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Firebird advances feasibility of manganese sulphate production in China

Published: 07 May 24

Australia’s Firebird Metals has announced promising results from its feasibility study for the production of battery grade manganese sulphate in China. The study, focused on the first stage of production, uses third-party manganese ore and yielded “excellent” outcomes. The study, Firebird says, validates its China-based lithium manganese iron phosphate (LMFP) growth strategy, which aims to establish itself as a low-cost producer of battery-grade high-purity manganese sulphate and high-purity manganese tetra oxide. Both are key cathode materials in LMFP batteries for electric vehicles.

Zimbabwe aims to use FDI to develop a competitive economy by 2030

Published: 07 May 24

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments into key sectors of its economy to further develop the country by 2030. This objective is encapsulated in its National Strategy Vision 2030 and, to attract investors, the country has entered into negotiations to settle compensation claims linked to land seizures from farmers two decades ago, as well as to settle its international debt default to tap into international finance markets.

Marula appoints young local professional as Larisoro mine manager

Published: 07 May 24

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned subsidiary Muchai Mining Kenya. His appointment follows the company partnering with Kenyan manganese mine operator Gems and Industrial Minerals to buy new processing and mining equipment for the operation, as well as undertake an exploration programme.

Atlantic achieves positive drilling results at Ewoyaa target

Published: 07 May 24

Africa-focused lithium exploration and development company Atlantic Lithium has reported that initial assay results from the drilling completed so far this year at its Ewoyaa project, in Ghana, have delivered impressive intersections, providing confidence in the growth potential of the current 35.3-million-tonne lithium oxide resource. Executive chairperson Neil Herbert explains that these results are from the new Dog-Leg target, located on the northern tip of the Ewoyaa Main deposit, outside of the current mineral resource estimate (MRE), where drilling has returned multiple high-grade and broad near-surface extensional intersections, including 27 m at 1.85% lithium oxide from 126 m in these most recent results.

Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana

Published: 07 May 24

Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana. Jonah has made valuable contributions to the mining sector in Africa, including as former president of gold miner AngloGold Ashanti and having served on the boards of companies such as Moto Gold Mines, Vodafone Group, Standard Bank Group, Roscan Gold and Bank of America Corporation’s Global Advisory Council.

Glencore sells stake in Peru zinc miner Volcan

Published: 07 May 24

Swiss-headquartered Glencore has announced a definitive agreement to sell its stake in Volcan Compañia Minera to a subsidiary of Integra Capital. Transition Metals will pay Glencore $20-million for a stake in Volcan, which mines zinc, lead and silver in Peru.

Kefi progressing Ethiopian gold project towards launch

Published: 07 May 24

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final (conditional) approvals during May, while project launch preparations have started at Tulu Kapi.

South Deep gold output well down as Gold Fields implements recovery plan

Published: 07 May 24

With first-quarter gold production down 34% at South Deep gold mine, Gold Fields is focusing on setting up the well-endowed long-life Gauteng operation for longevity, quality ounces and sustainable production increases. The challenging quarter of the bulk mechanised mine near Westonaria, west of Johannesburg, which has been built to extract one of the world’s largest gold deposits, is focusing the resolve of the Johannesburg- and New York-listed Gold Fields to increase backfill tipping points, increase long-hole stope drilling and improve ventilation, road conditions and service utilities underground.

South African unions urge Anglo shareholders to reject BHP bid

Published: 07 May 24

South Africa’s biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group’s bid to buy Anglo American. The Congress of South African Trade Unions (Cosatu), which includes the National Union of Mineworkers (NUM) among its members, said a deal wouldn’t be in the national interest. South African shareholders hold about 26% of Anglo, with the PIC owning 8.4%, according to data compiled by Bloomberg.

Panthera restructures ownership of Mali, Nigeria projects

Published: 07 May 24

Aim-listed Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure Panthera’s ownership interests in the Kalaka gold project, in Mali, and the Paimasa, Dagma and Dext gold projects, in Nigeria. Following completion of the restructuring, Panthera will own 100% of Maniger and, consequently, increase its relevant interest in the Kalaka project from 40% to 80%.