THE Karo Platinum Project capital expenditure (capex) has risen 6,45% to US$546 million to reach production, from the previous estimate released in April, driven by higher infrastructure, engineering, and processing costs.
The project.
Rebels occupying Twangiza Mining’s gold concession in eastern Democratic Republic of Congo (DRC) have looted at least 500 kg of bullion since May, the company told Reuters, accusing some of its own.
LSE-listed Kavango Resources has confirmed an openpit gold deposit at the Nightshift prospect within its Hillside gold project, in Zimbabwe, following a maiden Joint Ore Reserves Committee- (Jorc-) compliant mineral resource estimation.
Zimbabwe-focused gold miner Caledonia Mining Corporation’s Blanket mine produced 19 106 oz in the third quarter ended September 30, compared with the 18 992 oz of gold produced in the third quarter.
JERSEY miner, Caledonia Mining Corporation (Caledonia) is expected to contribute 2,5 tonnes to 2025’s national gold deliveries of over 40 tonnes, with output set to rise to 7,5 tonnes once its Bilboes.
Botswana’s State-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government’s new deal with De Beers, MD Mmetla Masire said.
AGGREGATE Mineral Resources (AMR) is exploring joint venture opportunities and strategic mining partnerships targeting small-scale miners with the aim of upscaling their mining operations.
The strategic move comes as artisanal miners now supply.
Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry.
Caledonia Mining is to decide by year-end whether to build the Bilboes project in phases – potentially halving the original plant size to curb equity dilution and limit financial risks, CEO Mark.
