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Eastplats investigation nearing completion

17th May 2017 An investigation into the dealings of the ousted management of TSX- and JSE-listed Eastern Platinum (Eastplats) is drawing to a close, which will allow the company to file its 2016 audited financial statement within the next two weeks. The South Africa-focused miner missed the March 31 deadline... 

Eastplats to undertake further assessment work at Mareesburg

12th May 2017 A focused reassessment and additional work is targeted for the Mareesburg openpit project, in Limpopo, as dual-listed Eastern Platinum (Eastplats) takes a “fresh look” at its mineral properties during this year, with a view to advance available development opportunities. The company said on... 

Stellar Diamonds to start FEED study at new project

3rd May 2017 Stellar Diamonds has signed a front-end engineering and design (FEED) study contract for its Tongo-Tonguma kimberlite diamond project, in Sierra Leone. This follows the signing, last week, of a tribute mining agreement between it and Octea Mining in respect of the combined Tongo-Tonguma project. 

Junior miners under strain as investors increasingly look elsewhere

17th March 2017 Encouraging investment for junior miners is becoming a persistent issue amid faltering markets and investors increasingly seeking ways to settle their capital in other markets, stocks and companies that can guarantee its safeguarding and growth. Based on the sentiment of participants of the... 
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SA will take some three years to recover from drought, WC more – Mokonyane

South Africa will take two to three years to recover from the worst drought in a century but the Western Cape will feel the effects for longer than that, Water and Sanitation Minister Nomvula Mokonyane said on Friday. Mokonyane said in her budget vote speech major dams were almost three quarters... 

Uganda, Tanzania sign deal for world's longest heated pipeline

Uganda and Tanzania signed a framework agreement on their proposed $3.55-billion crude export pipeline on Friday, a key milestone for the project, which is expected to start pumping Ugandan oil to international markets in three years. An official at Uganda's Ministry of Energy told Reuters the... 
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