The SAIMM is a professional institute with local and international links aimed at assisting members source information about technological developments in the mining, metallurgical and related sectors.
The latest mining world news and project information from Africa. providing updates on the progress of future, new and existing projects. Developments in mining legislation, policies, investments and infrastructure will be highlighted
Junior Mako Gold has inked a definitive sales agreement to divest of its Niou permit and Niou Sud permit, in Burkina Faso, to Nord Gold SE (Nordgold).
Under the terms of the sales agreement, Mako will receive $700 000 in up-front cash, and will retain a 1% net smelter royalty if Nordgold discovered a gold resource of at least two-million ounces and advances the project to production.
The London Metal Exchange (LME) has pulled the plug on the biggest annual gathering in the metals market, canceling all its own events during October’s LME Week because of coronavirus concerns. From its origins as an annual gathering organized by the LME’s golf association, the week-long roster of conferences and cocktail parties has for years marked the traditional start of annual supply negotiations in the metals markets. The LME Dinner attracts more than 1 000 guests, and thousands more descend on London for meetings and side events organized by brokers, banks and trading houses.
Infill soil sampling has confirmed and enhanced multiple large-scale gold soil anomalies at Aim-listed IronRidge Resources’ Zaranou gold project, in Côte d'Ivoire. The licence borders with Ghana and is along strike from significant operating gold mines.