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Mining Weekly | Africa

The latest mining world news and project information from Africa.
  • Kefi approves final model for Tulu Kapi project
    The final project models for Kefi Minerals’ Tulu Kapi project have now been agreed to by the government of Ethiopia, contractors Lycopodium and Ausdrill/African Mining Services and preferred project financiers. "The models were uploaded into the formal financing data rooms. They show some improvements for shareholders, as compared with recent company guidance,” Kefi chairperson Harry Anagnostaras-Adams said in a statement on Thursday.
  • Employee dies in accident at Harmony’s Thsepong mine
    Harmony Gold on Thursday said an employee at its Tshepong mine, near Welkom, in the Free State, had been killed in a mining equipment related incident on Wednesday afternoon. An investigation into the accident was currently under way.
  • Platinum miner Lonmin's lenders relax loan agreements again
    Platinum miner Lonmin has received a further waiver on its debt agreements from its lenders, preventing a default, the South Africa-focused company said on Thursday. London-listed Lonmin, which is being bought by Sibanye-Stillwater, has been battling liquidity issues caused by combination of low platinum prices, a strengthening local currency and soaring costs.