UK-based Sable Mining Africa has planned to raise US$27.5mn through a private placement of 180mn shares to help it develop the Nimba Iron Ore project in south-east Guinea
Mining
Angola’s Catoca Mining Society to start diamond exploration in Zimbabwe in 2014
About three-quarters of the diamonds produced in Angola come from the Catoca mine, which is managed by the Catoca Mining Society. (Image source: Kim Alaniz/Flickr)
Angola’s Catoca Mining Society has said it will start exploring two fields in Zimbabwe for diamonds in 2014
De Beers Group starts construction of new underground mine in South Africa
Production from De Beer Groups Venetia underground diamond mine is expected to start in 2021. (Image source: De Beers Group)
The De Beers Group has started construction on a new underground mine located beneath its open-pit Venetia diamond mine in the Limpopo province of South Africa
Tata Steel to start mining at Côte d'Ivoire site in 2016
Tata Steel would produce about 20mn tonnes of iron ore from the Bonglo project, which would be supplied to its units in the UK and Netherlands. (Image source: Wikimedia Commons)
Indias Tata Steel has announced that it plans to start mining at its Bonglo iron ore project in Côte d’Ivoire in 2016
Namibian businessman and Pan African Resources bid for Navachab gold mine
The royalty of assets will be based on revenues generated from the sale of gold produced by the Navachab mine. (Image source: Wikimedia Commons)
A Namibian businessman and South African precious metals company Pan African Resources have launched a US$131mn joint bid for gold explorer AngloGold Ashantis Navachab mine in Namibias Erongo Region
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