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Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • DMRE sets Jan 31 deadline for responses to RFI for 3 000 MW of near-term supply
    The Department of Mineral Resources and Energy (DMRE) on Friday released a request for information (RFI) in a bid to procure between 2000 MW and 3000 MW of power generation capacity "that can be grid connected in the shortest time at the least possible cost". Respondents to the RFI have been given until 10:00 on January 31 to make submissions.
  • First Quantum launches arbitration against Zambian State miner
    First Quantum Minerals has begun arbitration proceedings against Zambian State miner ZCCM-IH to try to resolve a dispute over a money transfer to the parent company of Kansanshi Mining, which is majority-owned by the Toronto-listed group. The arbitration proceedings follow a criminal complaint made by State-owned ZCCM-IH against the alleged unauthorised transfer of money by Kansanshi Mining to First Quantum's local subsidiary.
  • Northam raises R500m for Eland development
    Platinum group metals miner Northam Platinum has completed a private placement of senior, unsecured, floating rate domestic medium-term notes to the value of R500-million. This forms part of the company's R5-billion domestic medium-term note programme and the proceeds will be used for the recommissioning and development of Northam's Eland mine.