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Hemi gold project, Australia – update
Published: 17 May 24
De Grey Mining has launched a fully underwritten equity raising, derisking the equity component of the financing for the project.
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Bankan gold project, Guinea
Published: 17 May 24
A prefeasibility study has outlined robust production and financial metrics for the project.
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Berg gold project, Canada
Published: 17 May 24
Surge Copper plans to build a gold mine based on large-scale conventional drill, blast, load and haul openpit mining methods suited to the project location and local site requirements.
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Mining-focused manufacturers see innovation as key to survival and future growth
Published: 17 May 24
Amid the challenges of loadshedding, logistical constraints and volatile commodity prices, South Africa’s mining-focused manufacturers and equipment suppliers view ongoing innovation, including embracing digitalisation and artificial intelligence (AI), as increasingly central to their survival and future growth. Mining Equipment Manufacturers of South Africa (Memsa) CEO Lehlohonolo Molloyi describes local manufacturers in the sector as “resilient” and responsive to the needs of the sector, highlighting in particular how innovation has played a central role in improving the domestic mining sector’s once-dismal safety record.
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AfDB approves strategy paper
Published: 17 May 24
Earlier last month, the board of directors of the African Development Bank (AfDB) Group approved the Country Strategy Paper (CSP) for Zambia for 2024-2029, which sets out two priority intervention areas, including boosting the development of the private sector through investments in infrastructure and developing the country’s agricultural value chain. “The aim of this new CSP is to support Zambia’s vision of speeding up its socioeconomic transformation to improve livelihoods,” says AfDB Zambia country office head Raubil Durowoju.
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