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APPOINTMENT

Stellar appoints new nonexecutive director, Campbell steps down

Aim-listed, West Africa-focused diamond development company Stellar Diamonds announced in a statement on Tuesday that it had appointed Liviu Meran a nonexecutive director on its board, while James Campbell was stepping down from his position as...
30th September 2014
 
IRON-ORE

Smacked by Ebola, low prices, West Africa iron mining faces reshape

Tonkolili Plunging prices and the spread of Ebola are reshaping the iron ore mining sector in West Africa where some companies risk sinking if they cannot find new partners, lenders or owners. West African iron ore miners already are in a critical situation...
30th September 2014
 
MINING EQUIPMENT

Osborn to supply R11m modular plant to Russian iron-ore facility

Osborn modular plant Johannesburg-based equipment manufacturer Osborn has been awarded an R11-million export order to supply a full modular plant to the Al Rosa iron-ore facility, in Russia, the company announced on Thursday. In addition to the full modular plant,...
25th September 2014
 
EBOLA

Time for business to get involved in Africa Ebola battle – AfDB chief

Donald Kaberuka West African nations hit by the Ebola virus epidemic will need international help to rebuild for years to come and it is time for mining companies and business to get involved, the head of the African Development Bank (AfDB) said on Tuesday....
24th September 2014
 
FUNDING

Bellzone shares suspended as final agreement on $4m loan not yet reached

Aim-listed Bellzone Mining on Monday announced that its shares would be suspended from trading on the Aim with immediate effect, as the company had not yet been able to reach agreement with China Sonangol International on the final satisfaction of...
22nd September 2014
 
HEALTH & SAFETY

Mali says at least 16 killed in artisanal gold mine collapse

At least 16 people were killed following the collapse of a shaft in an artisanal gold mine some 130 km (80 miles) south of Mali's capital Bamako, the West African State's mines ministry said late on Tuesday. Ten of those killed were miners from...
17th September 2014
 
EBOLA

Citing security threat, Obama expands US role fighting Ebola

President Barack Obama on Tuesday called West Africa's deadly Ebola outbreak a looming threat to global security and announced a major expansion of the US role in trying to halt its spread, including deployment of 3 000 troops to the region. "The...
17th September 2014
 
HEALTH & SAFETY

Sierra Rutile sees limited operations during Ebola lockdown

Minerals group Sierra Rutile said its operations would be restricted during the three-day countrywide lockdown to halt the spread of Ebola across Sierra Leone and that it would optimise operations in the lead-up to mitigate overall impact of the...
15th September 2014
 
DIAMONDS

Stellar begins testing on DMS plant at Baoulé diamond project

London-listed diamond development company Stellar Diamonds said on Thursday that commissioning testing of its 100 t/h dense media separation (DMS) plant at the Baoulé kimberlite project, in Guinea, had started ahead of trial mining, which is...
11th September 2014
 
ECONOMY

Economic growth forecasts cut for Ebola-hit West African nations

Sierra Leone has cut its 2014 economic growth forecast to 7% or 8% as an Ebola outbreak cripples business in the iron ore-exporting West African country, the government said on Wednesday. The economic outlooks for Guinea and Liberia, two other...
11th September 2014
 
EBOLA OUTBREAK

Miners step up safeguards in mineral-rich Africa amid Ebola crisis

Mining companies are beefing up protection against the spreading Ebola virus in West Africa while maintaining investment in new projects in a region with vast untapped mineral wealth. Attempts to keep the deadly virus out of work sites range from...
5th September 2014
 
IRON-ORE

Guinea hopes for $50bn in mining investment in next decade

Guinea hopes to attract $50-billion of investment into its mining sector in the next decade, the country's minister of mines said on Thursday, an ambitious goal for a country with GDP of about $7-billion currently. The West African country is...
4th September 2014
 
 
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