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World Bank backs Mozambique hydropower megaproject

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THE World Bank has approved funding for Mozambique's $5bn Mphanda Nkuwa hydropower plant, Southern Africa's largest such project in 50 years that could also...

KoBold secures contested Congo lithium deposit

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US mining firm KoBold Metals, backed by billionaires Jeff Bezos and Bill Gates, has signed a landmark agreement with the Democratic Republic of Congo...

Sibanye-Stillwater extends US recycling with $82m Metallix deal

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SIBANYE-Stillwater announced on Monday it agreed to buy US-based precious metals recycling business Metallix Refining for $82m (R1.5bn) in cash. Metallix Refining, a profitable company...

South32 shares surge on manganese recovery

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SHARES in South32 climbed nearly three per cent on Monday after reporting stronger-than-expected manganese production in the fourth quarter, driven by resumed exports from...

Vicuña extends Argentine mine life by years

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VICUÑA Corp., a joint venture between Australia's BHP and Canada's Lundin Mining, has announced a six-year extension to the operational lifespan of its Josemaria...

BHP faces $1.7bn cost blowout at Canada project

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MINING giant BHP Group on Friday announced significant delays and cost increases at its Canadian potash venture, Jansen, Reuters reported on Friday. Some $1.7bn in...

Rains wash away Valterra Platinum’s first half earnings

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VALTERRA Platinum today forecast a precipitous decline in interim earnings owing to heavy rains in the first quarter which led to the suspension of...

US consortium eyes Congo copper firm acquisition

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A US investment group featuring ex-military personnel is working to buy Chemaf Resources, a mining firm in the Democratic Republic of Congo that has...

Vedanta unit plans major Zambian smelter upgrade

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KONKOLA Copper Mines (KCM) will overhaul its Zambian smelter facility as part of efforts to boost production following last year's return to full operations...

Kuvimba plans $270m lithium processing facility

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KUVIMBA Mining House will start construction of a lithium concentration plant at its Sandawana mine in Zimbabwe during the third quarter, with operations expected...