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ZIMBABWE: Mining group seeks to raise US$1bn

  • Date: 11-01-21
  • Category: ZIMBABWE
  • Source: Zimbabwe Chronicle

ZIMBABWE’S unlisted Kuvimba Mining House is seeking to raise US$1 billion for its gold and platinum projects, including a gold mine that could produce 150 000 ounces a year, as well as exploration.

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SOUTH AFRICA: SA’s mines bring hundreds of thousands of employees back to work

  • Date: 10-01-21
  • Category: SOUTH AFRICA
  • Source: Business Live

Mining companies are applying the tough lessons they learnt in 2020 as they return 450,000 people to one of SA’s largest industries after the year-end break amid a strong resurgence in Covid-19 infections and deaths.

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SOUTH AFRICA: COVID-19 remains a threat for Impala Platinum mineworkers

The Rustenburg-based Impala Platinum Mine in the North West has a 40 000-strong workforce. Although it has already recorded close to 2 000 infections, it has some of the strictest health and safety COVID-19 protocols to prevent its staff from getting infected by the deadly virus.

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COBALT: R&B star Akon enters Congo mining sector in JV with state company

  • Date: 06-01-21
  • Category: COBALT
  • Source: Mining.com

A company led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of Congo in a joint venture with a state miner, according to a contract published by the mines ministry.

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AUTO SALES: UK new car registrations in 2020 sink to 30-year low

It was also the biggest one-year fall since World War Two, when factories were being turned over to military production, the Society for Motor Manufacturers and Traders said.

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BATTERIES: Brexit Exposes U.K. Auto Sector’s Lack of Electric-Car Batteries

  • Date: 06-01-21
  • Category: BATTERIES
  • Source: Bloomberg

Britain must build up its electric-vehicle battery industry in the coming years or it will lose out to the European Union in the intensifying race to build plug-in cars, the country’s automotive trade group warned.

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GRAPHITE: Talga Group completes scoping study to expand Vittangi anode project

  • Date: 06-01-21
  • Category: GRAPHITE
  • Source: Roskill

Talga Group has released the results of a positive scoping study for its Niska South, Niska North and Nunasvaara North graphite resources in Sweden, which it plans to integrate into its existing Vittangi project. This was a preliminary technical and economic scoping study to determine the viability of further development. A project has been proposed for 400kty with a 14-year mine life. The company notes that “early results support a stand-alone mine and anode refinery to process an estimated 5.1

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PGM PROJECTS: Generation Mining Announces Additional High-Grade Results From Marathon Drilling

  • Date: 05-01-21
  • Category: PGM PROJECTS
  • Source: Globe News Wire

Generation Mining Limited (TSX:GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce final results from its 12-hole, 5,068-metre exploration drill program focused on the down-dip western extension of the W Horizon portion of the Marathon Palladium Deposit which is currently the subject of a Feasibility Study. The 2020 exploration drilling results will not be incorporated in the Feasibility Study, which is ongoing and should be released during the first quarter of 2021.

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