Hong Kong-based trader Noble Group has agreed to lend South African miner Resource Generation US$65mn to develop its Boikarabelo coal project in the country’s Waterberg area
Mining
UNDP sets up African Minerals Development Centre
The United Nations Development Programme (UNDP), in collaboration with some institutions, has launched the African Minerals Development Centre (AMDC), to aid with the sustainable development of the region’s extractive industry
Zimplats to start US$470 million mining project in Zimbabwe
Platinum mining company Zimplats has announced plans to close its Rukodzi mine in Zimbabwe and invest US$470mn in opening a new mine, to increase its capacity utilisation
Base Titanium to export zircon from Kwale mines in Kenya
Mining company Base Titanium has applied for a permit to export products from its Kwale Mineral Sands mining project in Kenya
Anglo American and its subsidiary to finance Ferrex’s iron ore project in Gabon
Anglo American and its subsidiary Kumba Iron Ore Limited have signed a two-year agreement to finance African mining explorer Ferrex for the Mebaga iron ore project in Gabon