African mining news
IronRidge Resources Ltd announces 2020 financial results
IronRidge Resources Ltd has announced its audited results for the year ended 30 June 2020.
Pensana Rare Earths awarded issue of equity
Pensana Rare Earths Plc has announced that Fundo Soberano de Angola, the Angolan Sovereign Wealth Fund, has recently agreed to make a further equity investment in the company of approximately US$8.6 million.
IronRidge Resources announce additional drilling results
IronRidge Resources Ltd has reported additional high-grade drilling results from the second phase drilling programme at the Ebilassokro and Ehuasso targets, both within the Zaranou Gold Project area.
SRK Consulting: Investors, beware the preliminary assessment
According to SRK Consulting, the dire state of the global economy may be prompting a considerable number of preliminary economic assessments being published.
Longonjo mineral resource estimate upgraded
Pensana Rare Earths Plc has announced a substantial upgrade to the mineral resource estimate for its Longonjo Project, Angola.
South African mining responding to new ways of training workforces
New Leaf Technologies is witnessing growing interest among large mining companies to move away from traditional training in favour of e-learning programmes.
IronRidge Resources commence third phase Zaranou drilling programme
IronRidge Resources Ltd has reported the commencement of its third phase drilling programme within the Zaranou Gold Project area, Ivory Coast.
Castillo Copper confirms copper target at Luanshya Project
Castillo Copper Ltd has announced encouraging results from the recently completed infill soil geochemical sampling campaign at its 100% owned Luanshya Project in Zambia.
Barrick sells stake in Morila
Barrick Gold Corp. and AngloGold Ashanti Ltd have agreed to sell their 80% interest in the Morila gold mine in Mali to Mali Lithium Ltd for cash consideration estimated at between US$22 million and US$27 million, depending on closing adjustments.
Zaranou delivers gold continuity at Ehuasso Main
IronRidge Resources has recently reported additional drilling results from the second phase drilling programme at the Ebilassokro and Ehuasso targets, both within the Zaranou Gold Project area, Ivory Coast.