admin

AfDB backs Nyanza Light Metals with R1.2bn to boost Africa’s mineral beneficiation

The African Development Bank (AfDB) has approved $75 million (around R1.28 billion) in financing for South Africa-based Nyanza Light Metals to advance large-scale titanium processing and strengthen Africa’s industrial base through mineral beneficiation.The investment will support the development of an 80 000-ton-per-year titanium dioxide pigment manufacturing plant at the Richards…
Read More

Anglo American lifts copper output amid portfolio shake-up

Anglo American has reported steady copper production and stronger operational performance across its key mining assets as the company presses ahead with a sweeping portfolio simplification, including the disposal of its diamond and platinum interests.The diversified miner on Tuesday said improved copper grades and higher output from its Quellaveco and…
Read More