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Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • Weatherly narrows interim loss
    With a continuing upward trend in the copper price in 2017, Namibia-focussed Weatherly International narrowed its loss for the six months to December 31 to $5.9-million, compared with a loss of $11.2-million in the six months to December 2016. Revenue after royalties for the six-month period as $47.7-million, 26% higher than in the comparable period in 2016, reflecting the increase in copper price.
  • 15 MW Essakane hybrid plant inaugurated in Burkina Faso
    The 15 MW Essakane solar plant, in northern Burkina Faso, has been officially opened. The photovoltaic (PV) plant will supply electricity to Iamgold's Essakane gold mine.
  • In-principle agreement reached on some changes to Mining Charter 3 – Solidarity
    In-principle agreements have already been reached regarding certain changes to the third iteration of the Mining Charter, or Mining Charter 3, during negotiations held over the weekend, says trade union Solidarity. Mineral Resources Minister Gwede Mantashe and his deputy Godfrey Oliphant met with industry representatives over the weekend to discuss the charter.