Finance

AbraSilver Resource secures a $15 million investment from Kinross Gold and Central Puerto to advance its Diablillos project, enhancing silver and gold production.

Abu Dhabi’s IRH has offered over $1 billion for a 51% stake in Zambia’s Konkola Copper Mines, expanding its copper mining interests in Africa.

Western Copper and Gold is raising $29 million to fund the expansion of the Casino project in Yukon, aiming to enhance its copper, gold, and molybdenum output.

Guinea’s Simandou project secures $15B for iron ore mining. A transformative milestone propels Africa’s iron industry.

Alamos Gold announces a transformative $325 million acquisition of Argonaut Gold, significantly increasing gold production and setting stage for industry dominance.

Lifezone Metals secures a $50M investment and critical refinery licence in Tanzania, marking a significant step in the Kabanga nickel project’s development.

Centamin celebrates a 25% profit boost in 2023, driven by higher gold sales at the Sukari mine amid soaring global gold prices.

Black Rock Mining finalizes funding for the Mahenge Graphite Project, securing loans from IDC and DBSA, paving the way for production in 2026.

With robust financial backing, West Wits Mining is gearing up for the swift launch of the Qala Shallows project, poised to be a significant gold producing venture.

Murray & Roberts report significant loss reduction and debt decrease, signaling a strong financial turnaround and renewed market confidence in their strategic focus.