federal Government of Nigeria, through the Ministry of Mines and Steel Development, seeks suitably qualified local and international investors with pre-requisite experience, technological expertise, and financial capacity, through a transparent and competitive bidding process, to carry-out bitumen development to a meaningful extraction-level under a public-private partnership arrangement.

CMOC’s KFM copper-cobalt mine in the Democratic Republic of Congo will start production in 1H23.

Kore Potash has signed a heads of agreement for the construction of the Kola Potash Project.

Nimba Development Company has commenced a preliminary, technical information exchange with the Government of Guinea as part of its development of the Nimba iron ore mine.

Atlantic Lithium Ltd has announced initial assay results from the ongoing resource and exploration drilling programme at the Ewoyaa Lithium Project in Ghana, West Africa.

Fortuna Silver Mines Inc. has provided an update on construction activities at its Séguéla gold project located in Côte d’Ivoire.

Castillo Copper Ltd has granted Hyperion a 12-month option to acquire 100%-owned subsidiary, Zed Copper, which owns four projects in Zambia’s copper-belt, for total consideration of £3.75 million.

The Secretariat of the SADC has appointed DMT Group to lead on the delivery of an investment programme that will empower regional mining value chains.

Resolute Mining Ltd has announced the latest results from the 2022 exploration drilling at Syama North.