Tag: African mining

Exxaro seals $660 million manganese deal, lifting South Africa’s supply role
BusinessTechnology

Exxaro acquires South African manganese mines in $660 million deal

South Africa’s mining sector is seeing another major consolidation. Exxaro Resources has completed a R10.6 billion ($660 million) acquisition of manganese assets, expanding its footprint in one of the world’s most important mineral belts.  The deal, agreed with Ntsimbintle Holdings and OMH, gives Exxaro full ownership of Ntsimbintle Mining and a controlling interest in the Tshipi Borwa Mine. The transaction…

Oluwatosin Alao Oluwatosin Alao
Qala Shallows gold project
BusinessHot News

Absa Bank secures West Wits equity in strategic fee settlement deal

Absa strengthens its role in African mining with the new West Wits equity deal.

Timilehin Adejumobi Timilehin Adejumobi
Blencowe Resources
BusinessHot News

Blencowe secures $1.5 million funding for Uganda mining project

Funding fuels Uganda’s Orom-Cross graphite project in the critical minerals race.

Timilehin Adejumobi Timilehin Adejumobi